Standing in front of one of his company’s most coveted products, a curvaceous 1100cc Moto Guzzi Grizo, Piaggio chairperson Roberto Colaninno admits he has never actually ridden one. ”I’m too scared; I’d kill myself in five minutes,” he laughs.
Colaninno took control of Piaggio in 2003 and has since transformed it from an ailing icon into a profitable company.
A tip-off from Virgin Atlantic led to the price-fixing inquiry into British Airways (BA), it has emerged, marking a return to the hostile relations that existed between the two airlines during the ”dirty tricks” campaign of the 1990s. BA was plunged into crisis after it said that the United Kingdom’s Office of Fair Trading and the Justice Department in the United States are conducting a joint investigation into allegations of price-fixing.