Pilatus reports another very good year
More record figures at Pilatus Aircraft Ltd in 2008: sales (CHF 661 million), incoming orders (CHF 988 million) and order volume at end of 2008 (CHF 1,197 million), were higher than ever.
Other results were also encouraging, with a record number of PC-12 deliveries in 2008 (97). All in all, a total of 114 aircraft left the Stans work halls. And Pilatus is entirely debt-free. In spite of higher sales, operating profit (CHF 55 million) was slightly lower than in 2007 (CHF 59 million), due principally to the weak US dollar.
One of the big events of the year was the certification of the new PC-12 NG, which took place on 28 March 2008 in Europe and the USA. Certifications have since also been obtained in Canada, Brazil, South Africa, Australia and Russia. 15 years after the PC-12 was launched, business is still booming, mainly thanks to the new PC-12 NG: 73 of these aircraft have already been delivered to their new owners. Our Business Unit General Aviation contributed 61 percent of total Pilatus turnover in the year under review.
A contract for cockpit refits on a further 10 Swiss Air Force PC-7s was signed in 2008. The workshops in Altenrhein had full order books, too, particularly with the maintenance and modification of DHC-6 Twin Otters made by Canadian manufacturer, Viking Air Ltd.