Piper Aircraft sustained solid new aircraft deliveries and revenue performance throughout the first half of 2024. Reflecting a strong global demand, Piper is on track to deliver approximately 300 aircraft this year, a 22 per cent increase from the previous year.

Deliveries in the first half of 2024 increased by 16 per cent compared to the same period in 2023. Despite a marginal dip in Q1 2024, attributable to the launch and late Q1 FAA certification of Piper's new flagship M700 Fury turboprop single, the second quarter saw deliveries rise by 30 per cent and revenue by nearly nine per cent.

Among the approximately 300 aircraft scheduled for this year, Piper is set to deliver nearly 50 of its new M700 Fury aircraft, with international validations and certifications expected to further boost 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,” says Ron Gunnarson, VP of marketing, sales and customer support. “Our dealer and factory team's dedication to excellence and our focus on customer satisfaction have been key drivers of our success.”