PIAGGIO AEROSPACE’S CALL FOR EXPRESSIONS
OF INTEREST: DEADLINE EXTENDED TILL 19 JUNE
Villanova d’Albenga, 13 June 2023 – With a notice published in some financial newspapers, Piaggio Aero Industries and Piaggio Aviation Extraordinary Commissioners Carmelo Cosentino, Vincenzo Nicastro and Gianpaolo Davide Rossetti have announced they extended till 19 June, 6 pm CEST the deadline to submit expressions of interest (EOIs) to purchase the business complexes of the two companies under extraordinary administration.
The decision was taken because some interested parties asked for more time to submit the necessary documents. The original deadline was set on 12 June 2023.
Piaggio Aerospace has today a 556-million-euro order portfolio, with a P.180 Avanti EVO backlog of 17 units. The Company expects to break even at the end of 2023.
Piaggio extends deadline for business complex purchase.
Piaggio Aerospace has extended the deadline till 19 June for the submission of expressions of interest to purchase their business complexes. The extension was granted due to some interested parties needing more time to prepare the necessary documents. The original deadline was set for 12 June. Currently, Piaggio Aerospace has an order portfolio worth 556 million euros, with 17 units of the P.180 Avanti EVO on backlog. The company anticipates reaching break-even by the end of 2023.
