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2/24/07

Aero-News Network: French Dassault Set Record Sales Year In 2006 For Falcon Business Jets


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French Dassault Set Record Sales Year In 2006 For Falcon Business Jets

At his company's annual financial analyst meeting held Thursday, Dassault Aviation Chairman and CEO Charles Edelstenne announced record results for the second consecutive year for Falcon business jets. A total of 158 firm orders were received worldwide in 2006. This includes a $1.1 billion US order from NetJets Europe for 24 Falcon 7X tri-jets, the largest order ever for business jets in Europe. Dassault Aviation 2006 sales were 3.3 billion Euros with Falcon business jets ($4.32 billion US), accounting for 62% of total consolidated sales.

"Driven by growth outside of North America, the worldwide market for business jets remained impressive in 2006," said Edelstenne. "It wasn’t long ago that 40% of our sales came from outside the US but that number has grown to more than 60% driven this year primarily by Western Europe. It’s important to recognize that the US market has not weakened, other markets have gained strength." Growth was also particularly strong in Brazil, India and the Middle East. At the end of 2006, Dassault had a total backlog of more than 300 aircraft. Over 80 aircraft will be delivered in 2007 compared to 61 in 2006. Delivery rates will continue to increase in 2008.

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