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 experienced strong growth with a 14% increase in deliveries in 2022 and projects further increases for 2023, despite the overall market leveling off from an earlier peak.
- The company is launching Piper Industrial Manufacturing Co. (PIMCO) to leverage recent $30 million facility and equipment upgrades, enhancing its vertical integration and production capabilities.
- Piper is pioneering the integration of Garmin's new PlaneSync technology into its M600 aircraft, offering advanced remote connectivity, automatic data uploads, and aircraft status monitoring.
- Piper's Global Flight School Alliance is expanding, notably with new customers in India, contributing to significant projected training aircraft deliveries in 2024 and 2025.
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