PNAA Recognizes Vancouver Island’s Viking Air as the Aerospace Company of the Year
LYNNWOOD, WA – March 5, 2015 – Pacific Northwest Aerospace Alliance, a non-profit trade organization dedicated to promoting the success of the Northwest Aerospace Industry, has chosen Vancouver Island-based Viking Air as the Aerospace Company of the Year for its robust growth and entrepreneurial spirit.
This award is presented annually to the aerospace company located in the Pacific Northwest which exhibits exceptional organizational characteristics while continually maintaining a strong competitive posture, thus raising the industry standard for the Pacific Northwest. This is the first time a Canadian Company has been recognized for this award.
PNAA Vice Chairman Jim Sheehan presented the award to Viking CEO David Curtis at the organization’s 14th annual aerospace conference in Lynnwood, Washington. According to PNAA’s Chairman JC Hall, “Viking exemplifies the kind of gutsy, Pacific Northwest aerospace company that starts relatively small, takes big risks to grow, and reaches out to the local aerospace community to be partners in their growth.”
Incorporated in 1970, Viking Air has grown into a world-class aerospace company operating from its 150,000 sq. ft. corporate headquarters at Victoria International Airport, and an 85,000 sq. ft. aircraft assembly facility in Calgary. Viking is the Original Equipment Manufacturer (OEM) for the Twin Otter Series 400 utility aircraft. In 2014, the company experienced its best year to date with the completion of 26 new-manufactured aircraft delivered to customers around the world.
Viking is not only a leader in its local community for export revenue, employment levels, and increasing the technical skillset in its resource base with training and long-term job opportunities, but it is also highly respected within the global aerospace industry for producing top-quality aircraft. Viking has demonstrated entrepreneurial spirit and innovation with the launch of the Twin Otter Series 400 production program, taking a proven Canadian design and incorporating modern technology to improve safety and performance.
Viking employs nearly 600 employees, with approximately 80% working in Victoria.
In 2014, Viking expanded its market reach into Japan and the United Kingdom bringing its total order book for the new Series 400 Twin Otter to 26 countries. The company also expanded its sales team with a new Regional Sales Director for Africa, the Middle East & Asia (AMEA), and two new in-country sales representatives for North Africa and Sub-Saharan Africa.
By year’s end, Viking’s annual sales revenue increased by nearly $85M, representing approximately 65% growth between 2013 and 2014. This growth in sales revenue was largely due to increases in efficiency, resulting in the delivery of eight additional aircraft in 2014, along with the ancillary parts and services. The increased efficiency was a direct result of integrating its Runway to Excellence (R2E) program, created to maximize output on a cellular / departmental level utilizing Kaizen and continuous improvement techniques.
In addition, Viking President & CEO, David Curtis worked closely with elected officials at municipal, provincial, and national levels to raise awareness of the importance of the Canadian Aerospace Industry, currently ranked 5th in the world based on GDP and contributing $28B annually to the Canadian economy. This dedication was recognized in November 2014 when Mr. Curtis was named Chair of the Board for the Aerospace Industries Association of Canada (AIAC), the national organization promoting and facilitating Canadian competitiveness in the global aerospace industry.
Since 2001, Pacific Northwest Aerospace Alliance has been promoting the growth and success of the region's aerospace industry with dynamic events designed to inspire aerospace leaders, connect aerospace interests and educate policy makers. Today, with members throughout the northwest and around the globe, PNAA is dedicated to delivering the latest market intelligence to ensure our region's competitive edge. Our unwavering commitment to sharing bold ideas, innovative technologies and leading edge processes has strengthened the industry and earned respect from the White House to the factory floor. Our members represent every segment of the aerospace industry and are responsible for designing, manufacturing and supplying parts and services that launch rockets, fly planes, and even land on Mars!
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