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 reports strong market growth, with 2022 deliveries up 14% and 2023 projections showing continued increases despite economic and supply chain pressures.
- The company has launched Piper Industrial Manufacturing Co. (PIMCO) to capitalize on nearly $30 million in facility upgrades and advanced manufacturing investments, aiming to improve quality and productivity.
- Piper is upgrading its M600 aircraft with enhanced Garmin G3000 features and will be the first to market with full Garmin PlaneSync technology for remote aircraft management.
- Piper's Global Flight School Alliance is expanding, securing new fleet customers in India with 47 training aircraft deliveries projected for 2024-2025.
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