However, during the Depression, in which the fascist government of Benito Mussolini concentrated on "standard" production items, the company collapsed in 1932, and D'Ascanio went to work for Enrico Piaggio at his fathers company, designing numerous successful high-speed adjustable pitch propellors for Piaggio Aero.
It currently manufactures parts and performs maintenance, repair and overhaul operations on jet, turbo shaft and turboprop engines under license from Rolls-Royce and Honeywell; it also holds Long Term Agreements from other Original Equipment Manufacturers, including Pratt & Whitney, Pratt & Whitney Canada and Micro turbo, whose engines power civil and military aircraft and helicopters.
Aero L-159 Alca | Aero L-39 Albatros | Piaggio | Aero Spacelines | Royal Aero Club | Aero Commander | Aero L-59 Super Albatros | Aero L-29 Delfín | Aero L-29 Delfin | Aero Composites | Teramo Piaggio | Piaggio P.166 | Piaggio Aero | Aero Vodochody | Aero Spacelines Mini Guppy | Aero Lloyd | Aero Composite Technologies | Aero Commander (aircraft) | aero | Waikato Aero Club | SSC Aero | Societe Dyn'Aéro | Polish Aero Club | Piaggio P.23R | Piaggio Ape | Paulhan-Tatin Aéro-Torpille No.1 | List of pilots awarded an Aviator's Certificate by the Royal Aero Club in 1912 | Lawrance Aero Engine Company | Korean Bodega ''(Aero Mexicano Mix)'' | Dyn'Aéro |
Seeking to avoid the aerodynamic drag induced by floats in seaplanes of floatplane design, Ing Giovanni Pegna of the Piaggio company designed a very unusual seaplane to represent Italy in the 1929 Schneider Trophy race.