Daher acquires Quest

Daher – producer of the TBM family, the fastest turboprop aircraft in its category – is taking a major step in developing the company’s airplane manufacturing business with the planned acquisition of Quest Aircraft Company, based in Sandpoint, Idaho, U.S., which builds the Kodiak 100

With this acquisition, Daher strengthens two of its strategic pillars by reinforcing its aircraft manufacturing business and consolidating the company’s leading position in the turboprop segment by widening the product family, as well as achieving a major milestone in the growth of its North American industrial and services operation.

The Kodiak 100 is a 10-seat, unpressurized, entry-level aircraft in the single-engine turboprop category.

Originally created for humanitarian missions in developing countries, the Kodiak 100 is an agile and robust aircraft, capable of operating on uneven and ultra-short runways, while offering optimal safety.

Certified in 67 countries, the Kodiak 100 is used worldwide by air-taxi, recreational and leisure operators, along with businesses, pilot-owners and humanitarian organizations.

The Kodiak 100 will be exhibited by Daher at the Paris Air Show (June 17-23) in static display area location B4.

Through this major acquisition, Daher is enhancing its presence in the general and business aviation segment by offering a wider multi-product range. Already well known for its TBM 910 and TBM 940 turboprop aircraft, Daher’s airplane portfolio has now expanded to include the Kodiak 100.

With more than 270 Kodiak aircraft in operation, this all-terrain multi-mission aircraft is used worldwide by air-taxi, recreational and leisure operators, along with businesses, pilot-owners and humanitarian organizations.

“The Quest Aircraft Company’s acquisition represents an additional step in our development in the United States and an overall strengthening of our aircraft manufacturing business,” said Daher CEO Didier Kayat. “In addition to making Daher the world’s seventh largest aircraft manufacturer in business aviation, it provides us with our first industrial site in the United States, thereby reinforcing Daher’s position as a Tier-1 aerospace equipment and systems manufacturer, as well as a logistics and services provider. This key acquisition for Daher is perfectly aligned with the strategy of intensifying our company’s links with the North American market’s leading aerospace players.”

In addition to its development and purchasing synergies, the Quest Aircraft Company’s acquisition offers excellent commercial, technological and geographical complementarities. With more than 150 years of know-how, Daher now intends to invest in this production platform to offer an enhanced services and sales network.

“Quest was built on a foundation of values that are common to our two companies, with a focus on excellence and with the commitment to a high-quality, extremely robust product,” explained Daher chairman Patrick Daher. “As a powerful and maneuverable aircraft – used particularly for humanitarian missions to provide aid to isolated communities – the Kodiak 100 perfectly complements our TBM product range and is fully in line with Daher’s long-term vision as a company committed to the future of aviation.”

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Think of the possibilities!

SQLKodiak-1018REV-copy

Suits Daher to a T and hopefully we start seeing some serious aircraft leaving Kodiak in the shape of more technologically advanced “bush”(-ish) aircraft!

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Just imagine a TBM on floats

While I am happy for both companies and that we will have a chance to see more unique aircraft in the skies, I’m pretty sad about the fact that Quest is no longer a solo company. While I do see all of the advantages in this, it seems that the real aviation game is to acquire whoever is below you until there are only two sole manufacturers: Boeing and Airbus. We already lost most to all of Embraer to Boeing, and Bombardier is slowly being eaten by Airbus, the variety is just about left to a few. I mean, we do have companies such as: Comac, Tupolev and Antonov running around somwhere, I’m mainly highlighting companies that put themselves out there in terms of commercial service.

Maybe this is just me though. Hope to see a bright future between these two :)

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