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Italy aviation news

Step forward in financial strategy, revolving credit facility renegotiated

Significant reduction of margins, down 25bp, and positive effects expected on the financial charges Size reduced, down to €1.8bn, and duration extended to 2023  ​ Leonardo signed a new Revolving Credit Facilities with a pool of domestic and international banks. The RCF envisages the payment of a spread of 75 basis points above Euribor, 25 basis point l...

Leonardo presents 2018-2022 Industrial Plan: long term sustainable growth

Taking action to return Group to sustainable growth over 2018-2022 Well positioned for a positive market outlook Leveraging one company model with a new commercial strategy Leveraging a strong backlog and accelerating orders to deliver revenue growth and improved profitability Strict cost control and focused investment on sustainable growth Disciplined financial strategy to balan...

Leonardo to lead OCEAN2020 program, the most important European Defense Agency research tender for Naval Surveillance Technology

OCEAN2020, a European Defence Fund initiative, will boost technological research in the  naval domain also by the integration of unmanned platforms in surveillance and interdiction missions Leonardo is a leader in systems integration and will lead a team of 42 partner companies including Saab, Safran, PGZ and MBDA, research bodies such as NATO CMRE and the defence ministries of five coun...

AW109 Trekker helicopter achieves EASA certification

Newest type in the light twin-engine segment strengthening Leonardo’s position in this market for public services and utility duties   EASA Certification allows deliveries to start in the first quarter of 2018  Over 40 aircraft ordered by customers worldwide to date  Leonardo is pleased to announce that the AW109 Trekker helicopter was issue...

Piaggio Aerospace approves five-year Industrial Plan

Piaggio Aerospace, a leading Italian aircraft manufacturer active in the business, defense and security sectors, approved a new five-year Industrial Plan designed to secure the long-term financial and operational stability of the business. The plan, which is supported by the shareholder as well as key stakeholders including the Italian Government and the Italian Air Force is built around the fo...

Leonardo wins the National Award for Innovation with an electric tail rotor for helicopters to reduce environmental impact

The winning project was developed within the European “Clean Sky” programme that is developing sustainable solutions for future air transport The groundbreaking technology is part of a programme to increase the use of electrical systems on aircraft; improving reliability, safety while reducing energy consumption and environmental impact Profumo: "Technological innovation is...

Eight more AW139S to strengthen rescue and border patrol services in Italy

Contract for two AW139s for the Coast Guard and six for the Customs and Border Protection Service valued at approximately 112 million euro for delivery by 2020 53 AW139s ordered by the Italian Government operators for public services to date Over 250 customers from around 70 nations have already ordered more than 1,000 AW139s, nearly 900 of which are in service  Leonardo anno...

Piaggio Aerospace to participate with Avanti EVO at NBAA-BACE, world's largest business aviation even

Piaggio Aerospace, a leading Italian aircraft manufacturer active in the business and defense and security sectors, today announced it will participate with its Avanti EVO at NBAA-BACE, the National Business Aviation Association - Business Aviation Convention & Exhibition staged in Las Vegas, US, between 10th and 12th October, 2017. The NBAA-BACE is the world's largest business avia...

Leonardo confirmed in the Dow Jones sustainability indices

For the eighth year in a row, Leonardo has been incorporated in the Dow Jones Sustainability Indices (DJSI) Europe. The company’s consistent presence in the Dow Jones equity indices reflects Leonardo’s commitment to a sustainability approach that integrates environmental, social and governance aspects into its business strategy, supporting corporate processes and the capacity to innova...

Piaggio Aerospace names Airflite as exclusive sales representative for Australia, New Zealand

Airflite, a leader in aviation related services, and Piaggio Aerospace, a leading Italian aircraft manufacturer active in the business, defence and security sectors, today announced the signing of an agreement to appoint Airflite as the exclusive sales representative for Piaggio Aerospace in Australia and New Zealand. The commercial agreement strengthens the ongoing partnership between Piaggio...

AW169, GrandNew orders reinforce Leonardo's strong position in Brazilian corporatehelicopter market

Three AW169s and one GrandNew helicopter sold to VIP operators in Brazil Nearly 20 AW169s have been ordered in Brazil to date Leonardo’s leading position in executive transport market, with 50 percent share in the global multiengine segment, extends as a result of product advantages Leonardo announced that further orders from Brazilian executive operators have strengt...

Tecnam receives major change approval from EASA for G1000Nxi P2006T Mark II

On June 27th 2017 EASA issued its Major Change approval for the G1000Nxi avionics suite in the P2006T. The G1000Nxi is available in the MkII version of the P2006T and is now available for delivery in EASA countries.  The FAA validation of this major change is now underway and will be completed in the coming weeks. EASA Major Change Certificate: http://www.tecnam.com/wp-content/up...