Air Capital Insider

Dassault sees demand for large Falcon jets slip

A Dassault Aviation Falcon jet sits at the company’s static display at Henderson Executive Airport during the 2015 National Business Aviation Association Convention in Las Vegas.
A Dassault Aviation Falcon jet sits at the company’s static display at Henderson Executive Airport during the 2015 National Business Aviation Association Convention in Las Vegas. The Wichita Eagle

Dassault Aviation, a France-based manufacturer of large cabin, long-range business jets, saw lower demand in 2015 for its Falcon aircraft priced between $25 million and $47 million.

The company said in a news release Tuesday that it took 45 Falcon orders last year but also received a cancellation of 20 Falcon orders from fractional operator NetJets.

In 2014 it took 90 orders for Falcon jets.

Falcon deliveries also were lower in 2015: 55 compared with 66 in 2014.

Dassault attributed a weakening of the global economy to lower order intake and deliveries.

“After a growth of the Falcon activity in 2014, the economic environment, especially in emerging countries, strongly impacted our prospects and customers,” the company said in Tuesday’s release.

Dassault also ended the year with a lower backlog: 91 Falcon jets compared with 121 a year ago.

The company said it would release its 2015 sales on Feb. 26.

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