Ardent Acquisition Corp.to acquire Avantair Inc. the exclusive North American provider of fractional aircraft shares in the Piaggio Aero Avanti P.180 aircraft.
Genoa, 29/09/2005
Ardent Acquisition Corp.announced it has entered into definitive agreements to acquire privately held Avantair, Inc.
Avantair is the exclusive North American provider of fractional aircraft shares in the Piaggio Aero Avanti P.180 aircraft. Avantair is a rapidly growing provider of fractional ownerships of piloted aircraft for personal and business use, in addition to providing fixed base operation ("FBO") services.
Ardent will change its name to "Av...
Piaggio Aero signs US$17 Million Agreement with Pratt & Whitney for Work on F-35 Engine
Genoa, 19/09/2005
Piaggio Aero has signed a letter of intent with Pratt & Whitney, a unit of United Technologies Corp. (NYSE:UTX),for work on the F135 engine that will power the F-35 Joint Strike Fighter (JSF) "Lightning II."
The agreement, announced during a press conference at the Farnborough International Air Show, has a potential value of more than US$17 million over the life of the program.
Under the agreement, Piaggio Aero will produce F135 vane supports for th...
Omni of Portugal named as Spanish, Portuguese
Genoa, 12/09/2005
Piaggio Aero Industries has named the Omni Group of Lisbon as its exclusive sales representative for Spain, Portugal and all Portuguese speaking countries, with the exception of Brazil. Omni will assist Piaggio Aero in marketing the new P-180 Avanti II business aircraft, due to debut later this year, together with the P166, which is increasing in popularity for special mission roles.
Omni Group, founded in 1998, is an international aviation company with wide experience in s...