Activist investor The Children’s Investment Fund Management (TCI) in the UK has renewed its calls for EADS to sell its 46-percent stake, worth more than €4 billion, in Dassault Aviation.
The market for Dassault Aviation’s Falcons is “still convalescent,” according to the company’s new CEO Eric Trappier. Speaking at the company’s annual press conference back in March, he gave details on the 2012 performance and a conservative market outlook. Then, in April, at the ABACE show in Shanghai, Dassault Falcon Jet CEO John Rosanvallon expressed confidence in Asian sales growth.
CAE will offer maintenance training, including EASy II, on the Dassault Falcon 2000LXS and 2000S. The training is supplemental to initial Dassault Falcon 2000 EX EASy certification and the curriculum includes additional model-specific content.
Maintenance training on these aircraft complements CAE’s EASy II pilot training offering, which was recently qualified to Level D, making CAE the first training provider to deliver training with the latest EASy II avionics for the 7X and 2000 EASy series.
Dassault is still waiting for a recovery of the U.S. business aircraft market–a market that has “no reason not to be back,” company officials said today at EBACE. They are perplexed by worldwide sales trends. “In 2013, we had a good early start in January and February but then things were disappointing,” said Dassault Falcon Jet president and CEO John Rosanvallon. In the U.S., CEOs say they are confident about the economy “but the dynamics in Washington are not helping,” he said. In Europe, flying hours show no sign of recovery yet.
Dassault is still waiting for a recovery of the U.S. business aircraft market–a market that has “no reason not to be back,” company officials said at EBACE on Monday. As are most industry executives, the Dassault officials appeared perplexed by worldwide sales trends.
“In 2013, we had a good early start in January and February but then things went disappointing,” said John Rosanvallon, president and CEO of Dassault Falcon Jet (Booth 7090). Net sales in the first quarter reached 14, a better performance than the 10 sales during last year’s first quarter.
At the LIMA show, Dassault signed a memorandum of understanding to establish a local partnership with Strand Aerospace Malaysia. The aircraft components company, which was founded in 2006, is expected to support Dassault in engineering projects. The alliance will see a group of Strand engineers deployed to Dassault’s facility in Bordeaux, France, to get involved in design work for Falcons. “The business jet technology from Dassault Aviation is opening the door for us and will add a further feather in our cap,” said Strand Aerospace Malaysia CEO Naguib Mohd Nor.
Dassault delivered 66 Falcons last year, up from 63 the year before, the company announced today. The manufacturer expects to deliver “around 70 Falcons” this year. Last year, salespeople took orders for 58 business jets, a notable increase from 36 in 2011. The Falcon market is “still convalescent,” Dassault CEO Eric Trappier said. He hopes for a recovery, especially in the U.S. Some regions, such as South America, Russia and Northern Europe, are “very active,” he added.
Dassault Falcon awarded its two training partners, CAE and FlightSafety International, certificates demonstrating full compliance with requirements of the new Falcon training policy manual (FTPM) late last week. The certificates, which are valid for two years, cover training of pilots, maintenance personnel and cabin crew. Individual aircraft approvals will be issued throughout the year, Dassault said.
Dassault Systèmes, a 3-D design software, digital mock-up and product lifecycle management company, is displaying aerospace innovation solutions at the GIFAS (French aerospace industries) stands at the Dubai Airshow (Stands 640, 1445).
Dassault Aviation has named Eric Trappier its new chairman and CEO. The 52-year-old Frenchman, who is currently the group’s international executive vice president, is set to succeed Charles Edelstenne when he retires on January 8.