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ATP Places Large Order for Piper Seminoles

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Key Takeaways:

  • ATP (Airline Transport Professionals) has agreed to purchase up to 30 Piper Seminole twin-engine trainers, including a firm order for 10 to be delivered next year and options for 20 more.
  • The deal for the aircraft, which will feature Garmin G500 glass panels, is valued at approximately $18 million.
  • ATP selected the Seminole for its dispatch reliability and compatibility with their existing fleet, which already includes 88 Piper aircraft.
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Airline Transport Professionals (ATP) has agreed to purchase up to 30 Seminoles from Piper Aircraft, the two companies jointly announced at the NBAA Convention in Las Vegas.

The deal includes a firm order for 10 Seminoles, to be delivered next year, with the option for 20 additional aircraft for delivery over the following two years. While neither company disclosed prices, the retail value of the full deal is about $18 million.

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