Piper Aircraft Lowers Prices on M-class Singles | Aviation International News

Piper Aircraft Lowers Prices on M-class Singles

Price of M500 cut by nearly $400,000, to $1.99 million, while entry-level Matrix was lowered to $899,000.

With certification of its new M600 turboprop single expected in the third quarter, Piper Aircraft reduced the price of its current flagship, the M500 turboprop single, to $1.99 million and added new standard executive interiors for the M500 and M350 piston single. It also lowered the price of its entry-level M-Class airplane, the Matrix, to $899,000. (Photo: Chad Trautvetter/AIN)

By Chad Trautvetter • Online Editor

March 22, 2016

Piper Aircraft slashed the price of its M500 turboprop single today by nearly $300,000, to $1.99 million, as the company repositions its the M-Class product line in anticipation of certification of the new $2.853 million M600 turboprop single in the third quarter. In addition, a newly upgraded executive interior will be standard on each M500 and includes a new color palette dubbed Inverness. The Hartzell five-blade composite prop, recently certified for the M500/Meridian, will also be a factory option for all new M500s, it said.

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