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Piper Reports Growth

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Piper Aircraft hired more than 300 employees in the last 18 months, a 20 percent increase in staffing, the company has reported. The growth is driven by increased demand for Piper’s trainer airplanes and its M-class line. The M-class single-engine turboprops — the M600 and M500 — and the piston-powered M350, were certified in 2016. “With aircraft orders in place for 2018 and several long-term contracts for trainer aircraft, the near-term forecast is stable,” said CEO Simon Caldecott.

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