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.

By Jan. 1, 2026, the TBM and Kodiak models will fall under the new Daher Aircraft division alongside Daher Industry, the latter of which covers manufacturing activities for other airframers such as Gulfstream and Dassault. Last month, the group established the Daher Industrial Services unit, which includes maintenance, repair, and overhaul capability, and Daher Logistics is due to be set up by January 2025.