Civil aviation is going through a period of upheaval, and Dassault Aviation is no exception. While the company represents a doubly unique face in the global marketplace, combining military aviation and business aviation, the results for the first half of 2023 showed signs of weakness, especially for business jets. Falcon orders have more than tripled from the first half of 2022, with overall shipments falling as well. However, the company has maintained its goals and analysts remain optimistic about its future.
Weak orders at Dassault Aviation
From a financial perspective, Dassault Aviation’s adjusted net income increased from €318 million in the first half of 2022 to €405 million in the same period in 2023. This progress is driven by a large contribution from Thales, in which Dassault Aviation owns 24.6% of the capital, and a return to financial profitability, helped by rising interest rates.
In business aviation, Dassault Aviation’s military sector performed well. Despite a decrease in orders for the Rafale fighter compared to the previous year, additional orders from India and Indonesia are expected in the coming months. This highlights the reliability of the military sector in a complex context.
Thank you combat aviation
Thus, compared to business aviation, Dassault Aviation’s military sector performs well. Despite a decrease in orders for the Rafale fighter compared to the previous year, additional orders from India and Indonesia are expected in the coming months. This highlights the reliability of the military sector in a complex context. The company hopes to resume Falcon orders once the new Falcon 6X has been certified.
Analysts also believe that orders should recover after receiving the certificate. Despite results below expectations in terms of supply, and a 26% drop in adjusted revenue to €2.3 billion.Thus, Dassault remains optimistic.