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Piper Aircraft

Piper PA-46 Meridian/M-Class

Press Release

Piper Aircraft saw nearly 20 per cent growth over 2023.

Issued by Piper Aircraft.

February 13, 2025

Piper Aircraft reports strong year-over-year growth in 2024 highest unit volume since 200

Piper Aircraft closed 2024 with a strong performance, delivering 291 aircraft, a nearly 20% increase over 2023, with 46 more aircraft delivered year-over-year.

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, further strengthening Piper's position in the high-performance turboprop market.

The Piper M700 Fury certified in March of 2024 and comes standard with the HALO Safety System, featuring Garmin Emergency Autoland. This revolutionary system includes digital technology that safely lands the aircraft at the nearest suitable airport in the event that the pilot is incapacitated. Additionally, the M700 Fury G3000 avionics suite includes; Autothrottle, Emergency Descent Mode, Electronic Stability Protection (ESP), SurfaceWatch, SafeTaxi and Garmin PlaneSync, all of which are designed to enhance safe operation of the aircraft. Beyond the flight deck, the six-seat M700 Fury is powered by a Pratt & Whitney PT6A-52 700 SHP engine. The aircraft has a maximum cruise speed of 301ktas/557 km/hr, a max range of 1852 nm/3,430 km and a standard useful load of 2,320 lbs/1,052 kg.

U.S. domestic deliveries totalled 217 aircraft, up 7.0% when compared to 2023. International deliveries grew by 76%, with 74 aircraft delivered, underscoring Piper's growing global presence.

“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.”

As Piper Aircraft moves into 2025, the company remains committed to delivering innovative, high-performance aircraft while expanding its reach to meet the evolving needs of owner pilots and training fleet operators worldwide.