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 - March 10, 2021, 11:08 AM From 19 expressions of interest that were presented for Piaggio, the field of bidders has winnowed down to four. (Photo: Piaggio Aerospace). The field of bidders for Piaggio Aerospace has narrowed again, with four entities filing non-binding offers by the March 5 deadline. After weighing expressions of interest from 19 potential bidders for Piaggio, the Italian Ministry for Economic Development late last month had extended invitations to five entities from three continents to submit offers. Piaggio Aerospace commissioner Vincenzo Nicastro will assess the offers and send the analysis to the Ministry for Economic Development to determine the strongest bidder. Negotiations will then begin with that organization. Officials estimated that the negotiating period would last about a month before an irrevocable and binding offer is finalized.

Avanti evoVincenzo nicastroPiaggio aerospaceMinistry for economic developmentItalian ministry for economic developmentItalian ministryEconomic developmentAviation newsஅவந்தி எவோவின்சென்சோ நிகாஸ்ட்ரோபியக்கிஓ விண்வெளிஅமைச்சகம் க்கு பொருளாதார வளர்ச்சிஇத்தாலிய அமைச்சகம் க்கு பொருளாதார வளர்ச்சிஇத்தாலிய அமைச்சகம்பொருளாதார வளர்ச்சிவிமான போக்குவரத்து செய்தி