Dassault sees continuing weakness in developing markets

Dassault say they have seen a recovery in key USA and Northern Europe markets, but a continuing slowdown elsewhere.

ALSO SEE: Dassault Falcon 8X: Buyer’s and Investor’s Guide

Speaking during the company’s EBACE press conference, Dassault Aviation chairman and CEO Eric Trappier said the company was happy with the 90 orders for Falcons it received during 2014, but that the company ” … still felt the consequences of the difficult economic climate in South America, the political crisis in Ukraine and the slowdown in the Chinese market.”

“On the one hand, our Falcon 2000S and LXS twins are enjoying a strong demand, especially in the USA where customers value the extra comfort and performance they offer compared to their lower cost competitors.” continued Trappier, ” Their mix of cabin volume and performance also makes these aircraft very attractive on the multirole market, where we won competitions for medical evacuation and also for maritime surveillance with the Japan Coast Guards.”

“On the other hand, I don’t see the market in South America, the CIS or China picking up much, even though our Falcon 7X and 8X are raising a lot of interest there.”