Baykar Acquires Piaggio Aerospace Business Complexes

Piaggio Avanti EVO

Piaggio Avanti EVO

Credit: Nigel Prevett / Aviation Week
Piaggio Aerospace completed the sale of its Villanova d’Albenga and Genoa, Italy sites to Baykar, a Turkish aerospace firm. The acquisition, finalized on June 30, includes the retention of current employment levels at both sites, with plans to expand the workforce and subsequent production...
Jeremy Kariuki

Jeremy Kariuki was Associate Editor for Business Aviation, based in Atlanta. Before joining Aviation Week in April 2023, Jeremy served as a writer for FLYING Magazine, FreightWaves and the Center for Sustainable Journalism.

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