Avanti Evo’s Future in Doubt as Piaggio Aerospace Declares Itself Insolvent
The future fate of the Avanti Evo twin turboprop is in doubt following the insolvency of Italy’s Piaggio Aerospace. The company, controlled by Abu Dhabi-based investment firm Mubadala, declared bankruptcy on November 22 following slow sales of the Avanti Evo and the UAV version of the aircraft, the P.1HH. About 1,200 people are employed by […]