Piper Delivers 550th Meridian to European Customer, First New Meridian into Sweden

VERO BEACH, Fla. - March 31, 2014 - Piper Aircraft Inc. today delivered the company's 550th new Meridian to a Swedish customer who purchased the first new Meridian to enter service in that Northern European country.

Håkan Svensson, Chief Executive Officer of Aston Harald AB, located in Öckerö, Sweden, accepted delivery of the Piper Meridian, his first aircraft, in ceremonies at Piper's Vero Beach headquarters and manufacturing campus. Svensson, who is pursuing his pilot's license, plans to use the aircraft in his business and for personal flying. The aircraft will be operated by a professional pilot until he achieves sufficient ratings and experience to perform as pilot in command in European airspace.

"The delivery of our 550th new turboprop Meridian into Sweden, a first in that country for us, demonstrates the increasing attractiveness of our top-of-the-line M-Class to Europeans," said Piper President and CEO Simon Caldecott. "As Europeans and aircraft owners throughout the world deal with escalating operational expenses, our signature high performance single-engine aircraft offer an excellent combination of performance and economy."

Aston Harald AB was engaged in service, technical maintenance and consulting services to ship owners, shipyards and marine-related businesses. The company also provides personnel to companies in the transport and engineering sectors, and is involved in a number of other businesses. 

About Piper M-Class Aircraft

M-Class aircraft offer Piper performance and safety built upon a proven airframe that has been an industry standard for years. Three refined derivatives comprise the full line: the Meridian, the Mirage and the Matrix. Each product fits it own niche and price point, and each aircraft provides a seamless step-up to the next level. Created to maximize the private travel experience, the M-Class line balances performance, efficiency and simplicity.

About the Piper Meridian

The Piper Meridian is a prime example of when performance meets efficiency. The Pratt & Whitney PT6A-42A turboprop engine allows for notable speed and agility, with 500 horses pulling passengers to altitude with ease. Holding the title of both lowest fuel burn and lowest acquisition cost in its class, the Piper Meridian is an unmatched value.

About Piper Aircraft

Piper Aircraft Inc., headquartered in Vero Beach, Fla., offers aviators throughout the world efficient and reliable single-engine and twin-engine aircraft. The single-engine M-Class series - the Meridian, Mirage and Matrix - offer businesses and individuals elegant performance and value. The Twin Class Seneca V and Seminole balance proven performance, efficiency and simplicity in twin-engine aircraft. The Trainer Class Archer TX, Arrow, Seminole and Seneca V aircraft form the most complete technically-advanced line of pilot training aircraft in the world. All Piper airplanes feature advanced Garmin avionics in the cockpit. Piper is a member of the General Aviation Manufacturers Association.

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