50 SKY SHADES - World aviation news

Pilatus Year 2020 - despite pandemic Top Results

Download: Printable PDF Date: 22 Apr 2021 09:11 (UTC) categories:
Publisher:
Pilatus Year 2020 - despite pandemic Top Results  - Manufacturer publisher
Tatjana Obrazcova
Country: Switzerland Aircraft: Airplanes

Corona also placed great demands on Pilatus, causing turbulence for the company : Pilatus managed to maintain turnover at 1.1 billion Swiss francs nevertheless, almost the same level as in 2019, and operating income was even slightly better at 155 million Swiss francs. 129 aircraft were delivered in total and the order book is well filled at 1.7 billion Swiss francs.

What a year! There cannot be a company in the world that has not mentioned the corona pandemic and its impact on business in its Annual Report. Whilst aircraft customers remained cautious for four to six weeks, they then returned, contrary to expectations, and demand was all the stronger. Accordingly, the biggest challenge was not only dealing with the pandemic itself but, in particular, finding answers to disrupted supply chains and the threat of production delays.

129 aircraft delivered 

41 PC-24s, 82 PC-12 NGXs and six PC-21s were delivered over the past year. The PC-12 NGX and PC-24 in particular, our latest flagship products, are selling extremely well. The 100th PC-24 was handed over to our loyal customer Jetfly at the end of 2020, marking an important milestone in this as yet young programme.

With the PC-21 order from Spain signed at the end of January 2020, Pilatus achieved a very important goal towards securing the future. Starting this year, Pilatus will deliver a total of 24 PC-21s to the Spanish Air Force, the Ejército del Aire. The maiden flight of the first PC-21 for the Spanish Air Force has already taken place.

Employee bonus despite corona 

The very good year-end result is due in particular to the most important resource of all, the Pilatus workforce. For 2020, all employees will once again share personally in the company’s profits with, this year, an additional pay-out of up to 1.5 months’ salary. Pilatus has always paid its employees a bonus ever since the employee profit - sharing scheme was launched in 1995, allowing them to participate directly in the company’s success.

Oscar J. Schwenk commented on 2020: “We have come through a challenging year with flying colours. The operational management team under CEO Markus Bucher has done outstanding work. Sur viving the corona year with such a good result is proof that Pilatus is a very healthy company with a sustainable strategy which is fully supported by all. I have therefore decided to hand over the office of Chairman of the Board of Directors to new hands from summer 2021 – now is the right time. The new Chairman of the Board of Directors will be elected at the Annual General Meeting in June 2021.

In Hansueli Loosli, a current member of the Board of Directors, we have found a capable personality who is available and qualified for this office. At that time, I will also provide further information about my future responsibilities. I will remain with Pilatus, but not in an operational capacity or as Chairman of the Board of Directors. ”

Pilatus Annual Report 2020 (English/PDF)



Loading comments for Pilatus Year 2020 - despite pandemic Top Results ...


Recommended

Cathay Pacific welcomes the Airbus A350-900 & introduces Premium Economy to Dubai

Following the much-awaited resumption of its Dubai route in May, Cathay Pacific continues to stay true to its brand ethos and is ‘moving beyond’ to offer a series of enhancements. Customer...

HondaJet Elite S debuts at the 2021 EAA AirVenture in Oshkosh

Honda Aircraft Company is showcasing the upgraded HondaJet Elite S with a special paint scheme at the 2021 Experimental Aircraft Association’s AirVenture in Oshkosh. The Hond...

Gazprom and Russian Helicopters signed a cooperation agreement to supply the first Russian offshore helicopters

Vitaly Markelov, Deputy Chairman of the ''Gazprom'' Management Committee and Andrey Boginsky, Director General of ''Russian Helicopters'' signed a Strategic Cooper...

Unique aviation sensor for Long Range Awareness under Poor Visibility

The Ruselectronics holding company of Rostec State Corporation has developed a new generation hybrid TV sensor for detecting and observing distant objects in conditions of poor visibility, such as fog...