FINANCIAL NEWS

France’s Dassault Falcon eyes 30% growth in ME

12 Dec 2010

(MENAFN) John Rosanvallon, President and Chief Executive Officer of aircraft manufacturer, Dassault Falcon, announced that the firm sees a 30 percent growth in its Middle East fleet, as the region’s business jets market is beginning to show signs of recovery, Khaleej Times reported.

According to Rosanvallon, the forecasted growth is driven by the rising level of private aviation activity, indicated by the increasing number of hours being flown by business jet operators in the region, in addition to the accelerated demand for new aircraft.

During the last two years, Dassault Falcon sold fourteen aircraft in the Middle and has a backlog of fifteen additional aircraft to be delivered to regional buyers by 2013. The aircraft manufacturer’s current regional fleet comprising of sixty business jets, is expected to grow by one third over the next three years, he revealed.

Official company data shows that 40 percent of the Dassault’s new business jet sales are coming from the Falcon 7X, and the company will deliver its tenth Falcon 7X to the Middle East before the end of 2010.

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