Dassault order losses exceed sales

Business Jet Traveler » October 2009
Thursday, October 1, 2009 - 5:00am

Dassault Aviation logged $1.28 billion in Falcon sales in the first half of the year, down from $1.56 billion in the same period last year after order cancellations far exceeded sales. Thus, Dassault's consolidated orders for the first six months equaled negative $1.5 billion, compared with $3.4 billion in the year-ago period. The company delivered 26 Falcons in the first half of this year, versus 34 in the same span last year. Despite the weak first half, Dassault said it is still committing resources to developing the Falcon 900LX and the super-midsize Falcon SMS.

Share this...

Add your comment:

By submitting a comment, you are allowing AIN Publications to edit and use your comment in all media.

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
 

Quote/Unquote

“"I've got a list of corporations that have gotten out of their airplanes [because of criticism from politicians]. It is the stupidest thing I've ever seen. When you look at the time and cost savings; it does not make sense not to fly [privately]. You can't let public perception interfere with your business decision to fly. It either is a good business decision or it isn't."”

-business aviation entrepreneur Nick Popovich