Dassault Ponders Future Profits
In a press release, Dassault's chief executive, Charles Edelstenne, warned of a worsening bizjet market. "The world is going through a period of economic crisis," Mr Edelstenne said. "We're expecting a reduction of the [business jet] market in the coming months." He said the company would slow production of its Falcon business jets next year to around 60. This year its delivery target is between 60 and 70 planes. Falcon orders, boosted by demand for the new 7X, rose slightly to 57 in the first half from 55 in the same period last year, while deliveries dropped to 30 from 34.
Dassault, facing strong competition from politically powerful U.S. and European rivals, is struggling to sell its Rafale combat aircraft to export customers, but three-quarters of its current turnover is in business jets. Nevertheless, Edelstenne confirmed that Dassault was considering a mid-range business jet: "We are in the process of looking at whether it's reasonable to aim for an aircraft that has the essentials, the best attributes, of a Falcon at a price acceptable to the market."