Piper Shows Gains In Revenue, Deliveries In 2012 | 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

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne-Unmanned w/AUVSI

Airborne On ANN

AMA 05.18.17

Airborne
05.22.17

Airborne
05.23.17

Airborne
05.17.17

Airborne
05.18.17

Airborne
05.19.17

Airborne-Unmanned 05.16.17

Airborne-YouTube

AMA 05.18.17

Airborne
05.22.17

Airborne
05.23.17

Airborne
05.17.17

Airborne
05.18.17

Airborne
05.19.17

Airborne-Unmanned 05.16.17

XPONENTIAL Innovation Preview -- www.allthingsunmanned.com

Tue, Feb 12, 2013

Piper Shows Gains In Revenue, Deliveries In 2012

Up 13 Percent Over 2011

Piper Aircraft Inc. ended 2012 with increased annual revenue from new aircraft sales of $148,968,967, up more than 13 percent from $131,263,539 in 2011. The revenue increase was a result of a 16 percent rise in new Piper deliveries to 158 aircraft in 2012 from 136 the previous year.

"We stabilized the manufacturing and delivery of new aircraft throughout the year as our initiative to level-load factory production continued to meet with success. At the same time, our overall aircraft deliveries rose faster than the rest of the industry," said Piper President and CEO Simon Caldecott (pictured). "The company also met internal financial forecasts and continued working long-range product plans for the future."
 
Deliveries of 2012 M-Class aircraft featured enhanced cabin-class features for ease of access, brighter lighting, improved sound and electrical service, and better air distribution. Strengthening its commitment to pilot training, Piper delivered 10 Piper Seminole training aircraft to Airline Transport Professionals and completed delivery of a number of Piper Warrior training aircraft to Sekolah Tinggi Penerbangan Indonesia, the government flight school at Budiarto Airport in Curug, Indonesia.
 
While increasing production in 2012, Piper also continued to expand its global dealer network by appointing new dealers in the Netherlands, Chile, India, Central America, Korea, Turkey and China. In addition, the company located a sales manager in China to further develop that growing potential market.
 
Fourth-quarter revenue from new aircraft sales was $42,090,089 in 2012, up more than 8 percent from $38,735,165 the previous year. During 2012, Piper delivered 93 top-of-the line M-Class aircraft compared with 82 the previous year, which also helped the annual revenue mix.

FMI: www.piper.com

Advertisement

More News

Airborne-Unmanned 05.16.17: XPONENTIAL 2017, Airbus Aerial, Parrot Professional

Also: AUVSI BOD, PrecisionHawk's Free PrecisionMapper, Consortiq, XPONENTIAL 2017 Innovation Preview As opening sessions go, it was an eye-opener. Intel CEO Brian Krzanich took the>[...]

AMA Drone Report 05.18.17: Drone-Jumping!, AMA Sightings Report, King Schools

Also: DJI Smart TV App, Huerta: Unmanned Aircraft 'Good News Story', XPONENTIAL Innovation Preview Ya had to see it to believe it... An ingenious Latvian UAS operation has pulled o>[...]

Airborne 05.22.17: Court Nukes FAA Model Drone Regs, Lancair Moves, Virgin Orbit

Also: Dutch King, DA-42NG, US Civil Aircraft Shipments, ADS-B Out, Facial Recognition, Av Threats, Air Travel Growth The hobby drone industry just got a bit shook up... The U.S. Co>[...]

Airborne 05.19.17: Boeing T-X, WomenVenture 2017, BE-4 Rocket Test

Also: Orion Spacecraft, ANN Update, Sinful Sundays, ATC Privatization Oppo, Huerta@AUVSI, Fire Scout, 700th H130 Boeing will assemble its T-X Air Force training jet at its St. Loui>[...]

Airborne 05.22.17: Court Nukes FAA Model Drone Regs, Lancair Moves, Virgin Orbit

Also: Dutch King, DA-42NG, US Civil Aircraft Shipments, ADS-B Out, Facial Recognition, Av Threats, Air Travel Growth The hobby drone industry just got a bit shook up... The U.S. Co>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC