Corporate
Overview
A global provider of excellence, Piaggio Aerospace is dedicated to cutting edge aviation technology. Among the leading industry players to design, develop and support unmanned aerial systems, business, special missions and ISR aircraft and aero engines, Piaggio Aerospace is an industry leader in business aviation and Defence and Security.
Mission
Piaggio Aerospace's aim is to continue to represent the state of the art in the aviation industry, designing, developing, manufacturing and maintaining unmanned aerial systems, aircraft and aero-engines for private operators, governments and military.
Ceaselessly pursuing research-led innovation and continuous product improvement, Piaggio Aerospace aims to drive forward leading edge solutions that ensure maximum efficiency in our industrial processes and distinction in the products and services we offer our customers, guaranteeing our shareholders a solid return on their investments.
Vision
A diversified product portfolio and long standing shareholder confidence provide the strong foundation we need to keep pushing forward the boundaries of aviation excellence. We believe our ongoing success in the global marketplace lies in the efforts and talents of the passionate people that work at Piaggio Aerospace, striving to create unique hi-tech products that meet our customers’ high expectations.
Board of Directors

Haluk Bayraktar
Haluk Bayraktar is a leading figure in the global aerospace and defense industry. He serves as the CEO of Baykar, the world’s largest exporter of unmanned aerial vehicles (UAVs) and Türkiye’s top aerospace and defense exporter. Under his leadership, Baykar has evolved into a globally recognized high-tech company, delivering state-of-the-art drone systems to over thirty countries and driving innovation in autonomous aviation. He holds a degree in industrial engineering and an MBA, combining deep technical expertise with strategic business insight. Throughout his career, he has consistently championed technological advancement, industrial growth, and international cooperation. As Chairman of Piaggio Aerospace, he is committed to revitalizing one of Italy’s most historic aviation brands, preserving its legacy while steering it into a new era of excellence in business aviation and advanced engineering.
Giovanni Tomassini
With over thirty years of experience in the manufacturing and aerospace sectors, Giovanni Tomassini has held increasingly senior roles at companies such as Aermacchi and Ansaldo Sistemi Industriali. He joined Piaggio Aerospace in 2009 and, in 2019, became Chief Operating Officer after leading the Engine Business Unit and overseeing the design and relocation of operations to the new Villanova d’Albenga facility. An expert in Lean Manufacturing, Six Sigma, and industrial planning, he has led major operational transformations and negotiated strategic agreements with institutional clients and international partners. He is known for his strategic vision, ability to lead complex teams, and strong focus on innovation and sustainability. Born in 1964, he holds a degree in Mechanical Engineering from Politecnico di Milano, where he also completed several executive programs in management, human resources, and supply chain.
Pelin Birol
Industrial engineer and executive, Pelin Birol joined Baykar in 2018, taking on increasing responsibilities in production planning and material requirements planning (MRP). Since 2022, she has been leading the Production Management Department, overseeing strategic and operational aspects of manufacturing. She began her career in 2016 in the production industry, focusing on process development. In addition to her role at Baykar, she serves on the Board of Directors of the Turkey Technology Team Foundation (Türkiye Teknoloji Takımı Vakfı – T3 Foundation), supporting national initiatives in science and innovation. Born in 1994 in Istanbul, she holds a Bachelor of Science and a Master of Science with honors in Industrial Engineering from Istanbul Technical University. She also completed an Executive Master of Business Administration program organized by SAHA Istanbul, a defense and aerospace industry cluster.
Çağlayan Çetin
Çağlayan Çetin is the President of Trendyol Group, Turkey’s leading e-commerce platform. With over 20 years of global finance experience, he previously served as Managing Director at Goldman Sachs Turkey, co-head of EMEA Corporate Investment Banking at Deutsche Bank, and co-founder/CEO of Dome Group, a London-based investment bank. Since joining Trendyol in 2021, Çetin has driven its international expansion into Europe, Azerbaijan, and the Gulf States, targeting 50% of revenue from global markets. He spearheads strategic growth, investor relations, and partnerships, including with Alibaba Group, while championing Turkish exporters and initiatives like the United Nations Development Programme (UNDP)’s “Villages of Tomorrow” project. A dual Turkish-German citizen, Çetin is fluent in English, German, Turkish, and Spanish, and resides with his wife and two children.
Giuseppe Cossiga
Aerospace engineer and industry executive, Giuseppe Cossiga is President of AIAD, the Federation of Italian Companies for Aerospace, Defence and Security, and since 2025, President of MBDA Italia, where he also serves as Director of Institutional Relations. From 2001 to 2013, he was a Member of the Italian Parliament, serving among other roles as Undersecretary of State for Defence, with responsibility for procurement and the defence industry. Before entering politics, he gained managerial experience in Italy and abroad in the aerospace sector (GIE ATR in France, Alenia Aeronautica), communications (Adnkronos Group), and infrastructure (Autostrade per l’Italia, Autostrade TECH). Born in Sassari on October 30, 1963, Giuseppe Cossiga graduated with honors in Aerospace Engineering from “La Sapienza” University of Rome. A passionate scholar of military history, he also served as President of ISTRID, the Institute for Defence Studies and Research.
Fabrizio Giulianini
With over forty years of experience in the aerospace, defense, security and telecommunications sectors, he has held top executive roles at Finmeccanica-Leonardo, where he led as Executiev Group Vice President the group’s largest Sector – Electronics, Defense and Security Systems – coordinating over 21 thousand people across more than ten countries and overseeing operations in Italy, the United Kingdom, the United States, and other strategic markets. He was CEO of Selex ES, SELEX Galileo and MBDA Italia, Chairman of the Dema Group, and gained international experience working in top positions in prestigious foreign corporations as Marconi and GTE/General Dynamics.. He has served, as Chairman or Director, on the boards of numerous companies, both in Italy and abroad, has been a member of the Board of ASI-Agenzia Spaziale Italiana and of AIAD, the Italian Federation of the Aerospace and Defence Companies. He graduated with honors in Mechanical Engineering from the University of Rome “La Sapienza” and completed several postgraduate programs in technical, marketing, and management fields. He has been awwarded the honor of Grand Officer of the Order of Merit of the Italian Republic.
Idris Şenyurt
Certified public accountant and statutory auditor, İdris Şenyurt is a Tax Partner at BDO Türkiye. He began his career as a Tax Inspector and later served as Advisor to the Minister of Finance. After earning a master’s degree in the U.S., he became Strategy and Foreign Relations Coordinator at the Tax Inspection Board. In 2014, he joined the Turkish Revenue Administration, where he held senior roles including Head of Department and Deputy Commissioner. He also served on the Board of Directors of Sümer Holding, a State-owned holding for industrial privatization. Since 2019, he has been a member of the Executive Board of the Tax Council, and a full member since 2021. Throughout his career, he has managed various areas of taxation, participated in international negotiations, and served on committees for legal interpretation and dispute resolution. He holds degrees in Public Finance (Gazi University), Law (Atılım University), and Accounting (Loyola University Chicago).
Code of Conduct and Legislative Decree 231/01
Piaggio Aerospace's activities are based on the highest standards of transparency, integrity and legality, which are considered essential to its proper functioning and to the ever-greater satisfaction of its customers. In this perspective, the Board of Directors has approved the Organisation, Management and Control Model relevant to the prevention of crimes envisaged by Legislative Decree 231/2001, as well as the Code of Conduct that contains the principles of conduct to which the company is inspired.
Sustainability Policy and Objectives
Piaggio Aerospace believes in sustainable industrial development in terms of energy, environment, health and safety. Continuous improvement culture, developed throughout years of experience in the aerospace field, mindset for excellence and passion for technological innovation make Piaggio Aerospace a leading Company for sustainability challenges.
History
Piaggio is a story of success that began in Italy but spread to the world.
A story of a company with a glorious past, whose triumph over hardship inspires its products today and continues to shape its future.
Piaggio Aerospace is a story of innovation and progress started long ago, but still being written.
1884
Genova: a new history in the making
Manufacturing for the booming railway industry, Rinaldo Piaggio founds the company that will one day take to the skies and circle the globe.
1915
Piaggio spreads its wings
Aero engines and certified aircraft with the Piaggio brand roll out of the factory and onto the runway for the first time.
1922
A flying start
Piaggio’s P.1 becomes airborne. With it’s innovative design, it smashes records around the globe.
1928
Wind of change
An innovative wind tunnel is built and Piaggio writes a new chapter of aerodynamic research.
1937
Engineering the future
The P.108 is unveiled. The company’s first four-engine aircraft, it embodies the evolving ambition of the Piaggio brand.
1946
Phoenix rising
The war is finally over and the challenge of rebuilding begins. Piaggio embraces the era with inspired new designs.
1957
Moving with the times
The P.166 and P.166M, Piaggio’s first utility aircraft, takes off. Both powerful and practical, its design wins international recognition.
1964
Jet setting into new markets
Piaggio’s first jet propelled aircraft, the PD-808, secures a future of independence for the companies aeronautic division.
1986
Imagination takes flight
After years of research, the extraordinary P.180 finally leaves the ground and the legend of Avanti begins.
1998
A new name conquering the world
The P.180 takes international markets by storm and Piaggio Aero Industries is born. The company rockets to the forefront of executive aircraft production.
2003
Back to the future
The classic maritime patrol plane, P.166, is redesigned, upgraded and relaunched as the P.166 DP1.
2005
Flying higher
A culture of ground-breaking research and cutting edge technology culminate in the progressive P.180 Avanti II with its pioneering three lifting surfaces configuration.
2012
A masterpiece evolves
The launch of the MPA Program transforms the exceptional P.180 Avanti into a highly advanced Multirole Patrol Aircraft.
2013
Skies without limits
Europe’s first unmanned aerial vehicle, the game changing P.1HammerHead, completes its maiden flight in November, piloted entirely by remote.
2014
Avanti EVO: the third generation of the P.180 is born.
With an evolved design and refined performance, Avanti EVO sets
a new benchmark in business aviation.
2025
A new era takes fly.
Baykar becomes the new shareholder of Piaggio Aerospace: two leaders, one shared vision to relaunch the brand
on the international stage.





