PARIS (Reuters)-Dassault Aviation reported that due to increased military activities that offset the decline in deliveries of business jets, both sales and profits increased in the first half of this year.
The Rafale and Falcon business jet manufacturer’s operating income increased from 55 million Euros in the first half of the year to 175 million Euros (206 million U.S. dollars), and net sales increased from 2.64 billion Euros to 3.1 billion Euros.
Dassault said in a statement that the business aviation market is showing “encouraging signs of improvement,” especially in the United States.
“Nevertheless, we noticed that price pressure still exists,” it said, although it described the activity in the used jet market.
Dassault delivered 6 Falcon business jets in the first half of the year, down from 16 in the same period in 2020, and received orders for 25 aircraft, up from 5 a year ago.
It delivered 13 Rafale jets for export to India and Qatar.
The company will continue to target the delivery of 25 new Rafales and the same number of new Falcons in 2021, as well as higher net sales.
Dassault said on Wednesday that it has delivered the first of six new and 12 second-hand former French military Rafale fighters sold to Greece earlier this year.
(1 USD = 0.8498 Euro)
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