Dassault Sees Flat Bizjet Deliveries in 2012

AINalerts » March 22, 2012
March 22, 2012, 3:58 PM

Dassault Aviation received net orders for 36 Falcons last year, CEO Charles Edelstenne said today in Paris, noting a major improvement over 2010 when the net total was minus nine due to cancellations. These 2011 orders represented a value of €1.93 billion ($2.5 billion), and the Falcon backlog now stands at €4.2 billion ($5.5 billion).

Global regions performed differently, with China and Latin America “working well” in 2011, Edelstenne said. North Europe and Russia started picking up, while North America, South Europe and the Middle East have not come to an upturn yet, he added.

The company almost met its delivery target of 65 Falcons, delivering 63 last year. Falcon revenues thus totaled €2.42 billion ($3.1 billion) in 2011. This year, Edelstenne is expecting approximately 65 deliveries.

Development of the still-under-wraps Falcon super-midsize (SMS) is “in full swing,” he said, with the first parts–structural components–expected to be manufactured by the end of the year. The SMS is slated to fly in 2014. Edelstenne emphasized his company is not receiving any public financial support for the SMS.

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