Troubles and All, Pipistrel To Be Acquired by Textron | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.20.24

Airborne-Unlimited-05.28.24

Airborne-Unlimited-05.22.24 Airborne-FlightTraining-05.23.24

Airborne-Unlimited-05.24.24

Fri, Mar 18, 2022

Troubles and All, Pipistrel To Be Acquired by Textron

Will Join A New Sustainable Segment: Textron eAviation

Textron appears to be ready to collect another trophy for its collection of brands, this time buying up lightweight electric aircraft manufacturer Pipistrel. 

The acquisition may see the same benefits given to other brands under the Textron banner, granting access to "greater resources, technical, and regulatory expertise," according to the company. The deal will also unlock a "global aircraft sales and support network, enabling it to accelerate its development and certification of electric and hybrid aircraft.

Maybe.

Not discussed, though, is the state of resolution (or lack thereof) concerning complaints and in-process litigation lodged against Pipistrel by former North American Distributor, Michael Coates, who claims hundreds of thousands of dollars (over $600K, at last count) owed to him by Ivo Boscarol and Pipistrel. Additionally; a number of complaints have been made and/or published about the Slovenian company by owners, dealers, and former dealers. There are also a number of ponderous issues being brought up as to the conduct of the personnel and company that ultimately was appointed to take Coates's place, Right Rudder Aviation -- who has refused to discuss the matter, officially, due to the legal issues surrounding the situation.

The buy was supposed to accelerate Textron's sustainable aero tech capabilities and positions Pipistrel to further hone its brand as the green, ecologically-friendly subsidiary under a new segment, Textron eAviation. “Pipistrel puts Textron in a uniquely strong position to develop technologies for the sustainable aviation market and develop a variety of new aircraft to meet a wide range of customer missions,” said Textron Chairman and CEO Scott Donnelly. He said that the acquisition will help to build a strong base of sustainability across the company as expected boom in urban air mobility comes closer to fruition every day.

“Today’s announcement supports Textron’s long-term strategy to offer a family of sustainable aircraft for urban air mobility, general aviation, cargo and special mission roles.”

“Pipistrel has been celebrated as one of the world’s most important and successful manufacturers of electric aircraft,” continued Donnelly. “Textron is committed to maintaining Pipistrel’s brand, headquarters, research and development, and manufacturing in Slovenia and Italy, while making additional investments in Pipistrel for the development and production of future products.”

Pipistrel founder and CEO Ivo Boscarol will become chairman emeritus and move to a position of consultant for future Pipistrel releases for the next 2 years as the company eases into its new leadership. 

The rarely bashful Boscarol boasted that, "Under my 30-year leadership, Pipistrel’s team has achieved a unique prime position in personal, affordable, environmentally friendly and electric aviation. The trend and foundation for future projects has clearly been set.”

More info to follow...

FMI: www.textron.com, www.pipistrel-aircraft.com

Advertisement

More News

Aero-News: Quote of the Day (05.25.24)

“Warbirds in Review features veterans, aviation legends, and aircraft that simply cannot be seen together in one place anywhere else in the world. Many of these veterans main>[...]

Airborne 05.22.24: NS-25 Chute Failure, #HonorTheWASP, SkyCourier 'Combi'

Also: VAI v Anti-Heli Actions, Electric Aircraft Symposium, 2024 FAA Drone/AAM Symposium, Gravitymaster Blue Origin's seventh passenger flight ended with a smidgeon of drama when o>[...]

Aero-News: Quote of the Day (05.26.24)

“The importance of this YF-16 paint scheme is celebrating 50 years of the F-16 Viper. Everyone at Edwards has a big sense of pride for not only supporting the Viper Demo Team>[...]

ANN's Daily Aero-Linx (05.26.24)

Aero Linx: National Aeronca Association We are dedicated to supporting the design and preserving the history of Aeronca aircraft. Founded by Jim Thompson and fostered by his leader>[...]

Klyde Morris (05.24.24)

Klyde Sounds Like He's Defining An 'Influencer' FMI: www.klydemorris.com>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC