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Pilatus Reports Strong Financial Results for 2022

March 2, 2023

1 min read

Key Takeaways

Pilatus achieved sales of 1.3 billion Swiss francs.
Operating income reached 226 million Swiss francs.
Orders worth 1.6 billion Swiss francs were received.
40 PC-24s, 80 PC-12 NGXs, 10 PC-21s, and 3 PC-6s were delivered in 2022.

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Strategic Implications

Pilatus's strong financial performance may indicate a stable market demand for its aircraft, despite global supply chain disruptions. The company's focus on delivering high-demand models like the PC-24 and PC-12 NGX suggests a competitive advantage in the general aviation market. However, the decision to increase employee salaries may signal a shift in Pilatus's priorities, potentially impacting its bottom line.

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What Happened

Swiss Aviation Company Sees Record Sales and Delivers 40 PC-24s and 80 PC-12 NGXs

Pilatus reported a successful 2022 financial year, driven by high demand for its aircraft. The company delivered 40 PC-24s, 80 PC-12 NGXs, and 10 PC-21s, and received 1.6 billion Swiss francs in orders. Pilatus acquired Skytech Inc. and increased employee salaries, and is planning to build a new maintenance hangar and composite component production facility in 2023. The company’s CEO and Chairman expressed confidence in the company’s future prospects.

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