Palm Beach
The Piaggio Aero's P.180 Avanti in Ferrari's livery owned by Avantair star of the evening of elegance

Palm Beach FL - January 19, 2006: Jet Aviation sixth annual "La Bella Macchina" held at the company's Palm Beach facility during the ?Cavallino Classic? one of the premier automotive events in the world.

The international event was a connoisseurs? celebration of Ferraris, luxury yachts and aircraft.

The star of the evening of elegance was the Piaggio Aero's P180 Avanti owned by Avantair customized with Ferrari colours and logo: the worldwide famous ?Pracing Horse? which is proudly displayed on the ?Avanti? turboprop.

The party was attended by Mr. Piero Ferrari Chairman of Piaggio Aero Industries and Vice-Chairman of Ferrari S.p.A., Mr.Josè di Mase CEO of Piaggio Aero, Mr.Alberto Galassi Member of the Executive Board and of the Executive Committee, and by more than 2200 elite executives including Mr. Alfred Rapetti Executive Chairman of Avantair, VIPs, socialites and Ferrari aficionados.

Guest mingled among a half billion dollars worth of luxury toys, including more than $125-million worth of private aircraft and $30-million worth luxury yachts. Ninety-five new, classic and vintage Ferrari?s were exhibited.

The ?Best in show? Ferrari winner, owner of the last surviving 1951 212 Export Spyder Vignale, received the ?Jet Aviation Cup? from Mr. Piero Ferrari, and 10 hours of flight time from Mr. Alfred Rapetti aboard Avantair's P180 Avanti in custom designed Ferrari paint scheme.

Piaggio Aero's P180 Avanti is the only aircraft in the world worthy of displaying the Ferrari?s brand on its livery; like Ferrari?s cars, the Piaggio Aero?s aircraft represents the excellence and the world-wide success of the hi-tech products made in Italy. Piaggio Aero and Ferrari are synonymous with success, efficiency, technology and unrivalled Italian design.