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 06.29.15

Airborne 06.30.15

Airborne 06.24.15

Airborne 06.25.15

Airborne 06.26.15

Airborne Hi-Def On YouTube

Airborne 06.29.15

Airborne 06.30.15

Airborne 06.24.15

Airborne 06.25.15

Airborne 06.26.15

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 06.30.15: Defending Santa Monica, Aspen ADS-B, NBAA v Privatization

Also: Spectra Reserves, Aero-Calendar, New Airman Standards, Spaceport America, Pointing Lasers, C-17 Training Network, Seaplane Sim Supporters of the Santa Monica, California Airp>[...]

Hexacopter Blasted Out Of The Air Results In Small Claims Charge

Court Finds In Favor Of Aircraft Owner Back in November last year, Eric Joe was visiting his parent's home in Modesto, CA, and flew his Hexacopter low and slow over what he says wa>[...]

SpaceX Falcon 9 Anomaly Was Apparently In The Booster's Second Stage

First Stage Operated Normally As The Spacecraft Disintegrated More details are emerging from the launch failure Sunday of a SpaceX Falcon 9 booster carrying a Dragon resupply space>[...]

AeroSports Update: Wingfoot One Headed To AirVenture

Goodyear’s Brand New Wingfoot One Airship Makes Its EAA AirVenture Oshkosh Debut This Year. If you think rigid airships are something from the past, it’s time to get a >[...]

AD: Dassault Aviation Airplanes

AD NUMBER: 2015-13-08 PRODUCT: All Dassault Aviation Model FALCON 2000EX airplanes.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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