Piper announces sale of training aircraft
October 12, 2011, 04:17 pm
At the recent National Business Aviation Association convention, Piper Aircraft reached an agreement with Airline Transport Professionals for the sale of 30 Piper Seminoles to bolster ATP's training fleet, Piper officials said in a release.
The twin engine Seminole is a popular training aircraft, allowing training pilots to perform advanced maneuvers in a powerful but forgiving and agile machine, Piper president and CEO Geoffrey Berger said.
"ATP chose the Piper Seminole because of its dispatch reliability, compatibility with our existing fleet, and ATP's continuing commitment to providing high-quality multi-engine flight training and experience to pilots of all certification levels," said ATP Vice President Jim Koziarski, "This large fleet purchase will enable ATP to provide students with the latest in technology and high quality training aircraft."
ATP, a pilot training company, offers multi-engine flight courses and aims to advance pilot's careers by easing the transition to light regional jet operation. The company owns a number of single engine Cessna 172 aircraft in addition to the Piper Seminoles.
Pilots who invest in their own aircraft, whether through a joint or independent purchase, often have to consider estate planning for pilots to protect their investments and ensure that the value passes to their benefactors.
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