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AEROSPACE NEWS

Pilatus Reports Record-Breaking 2019 with Turnover of 1.1 Billion Swiss Francs

Key Takeaways
  • Pilatus reported a turnover of approximately 1.1 billion Swiss francs in 2019.
  • Operating income totalled 153 million Swiss francs.
  • Incoming orders amounted to 1.1 billion Swiss francs.
  • Total aircraft deliveries reached 134 - 83 PC-12 NGs, 40 PC-24s, and 11 PC-21s.
  • The PC-24 has won prestigious new clients such as Volkswagen and KSA.
  • The PC-24 has been delivered to every continent and has flown over 1,800 hours.
  • The order book for the PC-24 remains strong despite the corona crisis.
  • Employee profit-sharing model resulted in a bonus equivalent to almost 1.5 times the respective monthly salary.
  • The company has a comprehensive post-certification test campaign for the PC-24 approved for operations on rough field runways and in other conditions.
  • The company has made improvements to the PC-12 NGX with an improved engine, smarter avionics, and a completely re-designed cabin.
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Strategic Implications

Pilatus's strong performance may indicate a resilient market for business jets, despite the economic uncertainty. The company's focus on diversifying its customer base and improving its products could position it for long-term success. However, the corona crisis may have a significant impact on the company's operations and finances, and it will be important to monitor its response to the crisis.

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What Happened

Pilatus Achieves Record-Breaking Year Amid Economic Uncertainty

Pilatus reported a record-breaking year in 2019, with a turnover of 1.1 billion Swiss francs and 134 aircraft deliveries. The company’s PC-24 has won prestigious new clients and has been delivered to every continent. Despite the corona crisis, the order book for the PC-24 remains strong. Pilatus’s employee profit-sharing model resulted in a bonus equivalent to almost 1.5 times the respective monthly salary. The company has made improvements to the PC-12 NGX and has a comprehensive post-certification test campaign for the PC-24 approved for operations on rough field runways and in other conditions. The company’s performance is a testament to its commitment to innovation and customer satisfaction.

Source

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JUMPSEAT
AEROSPACE NEWS
JUMPSEAT
AEROSPACE NEWS

Pilatus Reports Record-Breaking 2019 with Turnover of 1.1 Billion Swiss Francs

Sponsored by: Jumpseat Solutions
Key Takeaways
  • Pilatus reported a turnover of approximately 1.1 billion Swiss francs in 2019.
  • Operating income totalled 153 million Swiss francs.
  • Incoming orders amounted to 1.1 billion Swiss francs.
  • Total aircraft deliveries reached 134 - 83 PC-12 NGs, 40 PC-24s, and 11 PC-21s.
  • The PC-24 has won prestigious new clients such as Volkswagen and KSA.
  • The PC-24 has been delivered to every continent and has flown over 1,800 hours.
  • The order book for the PC-24 remains strong despite the corona crisis.
  • Employee profit-sharing model resulted in a bonus equivalent to almost 1.5 times the respective monthly salary.
  • The company has a comprehensive post-certification test campaign for the PC-24 approved for operations on rough field runways and in other conditions.
  • The company has made improvements to the PC-12 NGX with an improved engine, smarter avionics, and a completely re-designed cabin.
Sign in to view key takeaways Get full access to in-depth analysis and key takeaways.
Sign In
Silver membership required Upgrade to Silver to access Key Takeaways.
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Strategic Implications

Pilatus's strong performance may indicate a resilient market for business jets, despite the economic uncertainty. The company's focus on diversifying its customer base and improving its products could position it for long-term success. However, the corona crisis may have a significant impact on the company's operations and finances, and it will be important to monitor its response to the crisis.

Sign in to view strategic implications Get full access to strategic analysis and expert insights.
Sign In
Silver membership required Upgrade to Silver to access Strategic Implications.
Upgrade

What Happened

Pilatus Achieves Record-Breaking Year Amid Economic Uncertainty

Pilatus reported a record-breaking year in 2019, with a turnover of 1.1 billion Swiss francs and 134 aircraft deliveries. The company’s PC-24 has won prestigious new clients and has been delivered to every continent. Despite the corona crisis, the order book for the PC-24 remains strong. Pilatus’s employee profit-sharing model resulted in a bonus equivalent to almost 1.5 times the respective monthly salary. The company has made improvements to the PC-12 NGX and has a comprehensive post-certification test campaign for the PC-24 approved for operations on rough field runways and in other conditions. The company’s performance is a testament to its commitment to innovation and customer satisfaction.

Source

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