Piper Enters VLJ Business

Business Jet Traveler » December 2006
Friday, December 1, 2006 - 4:00am
The 70-year-old Piper Aircraft has begun a new era, launching the six-seat, single-engine PiperJet, carrying a price tag of approximately $2.19 million. The move adds another entrant into the very light jet market. The PiperJet is a clean-sheet design, which Piper claims will have a range of about 1,300 nautical miles and will cruise at 360 knots, powered by a variant of the Williams FJ44-3A engine. The Vero Beach, Fla. manufacturer expects a prototype to fly within 18 months and deliveries to begin in 2010.
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“Time is our most precious commodity, and there are conveniences that wealth brings to essentially get you more time. —retired Microsoft CEO Steve Ballmer, explaining why he commutes via private jet from his Seattle home to watch games of the Los Angeles Clippers, the basketball team he bought last year for $2 billion. ”

-retired Microsoft CEO Steve Balmer