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 strong market growth, with a 14% increase in deliveries in 2022 and projected further growth in 2023, despite a leveling from an unsustainably high market peak.
- The company has launched Piper Industrial Manufacturing Co. (PIMCO) to leverage nearly $30 million in facility and equipment upgrades, aiming to enhance vertical integration, product quality, and productivity.
- New M600 aircraft will feature advanced Garmin G3000 capabilities and will be the first to market with Garmin's PlaneSync technology, enabling remote aircraft access, data logging, and status monitoring.
- Piper is expanding its Global Flight School Alliance, securing new fleet customers in India with 47 training aircraft deliveries projected for 2024-2025.
Key takeaways sponsored by Aviator Pro | Start Your Training ->
See a mistake? Contact us.
