Dassault Hit By NetJets Cancellation
Mar 18, 2010

By Robert Wall
[email protected]
WASHINGTON

NetJets has cancelled 65 Dassault Falcon jet orders the giant fractional owner placed for delivery beyond 2014, the French aircraft maker says.

The cancellation comes after NetJets booked a $711 million loss last year and cancelled a slew of other orders as well. “These aircraft will be reordered and delivered depending on the market evolution,” Dassault says.

A total cancellation volume of 98 Falcons. drove Dassault to record to a €1.32 billion loss in its order book during 2009.

For Dassault, the development comes as the aircraft maker reached record Falcon deliveries last year, with 77 units and closed the year with an operating income of €315 million. The company also delivered 14 Rafale fighters to the French military.

AVIATION WEEK Copyright 2010, The McGraw-Hill Companies, Inc. All Rights Reserved.

Anyone care to guess what the fleet types will be at NJA in the next 3-5 years? Which aircraft fleets will be dropped? I'll start with the Ultra...

And will any new fleet types be introduced? What about the CJ4?

Any guesses????

i think we will pioneer the 747-8 in fractional service selling 1/450th shares,entry level will be the C162,the Flycatcher !

Maybe we should all become train conductors? :)

Maybe because he bought Burlington Northern & Santa Fe railroad?

Loose lips baby... :p

This is company confidential and why we're not on NJASAP no more ;)

Mea culpa,mea maxima culpa !!!:D

Yeah, precisely. NJASAP will sue you for saying that. How dare you divulge company secrets. I hope everyone still left active when all the cuts are done votes out every clown in NJASAP. Their ego has grown out of control.

Now that the busy season is a stone's throw away, Is there any word on early call backs for you guys in 2010?

None. Zip. Nada.