Aeronautical production begins. The social function which Rinaldo Piaggio wants for his firm soon becomes clear: to contribute to national employment growth and to the direction of national economic development. In 1920 the company is restructured with Attilio Odero becoming company President and Rinaldo Piaggio Managing Director. Firmly convinced about pursuing the aeronautical strategy, Rinaldo Piaggio takes on engineers Giovanni Pegna and Giuseppe Gabrielli and assigns them the task of producing a first prototype of the aircraft “Rondine” (Swallow).