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Pilatus Maintains Strong Performance Amid COVID-19 Challenges

April 22, 2021

2 min read

Key Takeaways

Pilatus maintained turnover at 1.1 billion Swiss francs in 2020.
Operating income was slightly better than in 2019 at 155 million Swiss francs.
129 aircraft were delivered, with 41 PC-24s and 82 PC-12 NGXs.
The company's order book is well-filled at 1.7 billion Swiss francs.

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Strategic Implications

Pilatus's strong performance may indicate the resilience of the business aviation market during the pandemic. The company's focus on delivering high-demand aircraft models like the PC-24 and PC-12 NGX suggests a successful product strategy. However, the company's ability to manage supply chain disruptions and production delays may be a key factor in its success.

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What Happened

Swiss Manufacturer Sees Robust Demand for PC-24 and PC-12 NGX

Pilatus reported a strong year despite the challenges posed by the COVID-19 pandemic. The company delivered 129 aircraft, including 41 PC-24s and 82 PC-12 NGXs, and maintained its turnover at 1.1 billion Swiss francs. The order book is well-filled at 1.7 billion Swiss francs. Pilatus’s employee bonus scheme, which has been in place since 1995, was also a highlight of the year. The company’s CEO, Markus Bucher, announced his decision to step down as Chairman of the Board of Directors in favor of Hansueli Loosli, a current member of the Board.

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