Piaggio’s 140-year legacy is entrusted to Baykar
Baykar, the leader of the Turkish defense industry, purchased Piaggio Aerospace, the Italian aviation giant with a 140-year history. Piaggio, known for its P.180 Avanti business jets and aircraft engines, also has a strategic role in Italy’s defense ecosystem with its maintenance, repair and overhaul (MRO) services. This acquisition will increase Baykar’s influence in the European aviation market, furthering the company’s international success. In this video, we discussed Piaggio’s history and contributions to aviation.
Founded in 1884, Piaggio Aerospace has developed many innovative products as one of the oldest brands in the aviation industry. The company, which specializes in the production of aircraft engines as well as modern business jets and special mission aircraft such as the P.180 Avanti, has made significant contributions to Italy’s technology infrastructure.
Baykar’s Global Vision
Baykar aims to improve its production capacity and strengthen its presence in Europe by preserving Piaggio’s legacy. With this acquisition, it is also planned to modernize Piaggio and increase its workforce. Baykar, the world leader of the Turkish defense industry, further reinforces its global influence with this step. One of the important details is that with this acquisition, Baykar will manage the production of some parts of the F-35 fighter jet through Piaggio Aerospace, which produces turbofan blades for the jet… In addition, significant knowledge on turbofan engines will open an important door for future Baykar products.
A New Era in Aviation
This acquisition will increase not only Baykar’s success but also the influence of the Turkish defense industry at the global level. Piaggio’s historical heritage and Baykar’s innovative vision will come together and bring new momentum to both the Italian and Turkish aviation industry.