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Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at
www.airborne-live.net

Wed, Apr 06, 2016

Pilatus Sales Revenue Trend Continues To Be Solid

Surpasses The One Billion Swiss Franc Mark For The Third Time

Pilatus reports that excellent sales revenue figures of 1.1 billion Swiss francs (About $1.15 billion) ensure continuation of the revenue trend achieved by Pilatus in recent years. Operating results, at 191 million Swiss francs, were also outstanding. They say sixty-three new jobs were created in Stans alone during the past year, and there was more major investment in site infrastructure. According to Pilatus, the PC-24 development program is progressing as scheduled; a number of significant program milestones were reached during the year under review.

Pilatus said they more than doubled incoming orders compared to the previous year. Orders in hand at the end of 2015 amounted to a handsome 1.4 billion Swiss francs, providing a comfortable base for the future. The largest fleet order was received from the Royal Australian Air Force (RAAF), which ordered 49 PC-21s in December last year. The PC-21 will be used to train the RAAF's future military pilots.

Pilatus reports that in 2015 they built and delivered 121 aircraft to customers all over the world. Around half were civilian models, the remainder were trainer aircraft. They say the civilian market is showing signs of recovering from the financial and economic crisis of 2008. In 2015 they reported delivering a total of 70 PC-12 NGs. They added that once again, North America, to which 49 PC-12 NGs were delivered, was by far their most important market.

Pilatus presented the new 2016 version of its PC-12 NG, boasting a five-blade composite propeller and various aerodynamic improvements. Occupying an important place in the Pilatus portfolio, Pilatus says the PC-12 NG will remain the object of further development moving forward into the future.

(Image from file)

FMI: www.pilatus-aircraft.com

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