The
distinctive color, paint scheme and shape make the Piper Cub a very
recognizable airplane. The oilman William Piper purchased the Taylor
Aircraft Company in 1931 for $761! Gilbert Taylor remained the
president of the company with Piper in control. William Piper became
known as the "Henry Ford of aviation" because he believed in making a
simple, low-cost airplane that anyone could own. In 1936, Gilbert
Taylor went off to form Taylorcraft while a fire cause Piper to move
his company in 1937 and Piper aircraft was established. In the post
WWII era, the Piper Cub sold for $2,195. 14,125 Cubs were built with
some still made today as kit aircraft.
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