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INDUSTRY<br />

Ferrari Flies Piaggio<br />

By Patrizia Galantucci<br />

A ride in a red-flaming Ferrari is every kids dream. How<br />

can we blame them? Many <strong>of</strong> us still cherish this dream.<br />

More ambitious kids may wish to ride, fly or, better, own a<br />

private jet. Today, the most fortunate children that have<br />

become successful in their careers can finally blend those<br />

two wishes in one, thanks to Piaggio Aero Industries. They<br />

can in fact, enjoy the comfort brought together by invaluable<br />

traditions combined with the most advanced technology.<br />

In May 2000, Luca Cordero di Montezemolo, President and<br />

CEO <strong>of</strong> Ferrari S.p.A. took delivery <strong>of</strong> a P 180 Avanti with<br />

a Ferrari livery, displaying the famous prancing horse logo<br />

on the aircraft tail; Piaggio Aero has proudly manufactured<br />

the airplane for the Italian automotive and racing<br />

company. Piero Ferrari, son <strong>of</strong> the founder <strong>of</strong> the Ferrari<br />

legacy, Enzo Ferrari, is the President and Chairman <strong>of</strong> the<br />

Board <strong>of</strong> Piaggio Aero.<br />

Piaggio Aero Industries is one <strong>of</strong> the world's oldest aircraft<br />

manufacturers. A well known and respected Italian company,<br />

Piaggio has its facilities in Genoa-Sestri and Finale<br />

Ligure - in the Ligurian region - where 1400 employees<br />

take care <strong>of</strong> production, final assembly, test flight, aircraft<br />

overhaul and shelter production. The company's core<br />

activities range from aircraft and aero-engine parts manufacturing<br />

to battlefield shelters and civil protection.<br />

The high-speed and advanced technology comparison<br />

between the P180 Avanti to a Ferrari came in mind when<br />

in October 2004, a Piaggio Avanti flew for the NBAA<br />

(National Business Aviation Association) Convention from<br />

Chicago to Orlando, setting a new world speed record for<br />

class C-1.E aircraft. The course speed for the 854 nmi distance<br />

from Chicago's Midway Airport to Orlando<br />

Executive was 426 mph. The flight took two hours, 18 minutes<br />

and 12 seconds.<br />

In January 2004, Piaggio <strong>America</strong>, Inc. - a wholly owned<br />

subsidiary <strong>of</strong> Piaggio Aero Industries - celebrated the<br />

grand opening <strong>of</strong> its new U.S. Headquarters held in conjunction<br />

with Annual Ferrari Event. Formed in July 2000 to<br />

sell and support the P180 Avanti in the USA, Canada and<br />

Mexico, Piaggio <strong>America</strong> moved its U.S. headquarters<br />

from Greenville, South Carolina, to West Palm Beach,<br />

Florida, where the company rents space from Jet Aviation.<br />

"Piaggio has chosen this strategic location to enhance<br />

business exposure, since the city hosts many qualified<br />

customers and it is located in a central position between<br />

<strong>Italy</strong>, United States and South <strong>America</strong>. West Palm Beach<br />

also allows the company to benefit from consistent air<br />

traffic, thanks to the all-year-round great whether conditions",<br />

said Nicoletta Roselli, Manager <strong>of</strong> Marketing and<br />

Sales Support at Piaggio <strong>America</strong>.<br />

The Piaggio Avantis are flown worldwide, and thanks to<br />

increased and overwhelming demand, the manufacturer<br />

has plans to increase dramatically the annual production<br />

rate.<br />

Piaggio Aero with its "Italian masterpiece", the P180<br />

Avanti, is contributing the expansion <strong>of</strong> the "made in <strong>Italy</strong>',<br />

helping associate <strong>Italy</strong> not only with fine cuisine, high<br />

fashion designs and luxurious automobiles but also with<br />

corporate air transportation. �<br />

.11 .it italian trade

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