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Piper Aircraft Inc. significantly strengthened its position as a global airplane manufacturer and is undertaking a global push in 2011 that includes Europe- the Middle East and Africa as important target markets.

During 2010- the company made memorable and notable progress in a number of important areas. The company delivered considerably more aircraft- introduced and stepped up development of an all-new single-engine business jet- and readied the company for an unprecedented global push.

Deliveries- Employment Up
Production activity at the company’s Vero Beach- Fla.- manufacturing campus during 2010 was up by more than 75 percent compared to 2009- despite a significant overall decline in industry deliveries by other manufacturers. This substantial market share increase reflected Piper’s aggressive globalization efforts.

The company introduced the all-new PiperJet Altaire in 2010 and added more than 140 engineers to the business jet’s development team with planned certification and deliveries set for 2014. Moreover- total Piper employment grew by several hundred employees to support the increased production.

New European Office Established
Piper recently opened two new global sales offices: one to serve the Americas region and- importantly- another in Amsterdam to support the European- Middle East and Africa region. Piper named experienced international sales executive Enrico Evers as director of Sales for Europe- Middle East and Africa. He is working with Piper dealers and agents throughout the region from his office at Lelystad Airport- near Amsterdam in the Netherlands.The company’s third regional sales office in Brunei was reinforced with the addition of the company’s director of global fleet sales to enlarge the company’s presence in this expanding segment- particularly in the Asia/Pacific region.

Piper extended its global reach in 2010 with fleet sales of more than 45 aircraft to pilot training institutions throughout the world. While Piper is not disclosing fleet purchase prices- retail value of the single-engine and twin-engine aircraft sold to flight training institutions worldwide in 2010 totals about $21 million- up considerably from the previous year.

In addition- the overall globalization initiative has already begun to pay off with non-U.S. sales accounting for more than half of the company’s new aircraft deliveries by dollar and unit volume for the first time in recent Piper history. Piper streamlined its senior leadership team and added strong talent in a number of important functional areas- including sales- marketing- customersupport- engineering and operations.

Reinvestment Strategy in Product Development- Core Operations
Following the Imprimis acquisition of the company in 2009- Piper developed a financial strategy to invest new capital alongside internal free cash flow in the company’s long-term success focused in a number of critical areas. The most important step was to update the promise of the PiperJet program by creating an all-new efficient design with much larger cabin called the PiperJet Altaire.

The company's shareholders are dedicated to bringing the innovative single-engine business jet to fruition while also investing to modernize Piper’s existing products and operations to ensure that Piper products are profitable and sustainable going forward. All the while- the company’s focus on Europe- the Middle East and Africa has been heightened.

More information visit –
www.piper.com

DEALER LIST
PIPER EUROPE

AEROSERVICE- B.V.
(Area: The Netherlands)
Lelystad Airport Emoeweg 24-26 8218
PC Lelystad Airport- The Netherlands
Tel: 31-320-288-333
Fax: 31-320-220-902
Web:
www.aeroservice.nl

CIRRUS d.o.o.
(Area: former Yugoslavia)
Tkalska 12 SI-3000 CELJE Slovenia
Tel: 386-3-428-6230
Fax: 386-3-428-6233


C.G.A. COMPAGNIA GENERALE
AERONAUTICA
(Area: Italy)
Aeroporto C. Columbo I-16154
Genova Airport- Italy
Tel: 39-010-6505221
Fax: 39-010-3460252


GLOBAL AVIATION S.A.
(Area: Greece- Bulgaria-
Romania- Cyprus- Turkey)
79-81 Filonos Street Piraeus
185 35 Greece
Tel: 30-210-4110609
Fax: 30-210-4138087


JB INVESTMENTS Sp z o.o.
(Area: Poland)
Obory 100 Lotnisko (Airfield)
05-520 Konstancin Jeziorna Poland
Tel: 0048-22-736-99-19
Fax: 0048-22-736-99-18


PIPER GENERALVERTRETUNG
DEUTSCHLAND AG
(Area: Germany- Austria- Switzerland)
Flughafen Kassel 34379 Calden
Germany
Tel: 49-5674-70451
Fax: 49-5674-70445


PIPER OK- A.S.
(Area: Czech and Slovak Republic)
Letiste Ruzyne – Terminal 3 K letisti
25/1073 160 08 Praha 6 Czech Republic
Tel: 420-318-690-644
Fax: 420-318-690-645


PIPER UK LIMITED
(Area: United Kingdom)
Premier House- Cecil Pashley Way
Shoreham Airport- Shoreham-by-Sea
West Sussex BN43 5FF United Kingdom
Tel: 44-845-241-9865
Fax: 44-845-241-9866


WINTERS AVIATION
(Area: Belgium- France)
Luchthavenlei 1 Box 48 - Hangar 114
B- 2100 Antwerpen (Deurne) Belgium
Tel: 32-3-281-74-74
Fax: 32-3-281-72-13


All other countries:
Piper Aircraft Inc.

Europe Office:
Maraboeweg 8- NL –
8218 NV Lelystad Airport
The Netherlands.
Tel: +31 320 28 42 42


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