Demand for Piper Products Results in Largest Employment Growth Since 2009

Demand for Piper Products Results in Largest Employment Growth Since 2009

Demand for Piper Products Results in Largest Employment Growth Since 2009
December 22, 2017 (Vero Beach, FL) —

Piper Aircraft Inc. achieved double-digit growth in new aircraft revenue and deliveries for 2017 as demand for trainer aircraft and M-class products continued to expand. The increase in demand for Piper products and resulting increase in production volume has driven the company headcount to over 900 employees located at the Piper world headquarters in Vero Beach, Florida. During the past 18 months, Piper Aircraft has hired over 300 employees, representing more than a 20% increase in employees.

"With aircraft orders in place for 2018 and several long term contracts for trainer aircraft, the near term forecast is stable. Additionally, our commitment to a level-loaded, build to order business model further enhances stability and creates consistent work load for the team," said President and CEO Simon Caldecott. "We are driven to continuously improve our products in support of our customers and their needs which helps create demand and results in the need for a strong and committed workforce," he added.

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