Word: cessnas
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Dates: during 1960-1969
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...times larger than the commercial airline fleet, and 30,000 small planes are used by business alone. In its 32 years. Piper has produced nearly 54,000 civilian planes, more than any other company. It now accounts for one-third of all private aircraft produced, although its chief competitors, Cessna and Beech, are ahead in dollar volume. Last year Piper sold $40 million worth of planes, ranging from its two-seat, single-engined Super Cub ($7,880) to its de luxe, twin-engined Aztec ($55,000). Though sales are holding up, Bill Piper expects profits to be down somewhat this...