The Magni Vale PM-3-4 was an Italian civil monoplane for use as a tourer or aerobatic trainer designed and built by Piero Magni-Aviazione in Milan.
The Vale was a sleek single-seat parasol wing braced monoplane powered by a Farina T.58 radial engine. An improved variant, the Supervale PM-4-1 had a Fiat A.54 engine. The start of the second world war halted design and development by the company.
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