Piper Aircraft received an order for 152 training aircraft from Fanmei Aviation Technologies, the manufacturer’s dealer in China, making the deal the largest single order for training airplanes in the company’s history. Fanmei Aviation Technologies is a subsidiary of Sichuan Fanmei Education Group Co., a leading provider of aviation education in China.
Piper Receives Largest Trainer Order in Company History
Key Takeaways:
- Piper Aircraft received its largest single order in company history, a $74 million deal for 152 training aircraft from Fanmei Aviation Technologies, its dealer in China.
- The seven-year agreement includes 100 Archer TX single-engine trainers, 50 twin-engine Seminoles, one Seneca, and one M350, with deliveries beginning next month.
- This significant order helps Fanmei Aviation establish a robust pilot development program to address the global pilot shortage and strengthens Piper's piston aircraft sales, particularly in the Chinese market.
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