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Fuel Efficiency Drives
European Demand for Pipers

Spurred by higher European demand for fuel-efficient business aircraft- Piper Aircraft Inc. grew its new aircraft deliveries and sales revenue during the first quarter of 2012. The robust first-quarter performance continued an upward trend established by Piper the previous two years- when its new airplane market share grew in a declining overall market.

“Recently- we have seen many European owners and operators focus on the miserly fuel flow of Piper’s M-Class single-engine airplanes-” said Enrico Evers- Piper’s Director of Sales for EMEA'. “So far this year- we have delivered three Piper Meridian turboprops into France and a Piper Mirage pressurized single in Switzerland- and already we have four more M-class models set for delivery to retail customers located in Europe yet this year.”

He indicated that the reception so far in 2012 has been much stronger than anticipated. Evers said several of the new Pipers replace older- larger and less fuel-efficient twinturbine aircraft- with the greater attention to the high price of aviation fuel in the region.

Strong International Sales
Piper’s international aircraft deliveries continued to outpace those in the United States- with sales in Europe especially vigorous. The company’s international success clearly demonstrates the wisdom of its aggressive globalization strategy- Evers added.

He attributed the boost in Piper M-Class sales to the potency of Piper’s European dealer network. “All of our dealers are fielding more customer inquiries and the recently ended AERO Friedrichshafen aviation trade show generated more leads and aircraft demonstrations than past years.”

“Winters Aviation- with responsibility for new Piper airplanes sales in Belgium and France- has been particular effective-” Evers said. “But indeed the whole EMEA Piper dealer network has been strong-” he added. Businesses are focusing on more economical and efficient aircraft throughout Europe- consistent with the impact of European and American debt issues on companies- he noted. During the first quarter- Piper delivered 21 airplanes internationally and 16 within the United States. Six of the 37 deliveries were for the company’s flagship Piper Meridian single-engine M-Class turboprops- while the company delivered 12 Piper Mirages- the popular single-engine pressurized piston-powered M-Class business aircraft. Piper’s training aircraft also remained strong- with 17 total deliveries of Seneca V- Seminole- Archer- Warrior and Arrow airplanes.

New Dealer in Netherlands
Earlier this year- Piper Aircraft named Piper Netherlands- at Teuge International Airport- as the company’s sales representative in the Western European country. Its affiliate- Stella Aviation Maintenance- is responsible for parts and service.

EMEA Dealer Network
Much of the company’s recent sales success is tied to Piper’s strong international dealer organizations.

About M-Class Aircraft
Three refined derivatives comprise the full line: the Meridian- the Mirage and the Matrix. Each product fits it own niche and price point- and each aircraft provides a seamless step-up to the next level. Created to maximize the private travel experience- the MClass line balances performance- efficiency and simplicity. The Piper Meridian is a single-engine turboprop that seats six with club seating.

It is powered by the P&WC PT6A-42A 500 shp engine and has a 260 KTAS / 482 km/h max cruise speed and a range of 1-000 nm / 1-885 km. The standard equipped list price is 2-134-000 USD- equipped with the Garmin G1000 avionics suite.

The Mirage
The Piper Mirage is a single-engine pressurized piston that seats six with club seating. It is powered by the Lycoming TIO-540-AE2A 350hp engine and has a 213 KTAS / 394 km/h max cruise speed and a range of 1-343 nm / 2-491 km. The standard equipped list price is 1-038-000 USD- equipped with the Garmin 1000 avionics suite.

The Matrix
The Piper Matrix is a single-engine unpressurized piston that seats six with club seating. It is powered by the Lycoming TIO-540-AE2A 350hp engine and has a 213 KTAS / 395 km/h max cruise speed and a range of 1-343 nm / 2-491 km. The standard equipped list price is 904-000 USD- equipped with the Garmin 1000 avionics suite.

Piper Aircraft
Piper Aircraft- Inc. is headquartered in Vero Beach- Florida. A global force in aviation- Piper is an investment of the Ministry of Finance of the Government of Brunei. The company offers efficient single-engine and twin-engine trainer- personal and business aircraft. With economical acquisition and operating costs- Piper airplanes deliver the best value available today and into the future. Piper is a member of the General Aviation Manufacturers Association.

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