Pilatus Aircraft Reports 2021 Sales Record of 152 Aircraft

Swiss OEM says demand in military and general aviation helped results.

Jonathan Welsh

Tuesday, April 12, 2022 at 03:21 PM ET

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Pilatus said it sold 88 PC-12 NGX aircraft in 2021. [Courtesy: Pilatus Aircraft]

Key Takeaways:

Pilatus Aircraft achieved record sales of $1.4 billion (up 19%) and a 35% increase in operating income for 2021, delivering a record 152 aircraft.
This strong performance was driven by high demand across both the general aviation market (e.g., PC-24, PC-12 NGX) and military sectors (e.g., PC-21 trainers).
Despite the growth, the company faced significant challenges from supply chain disruptions, which led to production difficulties and increased costs.

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Pilatus Aircraft says its sales rose 19 percent in 2021 despite supply chain disruptions and helped drive deliveries to a record of 152 aircraft, adding that the results reflect growth in the general aviation and military markets.

Sales totaled 1.3 billion Swiss francs—or $1.4 billion—up 19 percent from the previous year, and its operating income was 210 million Swiss francs—or about $226 million—a 35 percent increase from 2020. The company also said it has incoming orders of 1.7 billion Swiss francs or about $1.8 billion.