Italian Investment Fund makes strategic investment in Tecnam Srl
Tecnam is the leading Italian company and a major world player in the design, development and production of single and twin-engine aircraft, for ultralight, microlight, Light Sport and Certified General Aviation markets.
The origins of the company date back to 1948 when Prof. Luigi Pascale and his brother Giovanni designed and manufactured their first plane and continued with the creation of Tecnam in 1986. To date Tecnam has delivered more than 3,500 aircraft to over 50 countries worldwide through a comprehensive sales and service network with about 90% of all sales being exported. Tecnam operates within a special aeronautical zone of excellence in the Naples area of Italy.
Over the years, Tecnam has grown steadily but substantially, so the introduction of additional capital from the Italian Fund will help Tecnam consolidate its leadership in the area of light aircraft and general aviation as well as help fund the new Twin Engine P2012 Traveller 11 seat that will take Tecnam into the passenger and cargo transportation markets.
"We are very pleased”, said Paolo Pascale, CEO of Tecnam, “with this investment by the Italian Fund in the company, and to have such a highly qualified partner to work with us in the important process of growth planned for the coming years. This will allow Tecnam to further increase its competitiveness in the international market, and help demonstrate Italian excellence in a high technology area."
For more information, please visit www.tecnam.com or contact your local dealer or Walter Da Costa, Tecnam Sales and Marketing, tel 34 616 481143, email@example.com
About TECNAM “Quality Aircraft since 1948”
TECNAM traces its roots back to the activities of the Italian brothers Luigi and Giovanni Pascale, who developed and produced innovative aircraft soon after the end of WWII (1948) and have continued ever since to create original models that gained worldwide recognition under the name Partenavia. Established in March 1986, Costruzioni Aeronautiche TECNAM now operates in two production facilities. The Casoria facility is located adjacent to Naples Capodichino Airport. The Capua facility is located adjacent to the “Oreste Salmone” Airport.
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