Tuesday, July 23, 2024
Reading Time: < 1 minutePiper Aircraft maintained strong new aircraft deliveries and revenue performance in the first half of 2024, reflecting robust global demand. Piper is on track to deliver around 300 aircraft this year, a 22% increase from the previous year.
In the first half of 2024, deliveries rose by 16% compared to the same period in 2023. Despite a slight decline in Q1 2024, due to the launch and late Q1 FAA certification of Piper’s new flagship M700 FURY, the second quarter saw a 30% increase in deliveries and nearly a 9% rise in revenue.
Of the approximately 300 aircraft scheduled for delivery this year, Piper plans to deliver nearly 50 of its new M700 FURY aircraft. International validations and certifications are anticipated to further enhance deliveries in the second half of the year.
“Our trainer and M-Class markets remain robust and we are pleased with our delivery performance this year and the positive reception from our customers with the launch of the M700 FURY,” said Ron Gunnarson, VP of Marketing, Sales & Customer Support at Piper Aircraft. “Our dealer and factory team’s dedication to excellence and our focus on customer satisfaction have been key drivers of our success.”
As Piper Aircraft continues to grow its operations and product offerings, it remains dedicated to providing exceptional value and performance to customers globally.