JetSwiss Pilatus PULSE - April 2025

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NAVIGATING THE PC-12 MARKET LIKE A PRO

Did you see the announcement?! Of course you did. If you’re reading this publication, we know you’re an avid Pilatus enthusiast and certainly following the latest news coming from Stans, Switzerland. At JetSwiss, we have been fielding two different questions from customers, prospects, and colleagues alike. 1) What impact will the PRO have on the pre-owned market? 2) What impact will the current tariffs have on the pre-owned market? These are two very legitimate questions and certainly ones that everyone is curious about.

What impact will the PC-12 PRO have on the current PC-12 market?

Understanding basic economics, we can deduce that the PRO will have a positive impact on existing PC-12 values. Anytime there is demand for a new airplane, especially with a 3+ year backlog, it will stimulate activity on the preowned side. This coupled with the significant price increase should lead to a stabilization of pre-owned values. As we all know, Pilatus does not overproduce or discount the airplane. This has been the backbone of a stable pre-owned market and the addition of the PRO will continue that trend.

Second, what impact will the tariffs have on the pre-owned market?

This remains a bit of an unknown. Our team has been in constant communication with our customs broker, following NBAA’s guidance, and reviewing CBP (Customs Border Patrol) releases so we stay on top of this topic. As it sits today, all Pilatus aircraft imported into the United States will be subject to 10% tariff. There was a brief 31% reciprocal tariff on Swiss produced products at one point. However, there is currently a 90 day pause on that duty (clock is already running). Where this goes moving forward remains a mystery. What does this mean if you own a

Pilatus and it’s based in the Untied States? If you’re selling, you can likely eliminate foreign aircraft from your competition. Buyer’s will be less likely to search overseas for potential acquisitions. This will stimulate domestic activity and foster pricing integrity.

It remains a great time to buy and sell. As we’ve been saying for several months, the market is healthy and balanced. There is a good amount of inventory available and prices have flatlined. With the potential that 100% bonus tax depreciation will return, PRO deliveries on the horizon, and strong domestic activity, our team remains bullish on the market and the remainder of 2025.

Fly Safe, The JetSwiss Team

MARKET CHANGES IN THE LAST 30 DAYS BY

YEAR MODEL

1998, 1999, 2005, 2010, 2011, 2011, 2012, 2013, 2013, 2017, 2019, 2019*, 2020, 2021*, 2022, 2023*, 2023, 2024

0-30 Days on Market

31-60 Days on Market

61-90 Days on Market

4-6 Months on Market

7-12 Months on Market

1-2 Years on Market

FLEET LOCATION

“All Pilatus aircraft imported into the United States will be subject to 10% tariff. There was a brief 31% reciprocal tariff on Swiss produced products at one point. However, there is currently a 90 day pause on that duty (clock is already running). Where this goes moving forward remains a mystery.”

AVERAGE PRICE BY QUARTER 2020-2024

AVERAGE PRICE PAST 6 MONTHS

$8,000,000

$6,000,000 $7,000,000

$5,000,000

$4,000,000

$3,000,000

$2,000,000

$1,000,000

$-

Pilatus Appraisal Report (PAR),

$8,000,000

$8.0M

Asking Price By Total Hours

AIRCRAFT

ASKING PRICE VS. TOTAL TIME

$7,000,000

$7.0M

$6,000,000

$6.0M

$5,000,000

$5.0M

$4,000,000

$4.0M

$3.0M

$3,000,000

Similar to the Asking Price vs Model Year chart, this information helps our clients determine “the mileage on the car” for their specific budget. Want to own a low time aircraft? This chart will give you an indication on what you will spend. Note: aircraft under 1,000 hours total time historically yield much higher prices.

$2.0M

$2,000,000

$1.0M

$1,000,000

This chart reflects the current market for Pilatus PC-12 aircraft that are on the retail market. Want to know how much your Pilatus dollars will buy? This is a great place to start! As you can see, the aircraft model year plays a key factor in pricing of the aircraft–thus generates a commensurate trend curve. This data provides a baseline for our aircraft evaluations.

$8,000,000

$7,000,000

$6,000,000

$5,000,000

Asking Price By Model Year

This information helps our clients determine “the mileage on the car” for their specific budget. “Want to own a low time aircraft?” This chart will give you an indication on what you will spend. Note: aircraft under 1,000 hours total time historically yield much higher prices.

$15.0M

$13.0M

$11,000,000

$11.0M

$9,000,000

$9.0M

$7,000,000

$7.0M

$5,000,000

$5.0M

$3,000,000

$3.0M

$1.0M

$1,000,000

AIRCRAFT ASKING PRICE VS. MODEL YEAR

This chart reflects the current market for Pilatus PC-24 aircraft that are on the retail market. Want to know how much your Pilatus dollars will buy? This is a great place to start! As you can see, the aircraft model year plays a key factor in pricing of the aircraft–thus generates a commensurate trend curve. This data provides a baseline for our aircraft evaluations.

NEW PROS IN TOWN

There are some new PRO’s in town. And we are not just talking about the latest Pilatus PRO making its recent debut. Before we get into the details of the PC-12 PRO, we’ve got a pair of professionals we’re very excited to introduce. These two individuals make the good dudes club and their expertise will strengthen our core, bring time and cost efficiencies to our clients, and add a whole new level of service to what we offer. Please help us welcome two outstanding additions to our JetSwiss Aviation team: Bill Lento and Colin Coombs.

Meet Bill Lento –

A Maintenance Master

“Bill Lento!” Sound familiar? If you’ve ever visited the Pilatus Service Center here in Kansas, his name might ring a bell. He got his start working in aviation maintenance in 1998 with the Army as a crew chief on the Apache helicopter. Over the past 20 plus years, Bill has worked at KCAC as maintenance technician / QA inspector / QA manager and finally Director of Maintenance. Now, we’re proud to welcome Bill as our very own Director of Maintenance and Technical Services here at JetSwiss!

Say Hello to Colin Coombes –A Pilatus PROfessional Pilot

Colin was born and raised in South Africa where he launched his career as a Fighter Pilot and Instructor for 10 years, followed by 12 years as a Reserve Force Member. He later started his own Charter and owner flight business, specifically centered around the PC-12. Most recently, he spent 5 years in Qatar, contracted to the Qatar Emiri Air Force. Colin’s flown the PC-7, PC-12, PC21 and is looking to reach new heights with the PC-24 next. Talk about a Pilatus PROfessional pilot. We are so fortunate to have you along for the ride, Colin!

Back to More Golf Action...

With the Pilatus PRO now officially introduced, we gathered thoughts from our newly bolstered team — maintenance expert Bill, pilot Colin, and our own Chief Pilot, Scott Patrick — to get a more perspective on this latest Pilatus variant.

From the Maintenance Hangar

We asked Bill: What’s it like when a new variant enters into service?

“Maintenance training is broken down a lot like pilot training. You’ve a different course for those already familiar, and an initial course for the new folks. Since the engine is the same as the NGX, no new training is required there. We used to send our techs to Garmin for background training with the G3000 system and depending on how Garmin and Pilatus work out the details, I imagine Pilatus will offer more specialized avionics training as well.”

On Reliability

“Garmin’s track record is solid. Once the initial bugs are worked out, downtime due to avionics should drop. The big challenge early on will be spare parts availability and getting techs up to speed. But Pilatus has beefed up their support team and now even has in-house Garmin tech reps. That’ll help a lot.”

And his hot take?

“The biggest shift on the PRO is probably the anti-skid system tied to the Autoland feature. I’m curious to see whether it’s active full-time or just during Autoland ops. Either way, it’s new territory for the PC-12 airframe.”

From the Flight Deck

Scott and Colin gave us the scoop on the flying side of the PRO.

“The Garmin G3000 Prime avionics is the biggest difference from the NGX. Touch screens, simplified interface, and Autoland — it’s not just cool, it’s smart. We’ve seen the G3000 in the CJ3+ and M2, but the Prime version is an upgrade. That means fewer headaches with system failures like AGM or MAU. Garmin just works.”

Any changes for passengers?

“Not much difference in the cabin yet, at least not officially. The big story here is in the cockpit.”

What about older PC-12s?

“Not much difference in the cabin yet, at least not officially. The big story here is in the cockpit.”

Training for pilots moving up from the NGX?

“Yes, there’s some training required — they are different systems — but if you’re used to Garmin, especially the G3000, it’s not a steep climb.”

Final thoughts?

“For buyers choosing between an NGX and the Pro, it’s really about timing. Pilatus isn’t producing new NGXs anymore, so the Pro is the future. And it’s a good one.”

The PRO might be new, but for us, the mission hasn’t changed: serve our clients with integrity, experience, and the kind of teamwork that truly sets us apart. And with our newest members, we are more equipped than ever before to support each knot of your Pilatus journey. Welcome to the next chapter of Pilatus pre-owned!

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JetSwiss Pilatus PULSE - April 2025 by JetSwissAviation - Issuu