Piper Increases Top-Of-The-Line Deliveries | 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-07.07.25

Airborne-NextGen-07.08.25

AirborneUnlimited-07.09.25

Airborne-FlightTraining-07.10.25

AirborneUnlimited-07.11.25

Fri, Aug 05, 2011

Piper Increases Top-Of-The-Line Deliveries

Revenue From Aircraft Sales Up In The First Half Of 2011

While GAMA's overall shipment figures were down across the board, Piper Aircraft Inc. reports that it grew its overall billings, and total deliveries of its banner Meridian, Matrix and Mirage single-engine aircraft series, during the first six months of 2011, ended June 30.

Piper Meridian

The company recorded $57,300,885 in new aircraft billings over the first six months of the year, up nearly 16 percent from the first six months in 2010, when billings were $49,497,851. In the first six months of 2011, Piper delivered 38 M-Class aircraft: 14 turboprop Meridians and 24 piston-powered Matrixes and Mirages, compared with 36 total M-Class aircraft during the first six months of 2010.

The 14 flagship Meridian turboprop deliveries were up from eight in the same period during 2010. Second quarter 2011 new aircraft billings were also up, totaling $31,141,182, a more than 3 percent increase compared with $31,039,320 in the same period a year ago.

“The company continued to achieve our internal financial and delivery targets in the first half of 2011,” said Piper President & CEO Geoffrey Berger. “Our efforts to align cost structure to delivery volume have resulted in better comparative performance year over year,” he added.

“At the same time, Piper is making enormously significant investments for the future in bringing the PiperJet Altaire to production.” The company’s overall first half 2011 performance continued a positive trend established during 2010 when Piper significantly increased new aircraft market share, billings and deliveries.

Model Q1 Q2 Q3 Q4 2011
Warrior III 4 3     7
Archer LX 0 1     1
Seneca V 4 6     10
Seminole 0 3     3
Mirage 8 6     14
Matrix 3 7     10
Meridian 7 7     14
Total Units 26 33     59
Total Billings $26,159,703  $31,141,182     $57,300,885
  FMI: www.piper.com

 


Advertisement

More News

Classic Aero-TV: Up Close And Personal - The Aeroshell Aerobatic Team at Oshkosh

From 2014 (YouTube Version): One Of The Airshow World's Pre-Eminent Formation Teams Chats About The State Of The Industry At EAA AirVenture 2014, ANN News Editor Tom Patton gets th>[...]

ANN's Daily Aero-Term (07.13.25): Tactical Air Navigation (TACAN)

Tactical Air Navigation (TACAN) An ultra-high frequency electronic rho-theta air navigation aid which provides suitably equipped aircraft a continuous indication of bearing and dis>[...]

ANN's Daily Aero-Linx (07.13.25)

Aero Linx: Doobert Hi, we're Chris & Rachael Roy, founders and owners of Doobert. Chris is a technology guy in his “day” job and used his experience to create Doobe>[...]

NTSB Prelim: Pitts S2

The Airplane Was Spinning In A Nose-Down Attitude Before It Impacted Terrain On June 20, 2025, at 0900 eastern daylight time, a Pitts Aerobatics S-2B, N79AV, was destroyed when it >[...]

Airborne 07.09.25: B-17 Sentimental Journey, Airport Scandal, NORAD Intercepts

Also: United Elite Sues, Newark ATC Transitions, Discovery Moves?, Textron @ KOSH The Commemorative Air Force Airbase Arizona is taking its “Flying Legends of Victory Tour&rd>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC