Piper Aircraft has introduced their new PiperJet, a personal aircraft that will offer a blend of "performance and luxury" than few others can compete with. The single-engine jet holds up to six passengers in a luxurious cabin that is both roomy and comfortable. It will have a cruising speed of 360 knots, a maximum altitude of 35,000 feet and a range of 1,300 nautical miles, so it can do cross country trips with only one stop to refuel. The plane is priced at just $2.2 million.