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EAA AirVenture Oshkosh RSS Feed Piper Reports On-Target Growth
Senica V
Piper's Seneca V departs on a six-state dealer tour after Oshkosh.

By Ric Reynolds

Piper CEO Simon Caldecott reported Monday that Piper performance in the first half of 2012 showed continued improvement and represented 10 straight quarters of steady improvement since 2009.

So far this year the company reports 76 aircraft delivered with billings of $69 million. There were 37 deliveries in the first quarter and 39 in the second, Caldecott said.

He credits the steady growth to the strong dealer network for providing the sales and support leading to the improved results, along with investment of between $2 and $3 million in the company's facilities in Vero Beach, Florida.

"I am cautiously optimistic," he said, heading into the coming months and years, considering the current economy for general aviation.

Piper is also launching a Seneca V Demo Tour from Oshkosh following AirVenture 2012. The multi-state demonstration tour for the twin-engine turbocharged aircraft will visit Midwestern and western states, involving Piper's aircraft dealer organization. Stops include Des Moines, Iowa, July 30-August 6, with September stops in Kansas City, Kansas, and Reno, Nevada (at the Reno National Championship Air Races), and October stops in Boise, Idaho, and the AOPA Summit in Palm Springs, California.

"For well under a million dollars, the Seneca V gives you a turbocharged twin that has higher payload, carries more fuel, delivers better performance and efficiency, has a wider, longer cabin, and a single-engine ceiling that is higher than twins which cost $400,000 more," claimed Drew McEwen, head of global sales and business development. "In addition, the turbo Seneca V has better takeoff and landing performance, especially from hot and high locations."

Piper has a new Seneca V on display at its Oshkosh exhibit, located at booths 140-145/156-161.


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