Pilatus records best year in history, but order intake falters
2010 proved to be another year of new records for Pilatus Aircraft, with the company generating its highest ever sales revenue and operating income.
2010 saw Pilatus achieve two new records: the highest sales result yet (CHF 688 million), and the best operating income of all times (CHF 88 million). Both figures are up by more than eleven percent on 2009.
Pilatus also invested CHF 49 million in research and development. In contrast, both incoming orders and orders in hand have fallen substantially over the past two years. Orders received totalled CHF 355 million by the end of 2010, and orders in hand amounted to CHF 689 million.
The growth in sales was driven by an exceptionally large order placed by the United Arab Emirates Air Force & Air Defence. Signed on 22 November 2009, this was the biggest order ever accepted in the history of Pilatus.