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Pilatus reports positive 2021 financial year

Pilatus on April 11 released results from its 2021 financial year, which included a new production record of 152 aircraft deliveries despite the challenges of supply shortages. The aircraft maker also reported sales of 1.3 billion Swiss francs ($1.8 billion in Canadian funds), an operating result of 210 million ($285 million CDN) and incoming orders worth 1.7 billion francs ($2.3 billion CDN).

“Thanks to a great deal of hard work and flexibility, we achieved a very good result of which the entire crew may be justifiably proud. Demand for our products and services has rarely been so high,” said Markus Bucher, CEO of Pilatus. “Meeting customer expectations despite unreliable supply chains and continuing deglobaliszation will, however, ensure our work remains challenging.”

Pilatus achieved growth in sales of 19 per cent and a 35 per cent higher operating result compared to the prior year. The 152 aircraft delivered included: 45 PC-24s, 88 PC-12 NGXs, 17 PC-21s and 2 PC-6s.

Pilatus notes it succeeded in concluding a follow-up order with France for nine PC-21s and also pointed to its presentation of the PC-7 MKX, the brand-new smart basic trainer for military pilot training, as another 2021 highlight.

Pilatus displays PC-7 MKX trainer in Dubai

Describing Pilatus’ outlook for the current year, Hansueli Loosli, Chairman of the Board of Directors, noted: “We will see further turbulence in 2022. But we have got off to a good start and we look to the future with confidence. Pilatus has a unique product range and quite simply the best products in their respective niches. We also have a good order book, which provides us with a solid foundation.”