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Piper sees strong sales growth in 2024

Piper Aircraft reports strong sales for 2024, delivering 291 aircraft last year, representing a near 20% increase over 2023, with 46 more aircraft delivered year-over-year.

The North American planemaker says that a key contributor to this growth is the M700 FURY, Piper’s new 300-knot flagship aircraft, which launched in March 2024. In its first year, 46 M700 FURY aircraft were delivered, strengthening Piper’s position in the high-performance turboprop market.

US domestic deliveries totalled 217 aircraft, up 7.0% when compared to 2023. International deliveries grew by 76%, with 74 aircraft delivered, bolstered by a large order for 20 Piper DX trainers placed by Spanish flight academy FTEJerez.

“Our continued growth, both domestically and internationally, is a testament to the strength of our product lineup and the trust our customers place in Piper. The increase in international deliveries highlights Piper’s expanding global footprint and the growing appeal of our aircraft worldwide,” said John Calcagno, President and CEO of Piper Aircraft, Inc. “With the successful introduction of the M700 FURY and tremendous growth in Archer DX trainer sales, 2024 was a milestone year for our company, with the highest delivery count in well over two decades.”

 

Author: FTN Editor

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