Wed, Apr 13, 2011
Company Says It Recorded The Best Performance In Its
2010 proved to be another year of new records for Pilatus
Aircraft Ltd, with the company generating its highest ever sales
revenue and operating income. Pilatus also delivered its 1000th
2010 saw Pilatus achieve two new records: the highest sales
result yet, $759 million, and the best operating income of all
time, $97 million. Both figures are up by more than eleven percent
on 2009. Pilatus also invested $54 million in research and
development. In contrast, both incoming orders and orders in hand
have fallen substantially over the past two years. Orders received
totalled $391 million by the end of 2010, and orders in hand
amounted to $760 million.
The growth in sales was driven by an exceptionally large order
placed by the United Arab Emirates Air Force & Air Defence.
Signed on 22 November 2009, this was the biggest order ever
accepted in the history of Pilatus. The official maiden flight of
the PC-21 took place exactly one year later to the day. Deliveries
will go ahead in 2011.
The Swiss Air Force, which already operates six PC-21s with
great success, signed a follow-up order for two further PC-21s and
associated training systems. The first Swiss Air Force military
pilots have already completed the training which takes them direct
from the PC-21 to the F/A-18 Hornet, proving the efficacy of the
revolutionary PC-21 training concept. Delivery of the 1000th PC-12
The past year has been very difficult for the business aviation
sector. The economy has not yet recovered fully in the USA, which
is the main market for the PC-12 NG. In spite of all, Pilatus
delivered seventy-nine PC-12s, and crossed the magical boundary of
1000 PC-12 deliveries in June 2010.
Two of the very first PC-12 customers bought new PC-12 NGs in
2010. The Royal Flying Doctor Service of Australia took delivery of
its 33rd PC-12 during the year under review and the Royal Canadian
Mounted Police added three new PC-12s to its fleet.
Employees again received the maximum individual profit-sharing
bonus of approximately 150 percent of monthly salary. The number of
full-time equivalents rose by just under five percent during the
past year, to 1395. Further workforce growth is planned during the
current year to meet the development requirements for a new
aircraft to be launched in the general aviation sector, the PC-24.
More information about this aircraft will be revealed to the public
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