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

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 03.30.15

Airborne 03.24.15

Airborne 03.25.15

Airborne 03.26.15

Airborne 03.27.15

Airborne Hi-Def On YouTube

Airborne 03.30.15

Airborne 03.24.15

Airborne 03.25.15

Airborne 03.26.15

Airborne 03.27.15

 

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 03.30.15: Provisional TC-HondaJet, NASA/Mars, Lightspeed's Bluetooth

Also: New York Airways 1962, Mica Wants Privatized ATC, Ares UAV, Textron ProAdvantage, Boeing SC Union Vote, Whirly Girls The Honda Aircraft Company has announced that the HondaJe>[...]

Gone West: Lt. Col. Robert Hite

Had Been One Of The Doolittle Raiders Who Attacked Tokyo In 1942 One of the last of the 80 men to climb aboard 16 B-25 bombers and launch from an aircraft carrier in April 1942 to >[...]

ANN's Daily Aero-Linx (03.31.15)

Shawn Pederson - Road to Recovery Six months ago, Shawn "Norm" Pederson took the road less travelled. After retiring from a career of public service as United States Air Force pilo>[...]

ANN's Daily Aero-Term (03.31.15): Decision Height

With respect to the operation of aircraft, means the height at which a decision must be made during an ILS, MLS, or PAR instrument approach to either continue the approach or to ex>[...]

Aero-News: Quote Of The Day (03.31.15)

“NBAA is pleased that the FAA continues to recognize the importance of this tool to NBAA Member business aircraft owners seeking to maximize the efficiency and usability of a>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2015 Web Development & Design by Pauli Systems, LC