Piper Aircraft Delivers 1st Chinese Matrix To Hanxing General Aviation Co., Ltd.

Piper Aircraft delivered its first M-Class Piper Matrix in China to Hanxing General Aviation Co., Ltd., one of Piper's dealers in China. The transaction was consummated prior to Airshow China 2014 so that Hanxing and Piper could display the airplane at the show being held here. This is Piper's first aircraft sold into China since the company recently received a Validation of Type Certificate issued by the Civil Aviation Administration of China (CAAC) for Piper's top-of-the-line M-Class single-engine aircraft. The Piper M-Class series consists of the unpressurized piston-powered Piper Matrix, the pressurized piston-powered Piper Mirage and the turboprop Piper Meridian. "Hanxing is very confident it will sell this Piper Matrix to a Chinese customer; the airplane meets the criteria related to performance and economics, as demanded by customers," said Piper President and CEO Simon Caldecott. "Piper and Hanxing are benefiting from considerable positive attention at Airshow China, as China continues to develop its General Aviation infrastructure and provide easier airway access."

Piper Aircraft representatives in China for the Piper M-Class are Hanxing General Aviation Co., Ltd. and Piper Summit Aircraft China, Ltd. Hanxing General Aviation Co. in Zhuhai has exclusive sales rights for the Piper Matrix and Piper Summit in Beijing has exclusive sales rights for the Piper Meridian. About Piper M-Class Aircraft M-Class aircraft offer Piper performance and safety in 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 its 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.