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 -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.29.24

Airborne-NextGen-04.30.24

Airborne-Unlimited-05.01.24 Airborne-AffordableFlyers--05.02.24

Airborne-Unlimited-05.03.24

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

ANN's Daily Aero-Term (05.01.24): Say Altitude

Say Altitude Used by ATC to ascertain an aircraft's specific altitude/flight level. When the aircraft is climbing or descending, the pilot should state the indicated altitude round>[...]

ANN's Daily Aero-Linx (05.01.24)

Aero Linx: European Air Law Association (EALA) EALA was established in 1988 with the aim to promote the study of European air law and to provide an open forum for those with an int>[...]

Classic Aero-TV: Korean War Hero Twice Reborn

From 2023 (YouTube Version): The Life, Death, Life, Death, and Life of a Glorious Warbird In 1981, business-owner Jim Tobul and his father purchased a Chance-Vought F4U Corsair. Mo>[...]

Airborne 04.29.24: EAA B-25 Rides, Textron 2024, G700 Deliveries

Also: USCG Retires MH-65 Dolphins, Irish Aviation Authority, NATCA Warns FAA, Diamond DA42 AD This summer, history enthusiasts will have a unique opportunity to experience World Wa>[...]

Airborne Affordable Flyers 05.02.24: Bobby Bailey, SPRG Report Cards, Skydive!

Also: WACO Kitchen Bails, French SportPlane Mfr to FL, Dynon-Advance Flight Systems, Innovation Preview Bobby Bailey, a bit of a fixture in sport aviation circles for his work with>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC