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Pilatus Aircraft Sees Lower Earnings Amid Tariffs and Supply Chain Disruption

March 3, 2026

2 min read

Key Takeaways

Pilatus Aircraft reported $2.02 billion in sales for 2025.
Operating earnings fell to $205 million due to tariffs and supply chain issues.
The company's order book remains strong at $3.57 billion.
Deliveries decreased to 147 aircraft in 2025.

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Strategic Implications

Pilatus' performance may indicate the impact of global trade tensions on aerospace manufacturers. The company's efforts to expand its North American footprint could suggest a strategic shift towards diversifying its market presence, which may help mitigate risks associated with tariffs and supply chain disruptions.

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What Happened

Swiss Manufacturer Faces Challenges Despite Strong Order Book

Pilatus Aircraft reported a mixed 2025 performance, with sales inching higher to $2.02 billion but operating earnings falling to $205 million due to the effects of US trade tariffs, a sharp decline in the dollar, and supply-chain disruption. Despite these challenges, the company’s order book remained strong, standing at approximately $3.57 billion at the end of the year. Pilatus delivered 147 aircraft in 2025, with the PC-21 output rising. The company has continued to expand its North American presence and has secured new contracts for the PC-7 MKX in Europe. This news was first reported by AeroTime.

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