The Malibu Meridian is the first major aircraft program from New Piper Aircraft Inc and is a high performance turboprop development of the popular Malibu Mirage.

New Piper announced development of the Meridian at the 1997 NBAA convention. The aircraft was rolled out at Piper's Vero Beach, Florida facilities on August 13 1998 and this aircraft (an aerodynamically conforming prototype) flew for the first time on August 21 that year. Three further Meridian prototypes will enter the flight test program during 1999. Certification is planned for July 2000 with deliveries following soon after.

The Meridian's most obvious feature compared with the Malibu is its Pratt & Whitney Canada PT6A-42A turboprop. The -42A has a thermodynamic rating of 901kW (1209shp) but on the Meridian is derated to 373kW (500shp) for takeoff, which allows the engine to maintain max power through to the aircraft's 30,000ft ceiling, giving a 485km/h (262kt) cruising speed.

Major sections of the Meridian's fuselage are common with the Malibu's but the turboprop features a number of significant changes, including a stainless steel firewall, chord lengthening wing root gloves which increase wing area to ensure a stall speed of less than 113km/h (61kt), increased area horizontal tail and rudder, and increased fuel capacity.

The Meridian also gains a completely new instrument panel. Standard equipment includes a three axis S-TEC autopilot, dual 13cm (5in) colour LCD Garmin GNS 530 integrated GPS displays incorporating IFR GPS and VOR/ILS receiver with glidescope, and a Meggitt Engine Instrument Display System comprising dual LCDs presenting engine information (such as torque, temperatures and pressures, propeller RPM, outside air temperature and fuel level at destination and time to destination calculations).

An optional Electronic Flight Display System (EFDS) presents information on four Meggitt colour LCDs (two per side), comprising dual primary flight displays and dual navigation displays. Conventional instrumentation is standard.