Piper Aircraft, Inc. has announced a 48% increase in\naircraft deliveries for 2018 as well as a 38% increase in total aircraft\nbillings.<\/p>\n\n\n\n
Piper’s segment leading growth was distributed across both\nprimary product lines, Trainer and M-Class aircraft. Global Piper trainer\ndemand increased more than 50% YOY. Sales of the robust single engine Archer\ngrew by nearly 50% YOY, while twin-engine Seminole deliveries rose 117%.\nAdditionally, sales of Piper’s M-Class products, which include the M350, M500\nand the M600, expanded by 36%, driving Piper’s total 2018 aircraft billings to\n$263M, up by more than $71M vs 2017. International deliveries of Piper products\nshowed growth of 12%, with an increase in M-Class deliveries to Brazil being a\nprimary factor. <\/p>\n\n\n\n
In addition to Piper’s sales success, during 2018 Piper\nAircraft announced the certification of G1000 NXi in the Seneca, M350 and\nM500s, the appointment of three new Piper dealers and the largest trainer order\nin company history. The continued rise in demand for Piper trainers drove order\nbacklog to nearly 700 aircraft entering 2019 and had a positive Vero Beach\ncommunity impact with a 14% employment increase to 1,000 plus total. <\/p>\n\n\n\n
“2018 was an exceptional year for Piper Aircraft as we\ncontinued to deliver a measurable impact for customers, and our employees.\nTogether with our world-class Dealer Partners the results reflect our\nunrelenting commitment to serving customers with quality and distinction,”\nsaid Simon Caldecott, President and Chief Executive Officer at Piper Aircraft.\n“Over the past year, we have increased strategic investments in our\nfacilities and products to better position Piper Aircraft to support the\ngrowing but stable demand for our diverse product lines. We also have expanded\nour efforts and investments to drive innovation while achieving strong\nfinancial results.”<\/p>\n","protected":false},"excerpt":{"rendered":"
Piper Aircraft, Inc. has announced a 48% increase in aircraft deliveries for 2018 as well as a 38% increase in total aircraft billings. 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 […]<\/p>\n","protected":false},"author":3,"featured_media":12133,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[30],"tags":[],"class_list":["post-12132","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-florida"],"jetpack_featured_media_url":"https:\/\/stateaviationjournal.com\/wp-content\/uploads\/M500-1.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/12132","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/comments?post=12132"}],"version-history":[{"count":1,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/12132\/revisions"}],"predecessor-version":[{"id":12134,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/12132\/revisions\/12134"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/media\/12133"}],"wp:attachment":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/media?parent=12132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/categories?post=12132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/tags?post=12132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}