Pilatus FY2025: Deliveries drop to 147 as U.S. tariffs and supply‑chain strains sap earnings
Pilatus posted FY2025 revenue of $2.02bn and $2.25bn of orders, but deliveries slipped to 147 (from 153) as U.S. tariffs and persistent component shortages reduced production rates and weakened earnings. The Swiss OEM is continuing U.S. expansion even as near‑term output tightens.