Aircraft
Daher Restructures To Meet Revenue Growth Target
The manufacturer of the TBM and Kodiak aircraft is creating four new business units
Daher TBM 960 aircraft
Daher wants to boost production of general aviation aircraft, including the TBM 960.

Daher today announced progress in line with its "Take Off 2027" strategic plan, under which the French aerospace group intends to achieve growth across four newly restructured business units. The company, which makes the TBM and Kodiak families of general aviation aircraft, announced a 27 percent improvement in 2023 revenues to reach €1.65 billion ($1.78 billion) but did not disclose profit and loss figures.

For 2024, Daher is targeting an 18 percent boost in revenues, to €1.95 billion. This will be based in part on an increase in aircraft deliveries, which totaled 74 last year, including 56 TBM 910s and 960s, as well as 18 Kodiak 100s and 900s. To improve liquidity, the group has arranged a new €250 million line of credit, with Commerzbank and Caisse d’Epargne Midi-Pyrénées joining existing backers.