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New Piper Aircraft business jet to begin production this August

July 25, 2011, 04:56 pm

Piper Aircraft is slated to begin production and assembly of its new single-engine Altaire business jet this August. The company expects to launch the inaugural flight of the plane in 2013, and hopes the plane will be certified and ready for delivery as early as 2014. President of Piper Aircraft and CEO, Geoffrey Berger, spoke on the announcement.

"The Altaire is pioneering the single-engine business jet, just like the Piper Meridian and other single-engine turboprops have proven in rigorous worldwide use that the fundamental efficiencies and safety of centerline thrust aircraft deliver the greatest value to owners and operators," he said.

Almost 200 engineers and production staff have been working on the new jet, which has a maximum range of 1,300 nautical miles and a maximum cruise speed of 360 knots. The airplane will likely cost around $2.6 million, according to General Aviation News. A mockup of the Altaire is currently on display in Wisconsin as part of a North American tour that will stop in various cities around the country.

The Aircraft Owners and Pilots Association reports that in 2010, there were 627,588 total active pilots in the United States, including 139,100 commercial and 220,008 private pilots. Life insurance is important for all pilots, whether they're working in the commercial or private sectors.

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