Piper Aircraft Announces 26 Percent Increase In Billings For 2016 | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.01.24

Airborne-Unlimited-04.09.24

Airborne-Unlimited-04.10.24 Airborne-Unlimited-04.11.24

Airborne-Unlimited-04.12.24

Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at
www.airborne-live.net

Fri, Feb 24, 2017

Piper Aircraft Announces 26 Percent Increase In Billings For 2016

Caldecott: Growth Driven By M600 Certification And Deliveries

Following the release Wednesday of GAMA's Annual Industry Review, Piper CEO and GAMA chairman Simon Caldecott announced that the company has experienced a 26.7% increase in aircraft billings for 2016.
 

The substantial growth was driven by the certification and delivery of the new Piper flagship M600 SETP and a 68% YOY increase of Piper Archer primary trainer aircraft which helped drive Piper total billings up by nearly $32M vs 2015. Sales of all Piper trainers were steady, showing moderate growth at .8% for 2016. Deliveries continued to be largely concentrated within the North American market with more than 80% of aircraft delivered in that region. The remaining 20% were delivered outside of North America with the majority being shipped to the countries within the Pacific Rim.
 
"Our commitment to bring the M600 to market in 2016 as well as implementing a build to order business model has helped increase revenue while securing the health and future of Piper Aircraft. As we look towards 2017, we are excited about the recent trainer contracts that we have been awarded, which has helped develop a backlog of orders. Additionally working in concert with our full-service Dealers we look to continue to grow M-class demand and sales," said Simon Caldecott, President and CEO of Piper Aircraft.

(Source: Piper news release. Image from file)

FMI: www.piper.com

Advertisement

More News

Airborne 04.11.24: SnF24!, King's 50th, Top Rudder, Aileronics

Also: Flight Club, Jet Shades, MyGoFlight’s FlightFlix Acquisition FIFTY YEARS! What a milestone for the aviation world’s master aero-education duo! John, Martha, along>[...]

Airborne 04.11.24: SnF24!, King's 50th, Top Rudder, Aileronics

Also: Flight Club, Jet Shades, MyGoFlight’s FlightFlix Acquisition FIFTY YEARS! What a milestone for the aviation world’s master aero-education duo! John, Martha, along>[...]

ANN's Daily Aero-Term (04.10.24): Go Around

Go Around Instructions for a pilot to abandon his/her approach to landing. Additional instructions may follow. Unless otherwise advised by ATC, a VFR aircraft or an aircraft conduc>[...]

ANN's Daily Aero-Linx (04.10.24)

Aero Linx: Helicopter Safety Advisory Conference (HSAC) The HELICOPTER SAFETY ADVISORY CONFERENCE (HSAC) was formed in January, 1978 after an accident in which 19 people lost their>[...]

ANN FAQ: Contributing To Aero-TV

How To Get A Story On Aero-TV News/Feature Programming How do I submit a story idea or lead to Aero-TV? If you would like to submit a story idea or lead, please contact Jim Campbel>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC