Societa Idrovolanti Alta Italia
Siai-Marchetti Societa Per Azioni
The former Savoia-Marchetti company (Societa Idrovolanti Alta Italia), the history of which it shares. Since 1946 engaged in overhaul and repair work and developed new aircraft. Types have included SA.202 Bravo trainer produced jointly with FFA in Switzerland; S.205 four-seater and S.208 development. First flew SF.250 aerobatic trainer in July 1964; became highly successful SF.260 production aircraft for civil and military use (initials in SF.260 denoted design by Stelio Frati). In 1968 company formed a Vertical Flight Division, but increasing helicopter work became associated with Agusta and Eli— cotteri Meridionale. SM.1019 light multipurpose high-wing monoplane followed 1969, SF.600 Canguro transport 1979 (recently taken over by VulcanAir), and S211 jet trainer and light attack aircraft 1981.
Agusta, which had acquired 30% of SIAI-Marchetti in 1970, had increased its stake to about 60% by 1973 and reached complete ownership in 1983.
Company taken over by Aermacchi January 1997.