Piper Aircraft said Monday at EAA AirVenture that it expects to deliver 270 aircraft this year, up from 236 in 2022. Company v-p of sales, marketing, and customer support Ron Gunnarson characterized the market as “the best many of us have ever seen,” with dealer inventories of new M-class airplanes, as well as Seminoles and Archers, at “near zero” and available used inventories of M-class aircraft at less than 3 percent. He called market conditions, coupled with continuing supply-chain challenges, “both a curse and a blessing” that was forcing the company to “keep it real” and not over-expand during the current boom.
Gunnarson said Piper’s bottom line continues to be accredited by large fleet orders for training aircraft, including one announced earlier this year from Blue Line Aviation in North Carolina for up to 115 aircraft. He also noted strong demand for the company’s Archer DX turbo-diesel engine training aircraft from foreign markets, particularly India, which he characterized as “one of the fastest-growing commercial markets.”
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