Dassault's 2005 profits fall, despite record Falcon business jet orders

Paul

Veteran
Nov 15, 2005
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Dassault Aviation posted a slight decline in 2005 sales and profits, despite a record year for Falcon business jet orders.

The French airframer ended 2005 with an order book of €4.53 billion ($5.4 billion), an increase of nearly 13% on 2004’s results, with the Falcon family of business jets accounting for 90% of the total. The company released its annual figures at a press conference in Paris today.

The group saw a record 123 orders for Falcon Jets, the first time it has sold more than 100 of the aircraft “and this without the benefit of multiple sales to fractional operators,â€￾ Dassault says.

Overall, Dassault posted consolidated sales of €3.43 billion, a slight decline on 2004’s total of €3.45 billion, with Falcon aircraft accounting for 48% of this total, defence sales in France providing 39% and the remaining 13% coming from defence exports.

Flight International