Paolo Graziano, CEO of Magnaghi Aeronautica (MA Group): environmental action is a duty, not a choice
According to a recent report published by Reportlinker, the sustainable aviation fuel market is projected to grow from USD 4.2 billion in 2021 to USD 5.6 billion by 2026.
Author:Camilo WoodReviewer:Emmanuella SheaMay 16, 202223.8K Shares744.3K Views
According to a recent report published by Reportlinker, the sustainable aviation fuel market is projected to grow from USD 4.2 billion in 2021 to USD 5.6 billion by 2026. North America is expected to grow at the highest CAGR while offering supportive policies and initiatives to decarbonize aviation emissions. It is in a context like this that the Italian excellence of Magnaghi Aeronautica (MA Group) stands out as an early adopter of "green" strategies.
In a market dominated by multinational enterprises, Magnaghi Aeronauticais an Italian company that stands out for its quality in the design, certification, production and subsequent marketing of landing gear systems, equipment, hydraulic, and electronic systems for aerospace use. According to Paolo Graziano, CEO and president of the company, it is the resourcefulness typical of Italians, the technical skills and technological research that allows MA Group to compete with enormously larger American or Chinese companies.
More than making a difference in the aerospace industry, Magnaghi Aeronautica (MA Group) is also constantly working to follow the environmental agenda. For Graziano, this is no longer a choice, but a duty that every company should have. “Committing to safeguarding the planet means respecting future generations by giving them a healthy ecosystem,” claims the CEO, adding that the MA Group Landing Green project was created exactly for that.
The MA Group Landing Green project includes a series of initiatives aimed at improving not only recycling processes, reuse and energy saving, but also making the concept of sustainability fit the company’s modus operandi on its own. “It is also in the field of research and development that we try to find innovative solutions and technologies that are as ‘green’ as possible”, adds Graziano by mentioning how these solutions are being applied to trolleys. “We will probably also produce trolleys for fully electric aircraft, therefore totally sustainable and technologically advanced.” In 2022, the MA Group is doing something new: they are adding sustainability to their balance sheet. After all, as stressed by Graziano, these actions and projects that are being implemented deserve special attention and the company is happy to share the news with their employees and customers. “It is the ability to adapt, to find quick solutions, to respond quickly to customer requests that allows us to be competitive,” concludes the CEO.
More recently, Magnaghi Aeronautica has received an award recognition as Top Employer 2022 in Italy, which shows that the company is also paying close attention to the wellbeing of its employees. “Technology without the competence of the technicians to supervise it is useless. We not only have engineering technologies and processes that represent the state of the art in our sector, but also highly qualified technicians, whom I know perfectly well and who have my absolute trust,” tells Graziano.
What is more, the Neapolitan company has signed an agreement with Lockheed Martin Sikorsky-Boeing to provide fully integrated landing gear systems for the DEFIANT X® helicopter, consisting of the nose and main landing gear, tail bumper assembly, extension/retraction system along with wheels and brakes. As stated by Graziano, this agreement marks a significant evolution in MA’s Group global landing gear solutions, as it is granted access to advanced developments in the U.S. defense market. Magnaghi is the core of MA Group, synonymous with excellence in the aeronautical sector. From its creation, in 1936, to today, the company has conquered the international market, becoming partners with some of the most important aircraft manufacturers in the world. With offices in Italy, United States and Brazil, MA Group’s revenue has increased from €19m to €91m in the past 20 years.
Camilo Wood
Author
Camilo Wood has over two decades of experience as a writer and journalist, specializing in finance and economics. With a degree in Economics and a background in financial research and analysis, Camilo brings a wealth of knowledge and expertise to his writing.
Throughout his career, Camilo has contributed to numerous publications, covering a wide range of topics such as global economic trends, investment strategies, and market analysis. His articles are recognized for their insightful analysis and clear explanations, making complex financial concepts accessible to readers.
Camilo's experience includes working in roles related to financial reporting, analysis, and commentary, allowing him to provide readers with accurate and trustworthy information. His dedication to journalistic integrity and commitment to delivering high-quality content make him a trusted voice in the fields of finance and journalism.
Emmanuella Shea
Reviewer
Emmanuella Shea is a distinguished finance and economics expert with over a decade of experience. She holds a Master's degree in Finance and Economics from Harvard University, specializing in financial analysis, investment management, and economic forecasting.
Her authoritative insights and trustworthy advice have made her a highly sought-after advisor in the business world.
Outside of her professional life, she enjoys exploring diverse cuisines, reading non-fiction literature, and embarking on invigorating hikes.
Her passion for insightful analysis and reliable guidance is matched by her dedication to continuous learning and personal growth.
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