Piper Unveils the Piper Matrix



    
    A Cabin-Class, Six-Seat Aircraft That Blends Best-In-Class Performance,
    Luxury, and Value for Money
    

    HARTFORD, Conn., Oct. 4 /CNW/ -- AOPA EXPO 2007 -- Piper Aircraft, Inc.
unveiled the Piper Matrix, a cabin-class, six-seat aircraft based on the
world-renowned Malibu Mirage and operating with the economy of an
unpressurized aircraft, making it the perfect blend of luxury, performance and
value.
    
    (Photo:  http://www.newscom.com/cgi-bin/prnh/20071004/CLTH113 )
    
    In making the announcement here today, Piper executives underscored that
the Matrix delivers unsurpassed luxury in a niche currently unfilled in
general aviation - cabin-class, high performance aircraft, with standard air-
conditioning, at a price well below anything comparable.
    "Many of our customers and prospective buyers told us that they wanted an
airplane that provided the best in luxury, elegance and performance at a price
that is hundreds of thousands of dollars below what has been available," said
Piper President & CEO James K. Bass.  "The Piper Matrix fills those
requirements, and it does it on the finest, most proven, airframe coupled with
the most advanced technology available in General Aviation."
    Piper has already received over 100 domestic orders for 2008 production
and anticipates expansion of its production operation to satisfy demand.
    The Matrix is Piper's next generation cabin-class aircraft, featuring the
very latest in advanced glass avionics, the sophistication that comes with a
retractable gear aircraft, and the benefits of unpressurized simplicity at a
cost-beating price of $757,000.
    With more space, more range and more power than any aircraft in its
class, the Matrix and its 350 horsepower piston engine deliver a maximum
cruise speed of 215 knots and a full-fuel range of more than 1,345 nautical
miles at the aircraft's maximum operating altitude of 25,000 feet.   Carrying
an 800-pound payload at 17,500 feet - close to the maximum altitude where
oxygen cannula can be used - the Matrix achieves a maximum cruise speed of 202
knots and a range of more than 868 nautical miles.  At a typical non-oxygen
altitude of 12,000 feet, again carrying an 800-pound payload, the Matrix
delivers a maximum cruise speed of 188 knots and a range of 831 nautical
miles. At 17,500 feet and 12,000 feet, the Matrix could increase its range by
approximately 160 nautical miles by reducing cabin payload by 120 pounds and
filling the tanks with an extra 20 gallons of fuel.
    
                    Graphics/photos available upon request
    www.piper.com
    




For further information:

For further information: Mark S. Miller of Piper Aircraft, Inc., 
+1-772-299-2900, +1-772-978-6597 (Fax), m.miller@piper.com Web Site:
http://www.piper.com

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PIPER AIRCRAFT, INC.

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