» Piaggio Planning New Ferrari Jet

Piaggio Planning New Ferrari Jet

By Stephanie Wilson

ferrarijet

One of the fastest and most coveted supercar companies is taking to the sky. Piaggio, which is owned partly by Ferrari, announced plans for a new Ferrari jet based on the Avanti. Piaggio CEO Alberto Galassi made the announcement at the European Aviation Converence and Exhibition in Geneva, and said that Piaggio’s shareholders – Abu Dhabi’s Mubadala and the Tata Group – are committed to the project, but details will not be released until the plane is ready to fly.

In this Piaggio is following Ferrari’s lead rather than others in the aviation field who take orders based on mere renderings.

“Who wants to hear about a new airplane, take orders and then wait 10 years for delivery?” Galassi asked at EBACE. “You don’t see Ferrari announcing a new model and then spending years developing it. Ferrari designs the car, builds it and then launches it. I want us to be close to first flight and with the latest technology before we tell people about it.” He did reveal however that the jet will live up to the famous name: “I promise you one thing, this is a beautiful aeroplane. You would not expect anything more from Italian style and Ferrari. It costs the same to design an ugly aircraft as it does a beautiful one, so we have the beautiful one.”

Via Luxury Launches

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