A pilot shortage and increased demand for pilot training is an opportunity for those that build or support training aircraft, manufacturers say. Piper Aircraft President & CEO Simon Caldecott noted that Boeing recently increased its projection for new pilots needed worldwide to 800,000 over the next 20 years, up from its 2012 forecast of 535,000 pilots. Since April, when Piper announced its new lower-cost Piper Pilot 100 and 100i training aircraft, market reaction has far exceeded ...

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