Dassault Aviation chairman and CEO Charles Edelstenne is “satisfied” with the business and military aircraft manufacturer’s financial performance for the first half of this year.
Last year’s dot-com nosedive has taken its toll on the startup companies planning to build new business aircraft and seeking ever more elusive investor funding. Notably, Century Aerospace in June indefinitely shelved its plans to build the entry-level six-place, twin-turbofan Century Jet.
Independent cabin completion and refurbishment specialist Duncan Aviation recently signed a long-term contract with Dassault Aviation to complete green Falcon 7Xs. According to a spokesman for Duncan, the first 7X arrived last Saturday at its Lincoln, Neb. facility and is due to emerge as a finished airplane in the first quarter of next year.
Since production ended nearly 20 years ago of the small, sleek Falcon 10, Dassault has concentrated on building larger business jets. But Dassault Aviation chairman Charles Edelstenne disclosed at the NBAA Convention last month that he has asked his engineers and marketers to “reopen the question” of developing a smaller jet again.
Midcoast Aviation of St. Louis has been named EADS Socata’s western hemisphere repair center. Under the terms of the agreement, Midcoast becomes the authorized repair center for the structures built by EADS Socata for the Falcon 7X.
AINtv’s David Lombardo talks with Dassault Falcon Jet president and CEO John Rosanvallon about the future of Dassault and the Falcon 7X. Click here to view.
The Dassault family again holds the majority share of Dassault Aviation, with 50.01 percent of the French aircraft manufacturer’s stock.
Dassault Aviation CEO and Gifas chairman Charles Edelstenne, speaking at French aerospace trade group Gifas’s annual meeting last month, said the French aerospace industry wrote a record E57.5 billion in orders last year but warned, “These results hide a very worrying reality. With the euro currently valued at over $1.50, orders are less profitable” since the aerospace industry sells its products in U.S. dollars.
Dassault Aviation CEO and Gifas chairman Charles Edelstenne had a sobering message for the European community despite presenting news that the French aerospace industry wrote a record €57.5 billion in orders last year. Speaking today at French aerospace trade group Gifas’s annual meeting, Edelstenne warned, “These results hide a very worrying reality.
After a series of tests, Dassault Aviation has aborted a project to install the Max-Viz