![Ariane 5 launch in 2017](/sites/avio.com/files/styles/article_preview/public/2019-10/Ariane-5_0.jpg?itok=Tn2tmpmu)
Intelsat 39 and EDRS-C satellites orbited.
![Avio space background](/sites/avio.com/files/styles/article_preview/public/2019-10/avio-placeholder_0.png?itok=tkuvNHuZ)
The Board of Directors decided to assign the mandate to start the share buyback program to an independent financial intermediary, in agreement with the decision taken by the shareholders’ meeting held on the 29 of April 2019.
![Avio space background](/sites/avio.com/files/styles/article_preview/public/2019-10/avio-placeholder_0.png?itok=tkuvNHuZ)
Approximately two minutes after the Vega launcher’s liftoff, shortly after ignition of the second stage (Zefiro 23), a launcher anomaly occurred – leading to the premature end of the mission.
![ranzo_vv15](/sites/avio.com/files/styles/article_preview/public/2020-01/Ranzo_VV15.jpg?itok=XuyDTuEc)
Giulio Ranzo, CEO of Avio, about the outcome of the Vega flight VV15.
![Q1 2019 highlights](/sites/avio.com/files/styles/article_preview/public/2019-10/Q1_2019_HIGHLIGHTS-2.jpg?itok=ZdrrIOb6)
Growth of revenues, EBITDA and EBIT stable financial position
![Vega launcher](/sites/avio.com/files/styles/article_preview/public/2019-10/vega-launcher_0.jpg?itok=oD2tLqXV)
Colleferro, 22 Marzo 2019 – Italy is behind tonight’s 14th successful VEGA space launcher mission, built by Avio.