Press Release

Issued by Piper Aircraft.

April 10, 2017

Piper Aircraft has confirmed the sale of the first Piper M600 into Europe during the opening day of Aero Friedrichshafen and following the first customer M600 demonstration given in the region. The corporate customer, CTP Invest, is one of the largest commercial property developers in the Czech Republic and Eastern Europe and previously participated in a fractional ownership program using a PC-12 and a Piper Meridian. The aircraft is expected to be delivered to the customer at the end of the summer in late Q3.

“Piper is thrilled that CTP Invest is expanding its corporate aircraft usage and has selected the efficient and cost effective M600 as its newest business tool” said Drew McEwen, vice president of international and direct sales. “This is the first new Piper M600 to see service in Europe and we are confident that it will perform its mission with established Piper economy and reliability.”

“The M600 is a unique aircraft,” said Simon Caldecott, president and CEO at Piper Aircraft. “We cannot emphasize enough the value, performance, and safety that defines this airplane. We continue to increase our international presence by providing a compelling product line that is economically and operationally advantageous to aviators around the world. We are pleased to work with Piper OK for this initial European sale of the M600.”

The European M600 demonstration tour began immediately upon the aircraft's arrival in the Czech Republic and will continue for the next ninety days. The tour will cover six countries, with visits to Piper dealerships and key aviation events throughout the territory.

Piper achieved FAA certification of the newest addition to the M-class family, the M600, in June of 2016. Application to EASA for validation was made immediately following receipt of FAA type certification. Europe validation is expected within the next ninety days.

The Piper M600 features a new, clean sheet design wing and a sophisticated Garmin G3000 touchscreen-controlled glass flight deck. The M600 seats six and is powered by a Pratt & Whitney PT6A-42A 600shp engine. The aircraft has a maximum cruise speed of 274 ktas/507 km/h, a max range of 1,484 nm / 2,748 km, and a standard useful load of 2,400 lbs. / 1,089 kg. The G3000 avionics suite is the next generation of Garmin architecture, offering the most comprehensive, intuitive, and technologically advanced package on today's market.