Pilatus Pauses U.S. Jet Deliveries Amid Tariff Turmoil
Swiss aircraft manufacturer Pilatus has temporarily stopped deliveries of its PC-12 and PC-24 business jets to the U.S. due to steep tariffs. The U.S. is a major market for Pilatus. The company may shift focus to other markets and expand local production to mitigate losses.
- Country:
- Switzerland
Swiss aircraft manufacturer Pilatus has announced a temporary halt in the deliveries of its PC-12 and PC-24 business jets to the U.S., citing the steep new tariffs as a major competitive disadvantage.
The company, which operates out of Stans, Switzerland, reported that the U.S. market constitutes approximately 40% of its production. The imposition of a crippling 39% import tariff by the Trump administration has sent shockwaves through Switzerland, prompting urgent discussions between officials to alleviate these trade barriers.
Pilatus faces the dilemma of skyrocketing costs and escalating customer uncertainties, prompting considerations to redirect its business jets to other markets and enhance local production capabilities, particularly with plans for a new assembly plant in Florida.
(With inputs from agencies.)
ALSO READ
Trump administration says it is creating new DOJ division to tackle fraud
Trump administration to send more border patrol agents to Minnesota, NYT reports
EXCLUSIVE-The Trump Administration killed a draft proposal to halve alcohol limits, sources say
EXCLUSIVE-Trump administration mulls payments to sway Greenlanders to join US
EXCLUSIVE-The Trump Administration killed a draft proposal to halve alcohol limits, sources say

