Piaggio Aero and Jet Aviation Agreement

Farnborough July 14, 2008 - Piaggio Aero Industries announced that it recently signed an agreement with Jet Aviation to select Jet Aviation Dusseldorf as an Authorized Service Center for the P.180 Avanti / Avanti II aircraft. Jet Aviation Dusseldorf has already performed maintenance work for P.180 Avanti / Avanti II aircraft owners and operators for many years. The addition of the Dusseldorf facility to the Piaggio Aero's service center network will further enhance the company's service and product support to the growing P.180 Avanti / Avanti II fleet in Europe.
Commenting on the agreement, Paolo Frino, Piaggio Aero Vice President After Sales, said: "This partnership with Jet Aviation represent an important step in Piaggio Aero's customer support development providing first class service and product support to our increasing client base in Northern Europe. With this partnership agreement, we will be able to even better serve our customers who can benefit from Jet Aviation's premium level of expertise and efficiency in aircraft maintenance."
"With more than 10 years experience on the P.180 Avanti aircraft, our Dusseldorf MRO team has achieved an excellent reputation among Piaggio Aero's European customer base," adds Johannes Turzer, Senior Vice President of Jet Aviation Dusseldorf. "The appointment as Piaggio Aero Authorized Service Center underlines their trust towards our Dusseldorf team and capabilities."
The new authorization allows Jet Aviation Dusseldorf to perform maintenance services to P.180 Avanti / Avanti II aircraft with a scope of work that includes up to and including D-Check inspections. As part of the agreement, Jet Aviation's personnel will attend recurring annual training courses at Piaggio Aero's Genoa Training center.