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News: Piper Announces Aircraft Repositions In M-Class Line

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  1. M-Class Production Line Repositioned By Piper
    Piper has announced that it repositioned its M-Class production line as a result of the impending certification of the M600 class-leading turboprop. For the M600, that certification is anticipated for third quarter of this year. However, Piper says that they have dropped the price for the M500. The pricing adjustment reflects as a drop from $2.264M to $1.99M for the M500. Additionally, there are some nice changes to this model. upgraded executive interior will be a standard feature on each M500 and includes a new color palette – Inverness. The recently announced Hartzell 5-blade composite prop will also be an option for all factory produced M500 aircraft. The M500 turbine business aircraft with the latest in Garmin avionics and advanced safety features (enhanced autopilot flight control system with stability protection) is now better positioned to offer the market a true entry level turbo prop.
  2. Another M-Class model the Matrix also saw a slight price drop. It has declined from $939,950 to $899,000. The price reduction was designed to help customers “step-in” to the Piper M-class family at a more competitive price point according to Piper. The M350 for 2016 will be getting upgrades to the interior as well as flight deck. “Our goal was to create price spacing between the products that would support the optimal step-up structure as well as a seamless transition. Furthermore, the team spent a great deal of time developing equipment lists, options, and packaging to further differentiate each product within the M-class family,” said Piper President and CEO Simon Caldecott. “As part of our on-going product improvement initiatives, we saw an opportunity to provide our customers the best value proposition for each product while differentiating each aircraft in the lineup. This approach gives the customer a reason to step-up from one M-class product to another as their needs and experience dictates.”

    For more information:

    2926 Piper Drive
    Vero Beach, FL 32960

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