According to Dassault Aviation chairman and CEO Charles Edelstenne, the French aircraft manufacturer is planning on moving some of its activities out of Europe because of the weak dollar’s effect on its bottom line. The company’s production is based in Europe and its costs are calculated in euros, but it sells its airplanes in dollars. Since 2005, the U.S. dollar has depreciated 30 percent against the euro.
The pace of orders and deliveries for Dassault Falcons slowed significantly during the first half of this year, company officials said at a press conference on October 1 at Dassault’s Saint-Cloud headquarters near Paris.
Russian defense export agency Rosoboronexport is expected to announce a $2.2 billion order from Saudi Arabia for Mi-17 and Mi-35 military helicopters today.
The deal translates into another of a humiliating series of lost contracts for the French defense industry, which now appears certain to undergo a re-evaluation of its export policy.
Bahrain: The Royal Bahraini Air Force acquired its first batch of
F-16s in May 1990, having ordered eight Block 40 F-16Cs and four
F-16Ds through foreign military sales (Peace Crown I) channels in 1987. They flew missions during Desert Storm in 1991.
Forty years ago, late in the afternoon of May 4, 1963, the first Falcon business jet–then known as the Mystère 20 and powered by a pair of Pratt & Whitney JT12A-8 turbojets–took to the air for the first time at Bordeaux-Merignac Airport in southwest France.
Over the past decade or so, Dassault Aviation has raised the eyebrows of some business aircraft industry analysts. Why, some asked, didn’t the French airframer follow Bombardier and Gulfstream in the charge to develop an ultra-long-range corporate jet? Why, others wondered, hasn’t Dassault matched the offerings of Cessna and Raytheon in the ever-expanding small and midsize business jet sectors?
The long-awaited competition to supply 126 new fighters to the Indian Air Force (IAF) is formally under way. The six contenders for the Medium Multi-Role Combat Aircraft (MMRCA) requirement have received a formal request for proposals (RFP), and must respond by next March. The Boeing F/A-18E/F, Dassault Rafale, Eurofighter Typhoon, Lockheed Martin F-16, RSK MiG-35 and Saab Gripen will be evaluated.
In our final edition at the recent Paris Air Show we revealed that Saudi Arabia had already concluded a contract for 72 Eurofighter Typhoons with the UK government worth $16 billion for the airframes alone.
This year’s Paris Air Show at Le Bourget provided an opportunity for me to see Dassault’s new Falcon 7X up close before I got my chance at the left seat, alongside Dassault 26-year veteran senior test pilot Yves (Bill) Kerherve, who has since retired from the company. A former French Navy fighter pilot, Kerherve flew the ultra-quiet 7X through a series of maneuvers for the crowd on the opening day of the show.
Jack Pelton, chairman, president and CEO of Cessna Aircraft, and John Rosanvallon, president and CEO of Dassault Falcon, have been elected to the board of Corporate Angel Network, the nonprofit that arranges free flights for cancer patients using empty seats on business aircraft. Dassault Falcon also announced the promotion of Jeff Habib to senior vice president of U.S. sales.