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 saw a 15% increase in aircraft deliveries in 2022, securing order backlogs extending into 2024 for M-Class and into 2025 for trainer aircraft.
The growth was driven by demand from flight schools and new customers, with 69 M-Class aircraft (including 41 M600/SLS) and 167 trainer aircraft delivered.
The company made significant updates to its M600/SLS model, including FAA approvals for Part 135 charter service and unpaved field operations, and is collaborating on an electric-powered 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.