CHRISTMAS OFFER Subscribe to Pilot Magazine today CLICK HERE

Piper Aircraft announces 2017 growth

PUBLISHED: 11:35 14 February 2018 | UPDATED: 11:35 14 February 2018

N600EU Piper PA-46-600TP M600 @ Booker 03/06/2017 (c) Mike Burdett, Flickr (CC BY 2.0)

N600EU Piper PA-46-600TP M600 @ Booker 03/06/2017 (c) Mike Burdett, Flickr (CC BY 2.0)

Archant

Piper Aircraft, Inc. has announced a 23% increase in aircraft deliveries for 2017 as well as a 27% increase in total billings

Piper Aircraft, Inc. has announced a 23% increase in aircraft deliveries for 2017 as well as a 27% increase in total billings.

The substantial growth was driven by a 50% YOY increase of Piper single engine primary trainer aircraft deliveries as well as a 70% increase in deliveries of multiengine trainers.

Additionally, sales of Piper’s flagship product, the M600, expanded by 59% which helped drive Piper total billings up by nearly $41M vs 2016.

International deliveries of Piper products showed moderate growth of 5%, resulting in 25% of Piper products being shipped to countries outside of North America.

In addition to Piper’s promising sales figures, the company celebrated 80 years of manufacturing excellence during 2017 as well as the completion of 6 new amended type certificates.

The continued rise in demand for Piper trainers has resulted in order backlog into 2019 as well as a 25% increase in workforce.

Piper President and CEO Simon Caldecott said: “As we look towards 2018, we are excited about the growth in demand for aircraft trainers and the resulting contracts that we have been awarded, which has helped create a backlog of orders.

“Additionally working with our full-service Dealers, we look to continue to grow M-class demand and sales,” he added.

More from News

Friday, November 9, 2018

“This is the first serial-hybrid electric plane in the world with two electrically powered free-stream propellers and one combustion engine.”

Read more
Friday, November 9, 2018

Organisers have released an exciting line-up of pilots who will compete for the Air Race 1 China Cup title at Hannan Municipal Airport in Wuhan City, China

Read more
Friday, November 9, 2018

“Oriens Aviation offers an extensive maintenance facility at Biggin Hill, so its smart hangar was the perfect backdrop to showcase our amazing, one month-old Super Versatile Jet in the UK.”

Read more
Friday, October 26, 2018

Celebrated US air racing pilot Darryl Greenamyer died on 1 October at the age of 82

Read more
Friday, October 26, 2018

At October’s National Business Aviation Association Convention in Orlando Aerion Corporation predicted that its AS2 supersonic business jet will fly in 2023 and make its first transatlantic flight on 24 October that year on the 20th anniversary of the last commercial flight by Concorde

Read more
Friday, October 26, 2018

Re-live all the action from 2018’s Old Buckenham Airshow with this action-packed DVD featuring over an hour of exclusive footage

Read more
Friday, October 19, 2018

Key sub-systems have now successfully passed their preliminary design review, paving the way to the manufacturing of key components

Read more
Friday, October 19, 2018

Piper’s performance in this quarter and year to date is up by 54% compared to the same period in 2017

Read more
Thursday, October 18, 2018

The All Party Parliamentary Group for General Aviation (APPG-GA) has written to the Secretary of State for Transport urging him to reconsider the safeguarding obligations invested in the Civil Aviation Authority (CAA) in order to improve protection for the UK’s vital network of airfields

Read more
Tuesday, October 16, 2018

On 15th October, the European Aviation Safety Agency (EASA) opened a public consultation on its proposal of airworthiness standards which will enable the certification of small vertical take-off and landing (VTOL) aircraft

Read more

Newsletter Sign Up

Pilot weekly newsletter
Sign up to receive our regular email newsletter

Our Privacy Policy

Most Read


Subscribe or buy Pilot Magazine