Editor’s Note: This story first appeared in Plane & Pilot.
Ron Gunnarson, Piper Aircraft vice president of sales and marketing, said his company has continued to grow in a “pull market.”
Piper Aircraft Announces New Parts Manufacturing at Oshkosh
Piper reports growth in a ‘pull’ market and announces expanding its Global Flight School Alliance and a new industrial manufacturing enterprise.
Key Takeaways:
- Piper Aircraft is experiencing a strong market, with significant growth in aircraft deliveries in 2022 and projected higher numbers for 2023, though the market is leveling off from an unsustainable peak.
- The company has launched Piper Industrial Manufacturing Co. (PIMCO), a new enterprise leveraging nearly $30 million in recent facility and equipment upgrades to enhance production and pursue AS-9100 certification.
- Piper is introducing new Garmin G3000 capabilities and will be the first to market with Garmin's PlaneSync technology for its M600 series, enabling advanced connected aircraft management.
- The Global Flight School Alliance is expanding, with new fleet customers in India expected to receive 47 training aircraft deliveries in 2024-2025.
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