50 SKY SHADES - World aviation news

Deliveries Increase by Nearly 50% - Highest Level in Ten Years for Piper Aircraft

Download: Printable PDF Date: 25 Feb 2019 07:53 categories:
Publisher:
Deliveries Increase by Nearly 50% - Highest Level in Ten Years for Piper Aircraft - Manufacturer publisher
Tatjana Obrazcova
Aircraft: Airplanes

An increase of 48%  in aircraft deliveries for 2018 as well as a 38% increase in total aircraft billings was announced by Piper Aicraft.

Piper's segment leading growth was distributed across both primary product lines, Trainer and M-Class aircraft. Global Piper trainer demand increased more than 50% YOY. Sales of the robust single engine Archer grew by nearly 50% YOY, while twin-engine Seminole deliveries rose 117%. Additionally, sales of Piper's M-Class products, which include the M350, M500 and the M600, expanded by 36%, driving Piper's total 2018 aircraft billings to $263M, up by more than $71M vs 2017. International deliveries of Piper products showed growth of 12%, with an increase in M-Class deliveries to Brazil being a primary factor. 

In addition to Piper's sales success, during 2018 Piper Aircraft announced the certification of G1000 NXi in the Seneca, M350 and M500s, the appointment of three new Piper dealers and the largest trainer order in company history. The continued rise in demand for Piper trainers drove order backlog to nearly 700 aircraft entering 2019 and had a positive Vero Beach community impact with a 14% employment increase to 1,000 plus total. 

"2018 was an exceptional year for Piper Aircraft as we continued to deliver a measurable impact for customers, and our employees. Together with our world-class Dealer Partners the results reflect our unrelenting commitment to serving customers with quality and distinction," said Simon Caldecott, President and Chief Executive Officer at Piper Aircraft. "Over the past year, we have increased strategic investments in our facilities and products to better position Piper Aircraft to support the growing but stable demand for our diverse product lines. We also have expanded our efforts and investments to drive innovation while achieving strong financial results."

Image result for piper M600



Loading comments for Deliveries Increase by Nearly 50% - Highest Level in Ten Years for Piper Aircraft...


Recommended

Full slate of Gulfstream customer-centric support events 2020

Gulfstream Aerospace Customer Support organization will host a comprehensive schedule of customer-focused events in 2020, including its biennial Operators & Suppliers Conference, two Customer...

A climate-neutral aviation future - Lufthansa bolsters sustainability efforts

Lufthansa Group has reinforced its commitment to sustainability by stepping up its efforts aimed at making the future of aviation climate-neutral. The Group has been investing in climate-friendly plan...

Special Davos event support by Dassault Aviation

Dassault Aviation elite team of service specialists, equipment and rapid response aircraft will be positionned at airports near Davos the week of January 20th.  Dassault Aviation makes globa...

Liebherr Aerospace Brasil partners PTI Technologies

Liebherr Aerospace Brasil entered a new partnership with PTI Technologies and signed a contract to become the supplier of hydraulic manifolds for Embraer’s latest aircraft. Liebhe...