Dassault looks ahead to brighter skies
The business jet market has remained largely static over the last months, according to Dassault Aviation CEO Eric Trappier. “The situation remains unchanged, with intense price cutting, depressed pre-owned aircraft prices, and weak demand across much of the market.” Dassault has a unique situation, with a military aircraft division to provide diversification. He believes that growth in the U.S. market is facing headwinds due to uncertainty over fiscal reform, while doubt swirling around future U.S. policy is also impacting Mexico, another major business aircraft market. Despite these concerns, the company is seeing stronger demand in the secondhand market.