Piper Aircraft Continues Growth In Deliveries, Revenue | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Airborne Unlimited-
Monday

Airborne-Unmanned w/AUVSI-
Tuesday

Airborne Unlimited-
Wednesday

AMA Drone Report-
Thursday

Airborne Unlimited-
Friday

Airborne On ANN

Airborne 04.16.18

Airborne-UnManned 04.17.18

Airborne 04.18.18

AMA Drone Report 04.19.18

Airborne 04.20.18

Airborne-YouTube

Airborne 04.16.18

Airborne-UnManned 04.17.18

Airborne 04.18.18

AMA Drone Report 04.19.18

Airborne 04.20.18

Wed, May 02, 2012

Piper Aircraft Continues Growth In Deliveries, Revenue

Positive Trend Follows Pattern Set The Previous Two Years

Piper Aircraft Inc. grew its new aircraft deliveries and sales revenue during the first quarter of 2012, ended March 31. First quarter 2012 performance continued a positive trend set in the first quarters of 2010 and 2011 when Piper significantly increased new aircraft market share in a declining overall market.

Airplane deliveries increased more than 40 percent to 37 aircraft in the first quarter of 2012, from 26 airplanes during the first quarter of 2011. New aircraft sales revenue grew more than 20 percent to $31,578,203, when compared to sales of $26,159,703 during the same period the previous year. "Piper's performance in the first quarter of 2012 gives us a good start on the year. It also continues an upward trend in first quarter results for the past three years," said Piper President and CEO Simon Caldecott (pictured).
 
"In the first quarter of 2012 Piper's international aircraft deliveries continued to outpace those in the United States and that, again, reinforces the success of our strong globalization strategy," he said. "Thus far this year in Europe, for example, our delivery and order-taking performance for M-Class business airplanes and also our smaller aircraft is far outstripping our sales projections for that part of the world, and we are pleased with that."
 
During the quarter just ended, Piper delivered 21 airplanes internationally and 16 within the United States. Six of the 37 total deliveries were for the company's flagship Piper Meridian single-engine M-Class turboprop, while the company delivered 12 Piper Mirages, the popular single-engine pressurized piston-powered M-Class business aircraft.

FMI: www.piper.com

Advertisement

More News

AMA Drone Report 04.12.18: AMA Counters CDA, Night FPV, Google Drone Issues

Also: Drone Assists SAR, Strategic UAV Partnership, Russian Mail Drone Crash, Gold Coast Commonwealth Games As noted in the last AMA Drone Report, the Commercial Drone Alliance has>[...]

Airborne 04.18.18: FAA Reauthorization, New Bose, Std. Libelle 201 BE

Also: USAF Changes ARFF Standards, Aims Community College, Trent 1000 Package C Update, Global 7000 Extends The House Transportation and Infrastructure Committee has introduced a b>[...]

Airborne-Unmanned 04.17.18: XPO 2018, Drone Broadcasts, Airbus Inspection Drone

Also: NZ AFB Drone Incident, Police UAVs, Inaugural Drone Boot Camp, Predator 5M Flight Hours This is it! THE major unmanned exposition of the year -- AUVSI XPONENTIAL 2018 starts >[...]

AMA Drone Report 04.19.18: AMA Leadership, FAA Reauthorization, Coachella

Also: New French Regs, Drone Boot Camp, Public Safety Drone Standards, DroneShield Protects NASCAR It’s a little bit sad and yet a bit cool to see AMA make an exciting change>[...]

AMA Drone Report 04.19.18: AMA Leadership, FAA Reauthorization, Coachella

Also: New French Regs, Drone Boot Camp, Public Safety Drone Standards, DroneShield Protects NASCAR It’s a little bit sad and yet a bit cool to see AMA make an exciting change>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2018 Web Development & Design by Pauli Systems, LC