Our April/May issue profiles the Q400 at 20 and delivers an update about ultra-low-cost carriers. More inside!
Delivery of 91 PC-12 NG single engine turboprops in 2016 makes the aircraft the top-selling turbine-powered business aircraft in the world. With 91 aircraft delivered to customers around the world in 2016, the PC-12 NG outpaced sales of all other individual models of turbine-powered business aircraft. In mid-2017, Pilatus will deliver the 1,500th PC-12.
At this year’s “Annual Industry Review” press conference, the General Aviation Manufacturers Association (GAMA) released its 2016 Year-End Aircraft Shipment and Billings report to the public. While the overall industry shipments of turboprops and business jets declined by three per cent, relative to 2015, Pilatus increased sales of its popular single-engine PC-12 NG turboprop by 30 per cent.
New features in the 2016 PC-12 NG increased cruise speed to 285 knots true air speed (528 kilometres per hour), reduced cabin noise levels, offered updated interior design options, and featured more than a dozen drag reduction changes to the airframe, increasing both range and speed. These enhancements were well received in the market, with demand high across the global Pilatus sales network.
“The entire Pilatus team, from engineering to manufacturing to sales and service, worked hard this year to achieve these successes in a very challenging market,” said Ignaz Gretener, vice-president of Pilatus Aircraft Ltd’s general aviation business unit. “The PC-12’s comfort, versatility, performance, resale value, and safety all come together to make it the most sought after aircraft in the market. We are honoured that our customers continue to put their trust in us, and we will never take that for granted.”
Despite an industry trend toward lower used aircraft valuations, the pre-owned PC-12 market continues to remain very strong. According to JetNet Evolution’s Marketplace Market Summary data for January 2017, just 3.7 per cent of the global fleet of PC-12s was listed for sale. A study conducted by Rolland Vincent Associates, LLC in December 2016 determined that the 10-year average annual depreciation rate for a Pilatus PC-12 was only 2.2 per cent-far lower than any other category of business jet or turboprop.