Post job

Piper Aircraft company history timeline

1937

Strohmeier was in Florida and Piper was showing his Cubs at the National Pacific Aircraft and Boat Show in Los Angeles on March 17, 1937, when a spark from an electric drill ignited dope-soaked debris in the paint room of the Taylor Aircraft Co.

On March 16, 1937, a fire destroyed the Bradford Piper factory and the company relocated to an abandoned silk mill in Lock Haven, Pennsylvania.

In 1937, additional Jamouneau changes gave birth to the J-3 Cub, which was to become the primary trainer, military workhorse and light airplane that changed the course of private flying.

In 1937, it was renamed Piper Aircraft Corporation.

1938

By 1938 three events changed the company's fortunes: The partnership had been dissolved and Mr.

1941

In 1941, the year the Japanese attacked Pearl Harbor and brought the United States into the war, Piper sales totaled 2,881 aircraft.

1943

By the time the Navy assumed this responsibility in 1943, the small airplanes of the CAP had flown more than 86,000 missions, from the Canadian border to Tampico, Mexico.

1944

The likeness of a friendly bear clad in blue jeans and a ranger hat has symbolized American wildfire prevention since the Advertising Council created him in 1944.

1946

In 1946, the company opened a new factory in Ponca City, Oklahoma, and transferred production of the Cub from Lock Haven.

1947

The light plane industry with Piper in the vanguard position enjoyed strong growth up until the spring of 1947.

Sales were indeed spectacular, noted Bill Piper, Jr., until 1947, when the market collapsed.

1948

In 1948, when the New Mexico Department of Game and Fish purchased an airplane for $3,000, Raymond Bell became the state’s first “flying game warden.”

In 1948, with two thirds of its workforce laid off, Piper only lost $75,000, but it found itself no longer the leader in a shrinking market, falling behind Cessna, which itself only delivered 1,600 aircraft; the Ponca City factory was closed.

At the end of 1948, Piper bought the Stinson Aircraft Company for $3 million and Shriver left the company.

1950

The outbreak of the Korean War in 1950 helped to stimulate production at Piper, which again won large orders for military versions of the Cub.

1952

His story was told by William “Hopalong Cassidy” Boyd in a short film, “Little Smokey.” There was even a song, “Smokey the Bear,” written in 1952—which thereafter added confusion about Smokey’s name, as “the” was added to “Smokey Bear” to make it sound better when sung.

1954

First Apache Built in 1954

1954: Piper builds its first all-metal plane, the Apache.

1955

She and her pilot husband, Owen, live on a residential airport near Webster, Minnesota and fly a 1955 Piper Pacer.

In its business planning following the war, it became clear the Lock Haven facility would not support larger manufacturing efforts, and in 1955 it acquired rights to property at the Vero Beach Municipal Airport.

1957

The company built a research manufacturing facility at a naval airbase in Vero Beach, Florida, in 1957.

1958

Vero Beach was initially used as a center for design work under Fred Weick, with the first aircraft developed there being Piper's first agricultural aircraft, the PA-25 Pawnee, announced in 1958 and entering production the following year at Lock Haven.

1960

In 1960, the line of Piper aircraft consisted of an agricultural- and two-passenger variants of the Super Cub, the Caribbean, Colt and Tri-Pacer, two versions of the PA-24 Comanche, the Pawnee, the Apache and its new larger derivative the Aztec.

1961

The PA-28 Cherokee, which went into production at the company's expanded Vero Beach manufacturing facilities in January 1961, was to be one of the company's most successful designs.

1961: First of the popular Cherokee family debuts.

1963

In 1963, Piper supported Betty Miller's successful attempt to be the first female pilot to fly solo across the Pacific Ocean, during which she delivered a twin-engine Piper aircraft from Oakland, California, USA to Brisbane, Queensland, Australia.

1964

In September 1964, Piper flew the prototype of its new PA-31 Navajo cabin-class twin for the first time, after two-and-a-half years of development.

1965

The PA-32 Cherokee Six, introduced in 1965, was the earliest derivative and featured a stretched cabin with room for six people and an additional door in the rear.

1967

Another twin-engine plane, the PA-31 Navajo, was introduced in 1967 specifically as a business aircraft.

1969

Another tribe, the Pocono, became a quick casualty when a hostile takeover of the Piper Co. began in January 1969.

By 1969, however, Piper would undergo significant change after the purchase of a controlling interest in Piper by Bangor Punta Corporation.

Piper's annual revenues passed $100 million in 1969.

1970

By 1970, the company had produced 80,000 planes (24,000 of them Piper Cubs); one in every four general aviation planes was a Piper.

1974

A Congressional resolution of 1974 stipulated that Smokey’s remains be returned to New Mexico for burial at the Smokey Bear Historical Park in Capitan, New Mexico.

1975

The living Smokey Bear officially retired on May 2, 1975 and remained at the National Zoological Park until he died on Nov.

1976

By 1976, the company produced its 100,000th airplane.

10, 1976, “…27 airline planes were kept circling in an holding pattern until Hines’ plane could land and Smokey could be greeted by the crowd awaiting his arrival.”

1977

Harvey Milk, one of the first openly gay politicians to win public office in the United States, a seat on the San Francisco Board of Supervisors in 1977.

A Flying magazine interview with Hines in 1977 states that Hines had one panel in his home and the other was in the Smithsonian.

In 1977, Bangor Punta Corp., a $500 million conglomerate, won out over Chris-Craft Industries Inc., known for making yachts.

1978

The PA-44 Seminole, introduced in 1978, was a stretched version of the twin-engine Arrow with a twin tail.

1980

The museum began as a branch of the Lock Haven Heisey Historical Museum in the 1980's.

1981

Piper opened its T1000 Airline Division at the Lakeland, Florida, location in May 1981, with 20 people.

Piper, once synonymous with the Cub that most non-aviators think is the archetypical little airplane, hasn’t made that aircraft or any of its variants since 1981.

1983

1983: The Malibu is introduced.

1984

Piper Aviation announced the closing of the Lock Haven facility in March 1984.

In 1984, an opportunity to purchase the Engineering Building developed.

In 1984, Piper changed hands when parent company Bangor Punta was acquired by Lear Siegler.

1986

Through the efforts of Cal Arter in 1986, the PA Museum Commission gifted a tractor trailer mobile museum to the Piper Aviation Museum group.

Lear Siegler, in turn, was acquired by Forstmann Little in 1986.

1987

In 1987, New York buyout firm Forstmann Little & Company acquired Piper.

Forstmann Little then sold Piper to M. Stuart Millar in 1987.

1989

Industry-wide sales were just 1,143 planes in 1989, and Piper's main competitors Cessna and Beech Aircraft had stopped making small piston engine planes.

1990

Most of the company's 1,600 employees were furloughed in February 1990 as rumors of bankruptcy circulated.

1991

The firm went bankrupt in July 1991.

Aerospatiale, the French producer of light planes, also negotiated for its purchase in 1991 but was dissuaded by the product liability issue.

1992

In 1992, Angus Stone Douglass, a businessman with ties to New Jersey criminal-politicians, bought all of Piper's common stock from Millar for $500,000 cash through his Duck's Nest Investment firm.

1993

Production of the flagship Cheyenne 400 ended in February 1993 with only 43 being built since its inception a decade earlier.

In September 1993, a bankruptcy judge ruled that the Swiss company's $45 million offer would not be enough to pay debts and set up a trust fund for Piper's potential claimants.

1994

The whole United States general aviation industry sold only 444 planes in 1994.

1995

Teledyne (later named Allegheny) and Philly investment firm Dimeling Schreiber & Park bought Piper for $95 million in March 1995, renaming it The New Piper Aircraft, Inc.

Suma became CEO in early 1995 after Douglass was forced out of the position over a questionable stock transaction, reported Florida Trend.

1995: The New Piper Aircraft is launched.

In 1995, the company emerged from Chapter 11 bankruptcy and was renamed The New Piper Aircraft.

1997

In the fall of 1997, Piper announced it was developing a new single engine turboprop, the Malibu Meridian.

1998

New Piper sold 303 planes in 1998 and had revenues of $125 million that year.

2000

The industry as a whole sold 2,816 planes worth $8.6 billion in 2000.

2003

In July 2003, American Capital Strategies, Ltd. bought 94% of Piper's voting equity.

2006

In July 2006, a partnership with Honda was announced to market the new HA-420 HondaJet.

2007

The Great Recession struck in 2007 and deeply impacted their airplane orders and workforce.

Jackie Carlon has been Piper Aircraft’s director of marketing and communications since 2007.

2009

He’s “tweeted” over 10,000 times since joining Twitter in 2009 and posts frequently on his Instagram account, where he has over 18,000 followers.

Piper's interim CEO Geoffrey Berger stated: "Piper remains challenged by overall market weakness". The company hired 140 workers for the PiperJet program in 2009–10.

The company did not meet its contractual requirements to employ 1,100 people by the end of 2009; instead, employment fell to 600, and as a result, the company owed US$1.5 million.

2010

On 4 January 2010, the company announced Boeing subsidiary Aviall would act as Piper's sole global parts distributor.

In June 2010, the company announced it would shut down for a further week in August to save money.

In July 2010, CEO Kevin Gould resigned for unspecified reasons, having served just over a year in the post.

In September 2010, Piper announced the lay-off of an additional 60 production workers.

2011

He flew it until 2011, then picked Bipe Inc.—an antique airplane restoration company in North Carolina—to do a ground-up restoration of the historic airplane.

2013

Drew McEwen was appointed Piper's Vice President of Sales and Marketing in May 2013 and leads leading global sales and marketing for the company.

2014

Piper and one of our dealers there, Hanxing General Aviation Co., Ltd., exhibited a new unpressurized piston-powered Piper Matrix at Airshow China 2014, held last November in Zhuhai.

Elaine Ryan joined Piper Aircraft’s marketing team in early 2014, bringing substantial experience in copywriting, editing and photography with her.

Seminole and Garmin's GFC 700In the fall of 2014 Piper Aircraft received Type Certificate change approval from the FAA to incorporate the Garmin GFC 700 flight control system into Garmin G1000-equipped twin-engine Seminoles.

EAA, AOPA and Piper Aircraft hosted a special group of students and their teacher from Appleton, Wis., during EAA's AirVenture Oshkosh 2014.

2015

In July 2015 the company announced it was laying off 15-20% of its workers, about 150 people, as sales were faltering amongst world markets, especially Asia, Latin America and Europe.

The 2015 Fly-In celebrated the 30th anniversery of this popular event.

2018

In February 2018, Piper announced the largest order of trainer aircraft in the company's history.

2019

In April 2019 an even bigger order was announced: L3 Commercial Aviation will take delivery up to 240 new aircraft over the next ten years.

2021

In March 2021, CEO Simon Caldecott announced that he would retire in April 2021.

Work at Piper Aircraft?
Share your experience
Founded
1937
Company founded
Headquarters
Vero Beach, FL
Company headquarter
Founders
William Piper,Clarence Taylor,Gordon Taylor
Company founders
Get updates for jobs and news

Rate how well Piper Aircraft lives up to its initial vision.

Zippia waving zebra

Piper Aircraft jobs

Do you work at Piper Aircraft?

Does Piper Aircraft communicate its history to new hires?

Piper Aircraft competitors

Company nameFounded dateRevenueEmployee sizeJob openings
Mooney International1929$64.7M400-
AOPA1939$53.0M50-
Cirrus Aircraft1984$360.0M1,701203
Dassault Falcon Jet1963$1.3B3,000134
Epic Aircraft2004$19.0M35014
Thrush Aircraft2003$39.0M991
Aviation Partners Boeing1999$5.2M104-
Joby Aviation2009$136,000701294
Greenpoint Technologies1987$75.0M20045
Railway Equipment1980$4.5M105

Piper Aircraft history FAQs

Zippia gives an in-depth look into the details of Piper Aircraft, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Piper Aircraft. The employee data is based on information from people who have self-reported their past or current employments at Piper Aircraft. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Piper Aircraft. The data presented on this page does not represent the view of Piper Aircraft and its employees or that of Zippia.

Piper Aircraft may also be known as or be related to Piper Aircraft, Piper Aircraft Inc, Piper Aircraft Inc., Piper Aircraft, Inc. and Taylor Brothers Aircraft Manufacturing Company (1927–1928) Taylor Brothers Aircraft Corporation (1928–1930) Taylor Aircraft Company (1930–1937).