50 SKY SHADES - World aviation news

Carlo Logli to step down as Piaggio Aerospace chief executive

Download: Printable PDF Date: 24 Aug 2016 16:41 categories:
Publisher:
Carlo Logli to step down as Piaggio Aerospace chief executive - Personalities publisher
Krista Kuznecova
Country: Italy Aircraft: Airplanes
Source: Flightglobal

Carlo Logli is stepping down as chief executive of Piaggio Aerospace and will be replaced in the interim by the company’s chief operating officer Renato Vaghi.

The announcement comes three weeks after the Italian airframer – wholly owned by Abu Dhabi investment house Mubadala – published its industrial plan. This involves a major reshaping of Piaggio’s portfolio to position the company as a key supplier of defence and special-mission aircraft.

Logli will continue to support the business, Piaggio says, acting as a senior adviser to company chairman Ali Al Yafei and its board of directors.

Asset Image

Piaggio Aerospace

In a statement issued on 24 August, Yafei said Logli “has shown great leadership in managing the business through a period which saw the delivery of a state-of-the-art manufacturing base at Villanova d’Albenga [situated 80km (50 miles) southwest of Genoa], against the challenging backdrop of tough economic conditions”.

He adds: “It is time for a new CEO to deliver on the new industrial plan to yield a sustainable future for Piaggio.”

Logli joined the company in 2013 as chief restructuring officer. He was appointed chief executive the following year.

During his tenure with Piaggio, Logli has overseen the development of the of the P180 Avanti Evo business aircraft – the third iteration of the iconic twin-pusher turboprop – along with the Avanti-derived P.1HH Hammerhead unmanned air vehicle and multirole patrol aircraft, called the MPA.

Asset Image



Loading comments for Carlo Logli to step down as Piaggio Aerospace chief executive...


Recommended

Honeywell and SAUDIA signed APU agreement for MRO

Saudi Arabian Airlines selected Honeywell to extend maintenance services for auxiliary power units installed on the airline’s fleet of Airbus A330 and Boeing 777 aircraft. The two...

To increase Awareness and to build Relationships - meet Cathay Pacific

There are general wellknown things about Cathay Pacific Group: Everything starter back in 1946, today, it is a company with a long history of connecting Hong-Kong with the rest of the World. Cath...

Lighting to reduce jet lag of multi-timezone flights to increase passenger well-being

Dubai Air Show became the place where SCHOTT, jetlite, Etihad Engineering and Lufthansa Technik have signed a ceremonial letter expressing co-operation in further exploring and promoting a new &l...

50 A350XWB order for Emirates signed at Dubai Airshow 2019

Airbus and Emirates Airline have signed a purchase agreement for 50 A350-900s - Airbus’ newest generation widebody aircraft. The order was signed at Dubai Airshow 2019 by His Highness Sh...