Aircraft Interiors International
  • News
    • Aircraft Safety
    • Aircraft Seating
    • Airline News
    • Airframer News
    • Cabin Design
    • Catering & Onboard Retail
    • Galleys & Monuments
    • Industry News
    • Inflight Amenities
    • Inflight Connectivity
    • In-flight Entertainment
    • Materials. Trim & Finish
    • MRO
    • Passenger Experience
    • Passenger Health & Safety
    • Sustainability
  • Features
  • Online Magazines
    • March 2025
    • Design Showcase 2025
    • November 2024
    • March 2024
    • November 2023
    • Aug/Sep 2023
    • Archive Issues
    • Subscribe Free!
  • Opinion
  • Videos
  • Images
  • Supplier Spotlight
  • Jobs
    • Browse Industry Jobs
    • Post a Job – It’s FREE!
    • Manage Jobs (Employers)
  • Events
LinkedIn YouTube X (Twitter)
LinkedIn YouTube
Subscribe to Magazine Subscribe to Email Newsletter Media Pack
Aircraft Interiors International
  • News
      • Aircraft Safety
      • Aircraft Seating
      • Airline News
      • Airframer News
      • Cabin Design
      • Catering & Onboard Retail
      • Galleys & Monuments
      • Industry News
      • Inflight Amenities
      • Inflight Connectivity
      • In-flight Entertainment
      • Materials. Trim & Finish
      • MRO
      • Passenger Experience
      • Passenger Health & Safety
      • Sustainability
  • Features
  • Online Magazines
    1. March 2025
    2. Design Showcase 2025
    3. November 2024
    4. September 2024
    5. May 2024
    6. March 2024
    7. Design Showcase 2024
    8. Archive Issues
    9. Subscribe Free!
    Featured
    March 6, 2025

    The March 2025 issue of Aircraft Interiors International is out!

    Accessibility By Web Team
    Recent

    The March 2025 issue of Aircraft Interiors International is out!

    March 6, 2025

    The 2025 Aircraft Interiors International Showcase issue is out!

    January 13, 2025

    The November 2024 issue of Aircraft Interiors International is out!

    November 13, 2024
  • Opinion
  • Videos
  • Podcast
  • Images
  • Supplier Spotlight
  • Jobs
    • Browse Industry Jobs
    • Post a Job – It’s FREE!
    • Manage Jobs (Employers)
  • Events
LinkedIn YouTube
Aircraft Interiors International
Industry News

Recaro “pulverized” previous revenue records in 2018

Adam GavineBy Adam GavineApril 25, 20192 Mins Read
Share LinkedIn Twitter Facebook Email
The CL6710 business class seat represents a major part of Recaro's growth ambitions

Aircraft seating manufacturer, Recaro has announced that its 2018 revenues grew by 22% to reach almost €600 million – this marks more than 15 years of non-stop, double-digit growth during a period when the global passenger seat market grew by approximately 5% per year.

Dr Mark Hiller, CEO of Recaro Aircraft Seating said of the financial results, “2018 was a tremendously successful year for Recaro. Over the past 15 years we grew approximately 10% annually, twice the rate of the market. Last year, however, we outperformed the industry four times and grew 22%. I am extremely happy to say we pulverized all our previous revenue records.”

Recaro has stated that it intends to invest 10% of this positive revenue back into the company to fuel further growth. This investment will be partly used to further company expansion in Germany and globally and partly to enable extra investment in research and development. Recaro is already a market leader in the economy class seating segment, and this plan is to help Recaro achieve its goal of eventually also becoming the number one supplier in the business class seat market.

To increase its footprint in the industry Recaro has also launched the space2grow project. This project envisages expansion of the company’s headquarters in Schwaebisch Hall, Germany and other locations over the next five years. Opening cut2dress, a new dress cover site in Poland in November 2018, formed part of the space2grow project. The first dress covers produced by this new site are already flying with airlines.

The revenue growth is also enabling Recaro to invest in staff and create additional positions. Recaro hired 430 new employees globally in 2018, which brought the total number of staff to 2,600 people. In 2019 the company plans to increase the global headcount to approximately 3,000. In Germany alone the aircraft seat manufacturer will hire more than 100 employees.

Share. Twitter LinkedIn Facebook Email
Previous ArticleAir Premia reveals first details of Dreamliner cabins
Next Article Sri Lanka flight bookings suffer mass cancellations
Adam Gavine
  • X (Twitter)

Adam loves air travel, and since taking on the Aircraft Interiors International brand he has really enjoyed the opportunity to be involved with the latest aircraft and airline products before they are even launched. Adam co-ordinates the growth of the brand platform, and sits on various panels, including the Crystal Cabin Awards

Related Posts

In-flight Entertainment

Encore signs exclusive esports IFE distribution deal with Blast

May 23, 20252 Mins Read
Airline News

Royal Air Maroc brings in scalable IFE upgrades

May 23, 20252 Mins Read
Aircraft Seating

Luxair selects Recaro R2 SFE economy seat

May 23, 20252 Mins Read
Latest Posts

Encore signs exclusive esports IFE distribution deal with Blast

May 23, 2025

Royal Air Maroc brings in scalable IFE upgrades

May 23, 2025

Luxair selects Recaro R2 SFE economy seat

May 23, 2025
Supplier Spotlights
Our Social Channels
  • YouTube
  • LinkedIn
Getting in Touch
  • Subscribe to Magazine
  • Meet The Editors
  • Contact Us
  • Media Pack
Related Topics
  • Aerospace Testing
  • Business Airport
  • Business Jet Interiors
FREE WEEKLY NEWS EMAIL!

Get the 'best of the week' from this website direct to your inbox every Wednesday


© 2023 Mark Allen Group Ltd | All Rights Reserved
  • Cookie Policy
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.