SOURCE: DASSAULT AVIATION

May 02, 2006 09:17 ET

DASSAULT AVIATION : Record Sales Pace for Falcons Continues Says Dassault Chairman At EBACE Conference

Saint-Cloud Cedex 300 -- (MARKET WIRE) -- May 2, 2006 -- (Geneva, Switzerland, May 2, 2006) - During today's Dassault press conference at EBACE, Dassault Aviation Chairman and CEO, Charles Edelstenne recounted what was the best year in the history of the Falcon program with a total of 123 firm orders. "A year ago, at this same event, I was telling you that the market was strong and Dassault was seeing a very robust rate of sales," said Edelstenne. "I must admit, I didn't expect 2005 to break our previous sales record by 25%." 2005 marked the first time the company sold over 100 Falcons in one year, and this without the benefit of multiple sales to fractional providers. The Dassault Aviation consolidated 2005 sales were 3.43 billion Euros with Falcon jets accounting for 48 % of total consolidated sales.

"The year 2005 represents a high mark in the history of the Falcon program," said Edelstenne. "And demand is strong worldwide. Traditionally, about 60% of our sales have come from the U.S. Last year, that percentage was about 50%. It's not a sign of a weakening market in the U.S, but a sign of strengthening demand globally."

Growth was particularly strong in Western Europe, Russia and Ukraine as well as countries in the Middle East. Brazil and other South American countries continued to show strength especially with the Falcon 2000EX and Falcon 7X. The first ever sale of a new Falcon in China took place in late December when Citic purchased a Falcon 900DX. Citic is the largest state owned financial services holding company in China.

At the end of 2005, Dassault had a total backlog of more than 200 aircraft. More than 60 aircraft will be delivered in 2006 compared to 51 in 2005. A similar delivery rate increase is planned for 2007.

"Over the past several years, as the price of oil has steadily risen, we've seen an increased interest in Falcons around the world," said John Rosanvallon, President and CEO of Dassault Falcon. "The substantial fuel efficiency advantage, in some cases over 30%, offered by Falcons has added immeasurably to the success of our sales efforts."

A Year of Milestones

Last year witnessed a number of milestones in several Falcon programs. The Falcon 7X flew for the first time on May 5th. Three airplanes are now involved in the flight test program that is expected to last 1,350 hours. One third of this program has been completed with 570 flight hours and 185 flights performed. The flight envelope has been fully opened. Speeds up to Mach 0.93 have been achieved and the aircraft has reached 51,000 feet.

Over 80 copies of the 7X have been sold making it the most successful Dassault Falcon aircraft at this point in the life of the program. Currently 40 aircraft are in various stages of production with s/n 10 in final assembly. The next available delivery position is in the middle of 2010. To accommodate the demand, production will increase to three per month during the second half of 2007.

On May 13th, the Falcon 900DX flew for the first time. Announced in May 2004, the airplane achieved both EASA and FAA certification in October 2005 with deliveries starting shortly after. The Falcon 900DX has achieved strong global demand and 15 aircraft are currently in various stages of production.

Following on the strength of the 900DX program, the Falcon 2000DX was announced at the NBAA convention in Orlando, Florida. The 2000DX will climb to 41,000 feet in 17 minutes with a range of 3,250 nm and will have the same spacious cabin as the Falcon 2000EX. The design phase of the 2000DX has been completed with the first aircraft in the early stage of production. It will replace the very popular Falcon 2000 in late 2007 when deliveries begin.

U.S.: Ralph Aceti 201 541 4585
Andrew Ponzoni 201-541-4588
Dassault Falcon Teterboro Airport
Box 2000 - South Hackensack, NJ 07606

FRANCE: Vadim Feldzer 33 (0)1 47 11 44 13
Marie-Alexandrine Munoz 33 (0)1 47 11 64 23
Dassault Aviation 78 Quai Marcel Dassault - 92552 Saint-Cloud Cedex 300
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