New Financing Allows Piaggio To Return To Operations Piaggio Aerospace is back in the news again but this time with more positive news. 35.7 million dollars (30 million Euros) in new financing. This allows the company to resume some work and keep the search on for a new buyer for the business. You might remember Piaggio Aerospace went into extraordinary receivership in 2018 and ever-since then it has been looking for suitable buyers to purchase the company. An extraordinary commissioner - Vincenzo Nicastro- was appointed to oversee the affairs of the process.