Recaro notches up post-pandemic growth record in 2022

Seating business RECARO has posted a record performance of almost 55% in 2022 and has outlined a plan for continued double-digit growth.

In 2022, RECARO generated a revenue of nearly €425 million which included double digit R&D investment). This featured the 2021 €50 million investment in RECARO Aircraft Seating’s crash facility and flam lab, followed by the €5 million facility expansion at RECARO Aircraft Seating in China and €4 million investment at its German site.

“RECARO Aircraft Seating also maintained a global footprint throughout the pandemic and has returned to strong levels of recruiting across its five international sites,” it reported.

Employing more than 2,300 personnel, RECARO Aircraft Seating celebrated its 50-year anniversary and produced nearly 100,000 passenger seats through its distinct hand manufacturing methods in 2022. Major customer awards in 2022 included Etihad selecting the bestselling CL3710, IndiGo choosing the lightweight BL3710, and the Lufthansa Group ordering 24,000 of the CL3710 and CL3810 seats.

The business has further expanded into business class with the latest fully-equipped cabins for Iberia and Air China, providing passengers with award-winning seats in business, premium and economy class. In addition, the company launched its first-ever front row monument that was built in-house with composite materials for Iberia.

“RECARO had one clear goal since the beginning of the pandemic crisis: emerge strong. Our solid 2022 numbers and growing competencies reflect our accomplishments and I am confident that we are on the right path. A major part of our success was our unique workforce strategy during pandemic, which continues to ensure job security for RECARO employees in Germany,” said Dr. Mark Hiller, chief executive of both RECARO Holding and RECARO Aircraft Seating. “Our global team demonstrated the best of performance and team spirit, and I am beyond grateful and proud to be collaborating with such a great team.”


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