Andy Nativi

Andy Nativi
Articles
Avio CEO Francesco Caio Discusses Growth Plans 

Francesco Caio

Title: CEO, Avio

Age: 55

Birthplace: Naples, Italy

Education: Engineering degree from Milan Politecnico and MBA from INSEAD in Fontainebleau, France.

South Africa’s Defense Export Push
South Africa's industry deals with downsized military by promoting exports
Italy And Russia Expand Land Defense Cooperation
Russia looks to Italy for armor needs
Net-Enabled Weapons Drive Sea Warfare Change
Navy plans point to role for sub-rosa radar
New Vitrociset Chairman Aims For Revenue Boost 

TAKING REINS: Giorgio Zappa, newly appointed chairman of Italian aerospace company Vitrociset, is targeting a revenue increase despite Europe’s financial downturn. Zappa, 67, boasts a long history in Alenia Aeronautica and Finmeccanica, where he departed as COO in May 2011. In his new position he has operating powers, including responsibilities for audit, strategies and business development. Current CEO Antonio Bontempi, another Finmeccanica veteran, will remain in charge of company operations.

New Vitrociset Chairman Aims For Revenue Boost 

TAKING REINS: Giorgio Zappa, newly appointed chairman of Italian aerospace company Vitrociset, is targeting a revenue increase despite Europe’s financial downturn. Zappa, 67, boasts a long history in Alenia Aeronautica and Finmeccanica, where he departed as COO in May 2011. In his new position he has operating powers, including responsibilities for audit, strategies and business development. Current CEO Antonio Bontempi, another Finmeccanica veteran, will remain in charge of company operations.

Russia, Italy Expand Land Defense Cooperation
Russia is increasingly partnering with Italy, starting with armored fighting vehicles.
Windjet Demise Rattles Italian Low-Fare Arena 

Though the plan was risky, Alitalia had hoped to stabilize the Italian air transport sector through a merger with Air One and the takeover of smaller carriers. While the Air One deal has been completed, the second goal has fallen flat. Europe's low-fare carriers will gladly take notice.

In addition to Windjet, Blue Panorama—an early Boeing 787 customer—was a target. Earlier this month, talks with Windjet failed and the small, low-fare carrier stopped flying a few days later. Blue Panorama appears to be in financial difficulty as well.

Italy Set For Major Defense Reform 

GENOA — Italy plans a major reform of its armed forces, with the ambitious goal of increasing or at least maintaining operational capability while simultaneously cutting personnel, infrastructure and support components.

This is what Defense Minister Giampaolo di Paola wants to achieve through a special law, to be approved by Parliament before winter, followed by a number of detailed decrees.

As Rome Rescue Talks Fail, Windjet Faces Imminent Collapse 

Windjet is looking for a “white knight” to rescue it from imminent collapse, after a last-minute government-backed meeting in Rome failed to persuade Alitalia to resume takeover talks with the Sicily-based low-fare carrier.

Italy Moves To Protect Strategic Companies
Aerospace and defense entities top the list of 'strategic' companies to protect against foreign takeovers
Alitalia Cautiously Optimistic About Coming Months 

Alitalia doubled its losses in the first half of 2012 compared with the same period last year. But the Italian carrier believes it has reason for hope, although profits are likely to be elusive this year.

CEO Andrea Ragnetti says it has been “one of the most difficult semesters in the European airline business ever, but the worst is behind us.”

Finmeccanica On Path To Recovery, But Debt Increasing 

GENOA — Finmeccanica’s first-half results confirm that the company is recovering financially, but its growing debt is becoming an issue for management.

Giuseppe Orsi, chairman and CEO, says Finmeccanica will dispose of assets worth €1 billion ($1.2 billion) before the close of the year, which should allow the company to reduce its debt.

At the end of June that debt stood at €4.6 billion, an 11% increase over the same period of 2011. And the Italian economic crisis casts further doubt on the company’s debt situation.

Alenia, ATK To Test C-27Js As Gunships 

Alenia Aermacchi and Alliant Techsystems (ATK) are planning to begin testing the first MC-27J multimission airlifter—outfitted with a 30-mm cannon for the gunship role—this fall. The test campaign comes as the manufacturer works to carve out more market share for the tactical airlifter in the wake of a U.S. Air Force decision earlier this year to walk away from it and shelve brand new hardware due to budget pressures.

Manufacturers Expand Medium Helicopter Offerings 

No fewer than five new intermediate- and medium-size helicopters were on show on the ground or in the air at Farnborough as manufacturers reported a healthy recovery in civil orders anchored by global sales to offshore-support operators.

 
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