Pilatus achieves US$1bn sales revenue for 2018

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Aircraft-maker Pilatus is celebrating a successful business year for 2018 after sales revenue hit 1.1 billion Swiss francs (US$1bn).

The 128 aircraft delivered in total included the first PC-24. Pilatus continued to make improvements to the PC-24 in parallel, pushing ahead with various post-certification test programs aimed at delivering all aircraft capabilities promised to customers at the outset. The next milestone for the company will be to reopen PC-24 orders.

Overall, 18 PC-24s were handed over to customers in the past year. Sales revenue surpassed the one billion mark for the first time since 2015. Following incoming orders worth 1 billion Swiss francs, the current order volume stands at 2.1 billion Swiss francs (US$2bn).

Commenting on these results, chairman Oscar J. Schwenk said, “I am pleased to note that financial 2018 was a very successful year for us, a year in which a great deal of energy went into performing much detailed work.

“This work will take us forward throughout the coming year, creating added benefit for our customers. This is the year in which the reputation of the PC-24 and all other related services will be established. We are consistent in our efforts towards that goal, thereby consolidating our success and our future.”

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Kirstie worked full-time on Business Airport International for over two years and is now a freelance journalist. Away from her writing commitments, you will find her blogging on her lifestyle website or training for her next charity run.

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