Piper aircraft

July 1, 2009 - 6:03am

Following the resignation of president and CEO James Bass, Piper Aircraft has promoted two of its senior executives to assume his duties. Kevin Gould, the company’s v-p of operations, has been named CEO, while John Becker, formerly v-p of engineering, became company president. In a statement to company em-ployees, Bass said, “I have successfully completed my mission at Piper and am leaving the company in very capable hands.

June 4, 2009 - 6:54am

American Capital on May 1 sold its entire stake in Vero Beach, Fla.-based Piper Aircraft to Imprimis, a corporate finance and investment management firm that operates from offices in Bangkok, Singapore and Brunei Darussalam. However, the new owners have pledged to keep Piper’s headquarters, production and product development facilities in Vero Beach.

May 1, 2009 - 10:53am

American Capital today sold its entire stake in Vero Beach, Fla.-based Piper Aircraft to Imprimis, a corporate finance and investment management firm that operates from offices in Bangkok, Singapore and Brunei Darussalam. The new owners have pledged to keep Piper’s headquarters, production and product development facilities in Vero Beach.

May 1, 2009 - 10:33am

Piper Aircraft has achieved FAA certification for the Garmin G1000 avionics system aboard the Meridian six-place single-engine turboprop, an airplane originally certified with the Meggitt Magic EFIS and later upgraded to the Avidyne Entegra cockpit. The list price for a new Meridian with the Garmin cockpit is $2.071 million versus $2.021 million for the airplane with the Entegra suite.

April 30, 2009 - 5:49am

Piper Aircraft president and CEO James Bass said the effect of the U.S. government’s “assault” on general aviation will last longer than the recession.

April 23, 2009 - 12:03pm

While he believes the recession will end soon, Piper Aircraft president and CEO James Bass said the effect of the U.S. government’s “assault” on general aviation will linger much longer.

February 27, 2009 - 10:25am

Piper PA-46-500TP Meridian, Marshfield, Wis., Nov. 23, 2008–The commercial pilot and two passengers were killed when the turboprop single crashed half a mile from Marshfield Municipal Airport (MFI) at night in visual conditions. No flight plan had been filed for the flight from Green Bay, Wis., to MFI. The aircraft, registered to TES Leasing of Marshfield, was destroyed in the resulting fire.

January 27, 2009 - 6:17am

Vero Beach, Fla.-based Piper Aircraft late last month confirmed that it laid off 150 employees, company CEO Jim Bass told Indian River County commissioners at a general meeting. Further, Bass said Piper could cut more personnel “if it gets worse,” adding that the manufacturer could reduce its production output by up to 40 percent this year due to the slowdown in sales of general aviation aircraft.

January 22, 2009 - 10:27am

Vero Beach, Fla.-based Piper Aircraft confirmed that it laid off 150 employees, company CEO Jim Bass told Indian River County commissioners at a general meeting yesterday. Further, Bass said Piper could cut more personnel “if it gets worse,” adding that the manufacturer could reduce its production output by up to 40 percent this year due to the slowdown in sales of general aviation aircraft.

January 6, 2009 - 11:43am

Piper Aircraft has notified local Indian River County and Florida state authorities that it is delaying receipt of a second round of incentive money until economic conditions improve, according to a Piper spokesman. The county and state jointly came up with $32 million worth of incentives last year to keep Piper from moving its headquarters and PiperJet manufacturing activities away from Vero Beach, Fla.

 
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