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Piper Aircraft Delivers 1st Chinese Matrix To Hanxing General Aviation Co., Ltd.

Zhuhai, China - November 14, 2014

Zhuhai, China – Nov. 14, 2014 – Piper Aircraft delivered its first M-Class Piper Matrix in China to Hanxing General Aviation Co., Ltd., one of Piper’s dealers in China. The transaction was consummated prior to Airshow China 2014 so that Hanxing and Piper could display the airplane at the show being held there.

This is Piper’s first aircraft sold into China since the company recently received a Validation of Type Certificate issued by the Civil Aviation Administration of China (CAAC) for Piper’s top-of-the-line M-Class single-engine aircraft. The Piper M-Class series consists of the unpressurized piston-powered Piper Matrix, the pressurized piston-powered Piper Mirage and the turboprop Piper Meridian.

“Hanxing is very confident it will sell this Piper Matrix to a Chinese customer; the airplane meets the criteria related to performance and economics as demanded by customers,” said Piper President and CEO Simon Caldecott. “Piper and Hanxing are benefiting from considerable positive attention at Airshow China, as China continues to develop its General Aviation infrastructure and provide easier airway access.”

Piper Aircraft representatives in China for the Piper M-Class are Hanxing General Aviation Co., Ltd. and Piper Summit Aircraft China, Ltd. Hanxing General Aviation Co. in Zhuhai has exclusive sales rights for the Piper Matrix and Piper Summit in Beijing has exclusive sales rights for the Piper Meridian.

About Piper M-Class Aircraft
M-Class aircraft offer Piper performance and safety in a proven airframe that has been an industry standard for years. Three refined derivatives comprise the full line: the Meridian, the Mirage and the Matrix. Each product fits its own niche and price point, and each aircraft provides a seamless step-up to the next level. Created to maximize the private travel experience, the M-Class line balances performance, efficiency and simplicity.

About the Piper Matrix
The Piper Matrix is a single-engine unpressurized piston that seats six with club seating. It is powered by the Lycoming TIO-540-AE2A 350hp engine and has a 213 ktas / 395 km/h max cruise speed and a range of 1,343 nm / 2,487 km. Equipped with the Garmin G1000 avionics suite, the Matrix starts at $939,950 USD.

About Piper Aircraft
Piper Aircraft, Inc., headquartered in Vero Beach, Fla., offers aviators throughout the world efficient and reliable single-engine and twin-engine aircraft. The single-engine M-Class series–the Meridian, Mirage and Matrix– offers businesses and individuals elegant performance and value. The Twin Class Seneca V and Seminole balance proven performance, efficiency and simplicity in twin-engine aircraft. The Trainer Class Archer TX, Archer DX, Arrow, Seminole and Seneca V aircraft form the most complete technically-advanced line of pilot training aircraft in the world. All Piper airplanes feature advanced Garmin avionics in the cockpit. Piper is a member of the General Aviation Manufacturers Association.

 

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Piper Aircraft, Inc.
For further information, contact:
Jackie Carlon
Phone: (772) 299-2900
Fax: (772) 978-6585
Mail to: Jackie.Carlon@piper.com
piper.com