See more information from the Business Air News Handbook
Press Release
Issued by Oriens Aviation.
March 30, 2016
One of the key factors attributed to the continued success of the Swiss manufactured business aircraft, the $4.6m (USD) Pilatus PC-12 NG, is that it's a favourite with banks and financiers due to its high residual values. Businesses and private owners find that this makes financing much easier than other aircraft, which are either cheaper or many millions more expensive. An independent report shows that even a 10 year old PC-12 can hold close to 80% of its value.
Edwin Brenninkmeyer, the CEO at Biggin Hill based Oriens Aviation, the UK distributor for Pilatus, says that the PC-12 NG is always in demand worldwide and owners who buy new tend to hold on to them due to the low operating costs and functional benefits: a very long range before refuelling, great payload (loads of room for baggage/cargo) and its ability to land and depart from small airfields and grass airstrips unlike its competitors. It's also favoured for family travel as it has a built in and fully enclosed toilet.
“Pre-owned PC-12s do not stay in the sales hangar for long. The demand for these highly respected marvels of Swiss design and engineering has been a phenomenon within business aviation for two decades. The aircraft fortunately remains very much in a niche of its own,” said Edwin Brenninkmeyer.