CAEA Aviation becomes P180 Avanti agent in China


Announcement will be made during the Singapore Airshow

Piaggio Aero and CAEA
Aviation will officially announce at the Singapore Air Show their agreement
for the sale of the first two P.180 Avanti II aircraft in China.
The aircraft will be delivered in Beijing
in July 2012 and will be operated in China following  Piaggio
Aero’s  CAAC  Certification that was obtained in October 2011

CAEA Aviation has also been
appointed as the Exclusive Sales Agent for Piaggio Aero P.180 Avanti II
aircraft in mainland China.

“This deal with CAEA Aviation starts an important partnership for
Piaggio Aero  and will help to further promote our unique P.180 Avanti
II  aircraft  in the region. We are also delighted to welcome CAEA
Aviation as the first Chinese Avanti II  operator,” said Alberto
Galassi Chief Executive Officer of Piaggio Aero.

He continued “The P.180 Avanti II has achieved worldwide success with outstanding
performance comfort and economics. We are fully confident that our  aircraft
represents an ideal tool for China’s
private aviation market expansion. Chinese business aviation customers and
operators now have a new affordable choice as the Avanti II is a
great time saver in the air that opens up options to choose airports that may
be closer to the Customer’s destination thereby reducing overall travel time.
Its impressive performances and
unrivalled comfort are tailored to meet the needs of the business elite and
jetsetters who will love the P.180 unique Italian style and elegance. It’s not
by chance that Piaggio Aero aircraft has been chosen also by the Scuderia
Ferrari, the Ferrari racing team, and it’s the only aircraft in world 
displaying their legendary  Prancing horse symbol.”

“Piaggio  Aero Company commits
itself to provide the most excellent products for the global multipurpose
aircraft market looking for the best partners worldwide to distribute and sell
the aircraft. I am really happy with this agreement with CAEA Aviation  which will be a business booster for Piaggio
Aero in China;
we are proud  to be now part of this growing economy” he

Chairman Wang Long, president
of CAEA Aviation said ” Piaggio
Aero aircraft are the most luxurious and best performing airplanes in their
class.  due to their  performance, cabin comfort level and cost
performance when  compared with competitive aircraft  at the same
market level. As a professional international enterprise, CAEA Aviation 
and Piaggio Aero  will yield numerous aviation achievements in the near
future. Additionally we hope that both parties can work hand in hand, to make
contributions for the economic development of China. CAEA Aviation, with its expertise, assists elite travelers
through its full range of consultancy services on technical and financial
aspects in purchasing this desired aircraft, as well as managing the operation
and maintenance of the aircraft for its owners.”