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Tag "Mubadala Aerospace"

Piaggio declares itself insolvent

Piaggio declares itself insolvent

Piaggio, the Italian manufacturer of the Avanti series of turboprop business aircraft, has declared itself insolvent and has asked to go into receivership. The firm had faced a tough sales environment for its turboprop range recently, only selling a handful

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Tata and Mubadala become main shareholders in Piaggio Aero

Tata and Mubadala become main shareholders in Piaggio Aero

Tata and Mubadala Development Company now own 85% of Italian aircraft manufacturer Piaggio Aero India’s Tata Group and Mubadala, the sovereign wealth fund of Abu Dhabi, has become the majority owners of Italian aircraft company Piaggio Aero. The two companies

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SR Technics redelivered its second VIP aircraft on-time

Company redelivered its second VIP aircraft on-time to a Middle East customer. SR Technics is part of the Mubadala Aerospace MRO network

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