Piper To Put Substance, at Last, To Years of Talk

 - November 15, 2006, 6:16 AM

Piper Aircraft will reveal details of its next-generation aircraft, widely believed to be a single-engine very light jet, during the NBAA Convention next month in Orlando, Fla. Piper officials have said it will fall between the $2 million Meridian turboprop single and the approximately $4 million HondaJet. Piper CEO and president Jim Bass has promised the new aircraft “will not compete with the HondaJet; it will complement it.” Piper in July announced it had formed a “business alliance” with Honda that includes sales, service and joint engineering on general aviation and business aircraft. At the NBAA Convention, Honda and Piper are expected to provide more details on this business relationship. Meanwhile, Piper is working with its dealers to determine how best to sell the HondaJet. Piper is also preparing for next year’s celebration of the company’s 70th anniversary. Finally, after being “The New Piper Aircraft” for 11 years, the official name of the company has returned to the original “Piper Aircraft.”