Piper Reports 15 Percent Rise in Aircraft Deliveries

Company said fleet expansion at flight schools helped drive growth.

Jonathan Welsh

Friday, February 24, 2023 at 03:38 PM ET

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Piper's sales of trainer aircraft helped boost its overall deliveries for 2022. [Courtesy: Piper Aircraft].

Key Takeaways:

Piper Aircraft reported a 15 percent increase in aircraft deliveries during 2022 and has a substantial backlog of orders extending into 2024 for its M-Class and into 2025 for its trainer aircraft.
The company delivered a total of 69 M-Class and 167 trainer aircraft, with growth primarily driven by flight schools enlarging their fleets and new customers joining the Piper Flight School Alliance program.
Key advancements included updates to the flagship M600/SLS model, FAA approval for its use in Part 135 charter service and unpaved fields, and a collaboration with CAE to develop an electric-powered PA-28-181 Archer.

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Piper Aircraft Inc. said its aircraft deliveries increased 15 percent during 2022 as it made a number of updates to its flagship M600/SLS model. The company also said it has a backlog of orders “deep into 2024” for its M-Class airplanes and into 2025 for its line of trainer aircraft.

The M-Class line includes the turbocharged and pressurized piston M350, the M500 turboprop, and the M600/SLS turboprop, which features the HALO safety system and Garmin Autoland. Piper said it delivered a total of 69 M-Class aircraft, 43 in the U.S. and 26 internationally. They included 19 M350s, 9 M500s, and 41 M600/SLSs.