Unprecedented Success in 2023

Swiss aircraft manufacturer Pilatus has marked 2023 as a year of unparalleled achievement, delivering an impressive total of 148 aircraft to its global customer base. This milestone is attributed to a sustained high demand for its executive jet and turboprop aircraft, despite the operational challenges posed by the global environment. Pilatus has proudly announced a record-breaking sales revenue of 1.48 billion Swiss francs ($1.69 billion) for the year. The operating income has reached 240 million Swiss francs ($274 million), with new orders amounting to 1.51 billion Swiss francs ($1.72 billion). This represents a significant 10% increase in sales and a 6% rise in operating income compared to the previous year, underscoring the company’s robust growth trajectory.

The distribution of aircraft deliveries includes 47 PC-24 twinjet and 101 PC-12 single turboprop executive aircraft. These accomplishments were realized despite notable supply chain disruptions and production bottlenecks, highlighting Pilatus’ resilience and dedication to excellence. Hansueli Loosli, Chairman of Pilatus, emphasized the company’s investment in product innovation, workforce development, and infrastructure expansion, all aimed at better serving customer needs and securing a prosperous future. Markus Bucher, CEO of Pilatus, also underscored the importance of these results in laying a foundation for continued success and sustainability.

Strategic Growth and Sustainable Initiatives

In 2023, Pilatus not only celebrated its commercial successes but also made significant strides in expanding its operations and enhancing its product offerings. The company marked the delivery of its 2,000th PC-12 aircraft and introduced the new PC-24 business jet model, which boasts increased payload and range capabilities. This innovation is a testament to Pilatus’ commitment to continuous improvement and customer satisfaction.

On the workforce front, Pilatus expanded its team to 2,848 employees by the end of 2023, further strengthening its production capabilities. A key development was the phased acquisition of machinery and personnel from RUAG Aerostructures Schweiz AG, enhancing its manufacturing footprint. Additionally, Pilatus broadened its service network by acquiring Aero Center Epps in Atlanta, thereby extending its support to customers on the US east coast.

Looking to the future, Pilatus is focused on tapping into new sales markets, driving product development, and fulfilling customer needs with precision. The company is investing in infrastructure with an eye towards sustainability, as seen in the planned extension of its main logistics building and the construction of a new maintenance hangar in Switzerland. This hangar, built from Swiss timber and equipped with a photovoltaic system and geothermal energy utilization, symbolizes Pilatus’ commitment to reducing CO2 emissions and championing sustainable business practices.

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