The Piper PA-47 "PiperJet" was a single-engined very light jet (VLJ) that was intended to be developed and built by Piper Aircraft. However, following a change of ownership at Piper, it was decided to redesign the aircraft as the PiperJet Altaire. Despite being technically successful, the Altaire project was canceled in October 2011 due to economic conditions. The aircraft is the first proposed single-engined civilian aircraft with a podded engine located on the tail.