Wed, Jan 12, 2011
Piper Cites 'Differences In Business Philosophies' With Czech
Sport Aircraft
Piper Aircraft Inc. said in a news release Wednesday it plans to
terminate its business relationship with Czech Republic-based Czech
Sport Aircraft to market that company’s Light Sport Aircraft,
citing differences in business philosophies.
“After a year working with Czech Sport Aircraft, Piper
determined that it is in our company’s best long-term
interests to discontinue the business relationship which
distributed a Light Sport Aircraft manufactured by the Czech
company and distributed under Piper’s brand by a separate
distributor network,” said Piper CEO Geoffrey Berger.
“Clearly, the company has a different business perspective
and approach to the market than Czech Sport Aircraft,” he
added.
Piper had created a stand-alone distributor network specifically
to market the aircraft manufactured and supported by Czech Sport
Aircraft and branded as the PiperSport. As the company built that
distributor network, it became clear that Piper’s core
strengths and that of Czech Sport Aircraft were mismatched.
“We at Piper have a close affinity with this emerging
segment of the marketplace and we have great expectations for the
LSA industry. The LSA we were distributing is a good one and we
encourage aviation enthusiasts to continue their support of this
segment of the market,” Berger added.
“We certainly understand the implications of this
development in the Light Sport Aircraft segment and do not take
this action carelessly,” he said. Piper’s core
philosophy is to execute leading aircraft programs where the
company offers the most value to customers. An example of this is
Piper’s sustaining commitment to the PiperJet Altaire
business jet program and the improvements the company is making to
the global dealer and support infrastructure.
“As we have reiterated, Piper is committed to the
company’s line of efficient and reliable personal, training
and business aircraft. We also continue to support and strengthen
an extraordinary global network of Piper dealers and agents
dedicated to marketing and supporting these great Piper aircraft
for the long-term,” he said.
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