VERO BEACH, Fla., Dec. 20, 2017 — Piper Aircraft Inc. achieved double-digit growth in new aircraft revenue and deliveries for 2017 as demand for trainer aircraft and M-class products continued to expand. The increase in demand for Piper products and resulting increase in production volume has driven the company headcount to over 900 employees located at the Piper world headquarters in Vero Beach, Florida. During the past 18 months, Piper Aircraft has hired over 300 employees, representing more than a 20% increase in employees.
“With aircraft orders in place for 2018 and several long term contracts for trainer aircraft, the near term forecast is stable. Additionally, our commitment to a level-loaded, build to order business model further enhances stability and creates consistent work load for the team,” said President and CEO Simon Caldecott. “We are driven to continuously improve our products in support of our customers and their needs which helps create demand and results in the need for a strong and committed workforce,” he added.
About Piper Aircraft
Piper Aircraft Inc., headquartered in Vero Beach, Fla., offers aviators throughout the world efficient and reliable single- and twin-engine aircraft. The single-engine M-Class series – the M600, M500, and M350 – offers businesses and individuals elegant performance and value. The Twin Class Seneca and Seminole balance proven performance, efficiency, and simplicity in twin-engine aircraft. The Trainer Class Archer TX, Archer DX, Arrow, Seminole, and Seneca aircraft form the most complete technically-advanced line of pilot training aircraft in the world. Unparalleled service and support is offered through a network of 38 dealers and nearly 100 service centers worldwide. Piper is a member of the General Aviation Manufacturers Association.
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Piper Aircraft
For further information, contact:
Jackie Carlon
Phone: (772) 299-2900
Fax: (772) 978-6585
Jackie.Carlon@piper.com
piper.com
