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Sun, Dec 05, 2010

Aero-News: Quote Of The Day (12.05.10)

Aero-News: Quote of the Day

ANN's Quote of the Day usually derives from current news, though we reserve the right to pick quotes out of history that have a bearing on the day's events and issues.

Sometimes, you'll find them timely and in keeping with the content of the day's news... and sometimes, they'll just be thought-provoking.

Reader suggestions and comments are welcome... and if particularly intriguing, timely, or poignant, may themselves become future Quotes of the Day.

Let us hear from you, folks!

Aero-News Quote of the Day

"The Middle East business environment still remains challenging but confidence levels appear to be rising... Dassault has seen much greater demand over the last two quarters of the current financial year, with larger cabin jet sales and prices holding up better than smaller jets. The indicators for recovery are starting to show but even if this is not a true rebound, business has certainly resumed. Western economies are still struggling to recover but other regions are active including India, South America, Asia - and the Middle East, where we have an advantage because of our military heritage and established reputation, through the Dassault Mirage fighter jets that are operated in some GCC countries."

Source: John Rosanvallon, president and CEO of Dassault Falcon, in comments as to how his company feels that the Middle East market for business jets is beginning to show signs of recovery as confidence starts to return. Dassault has a growing fleet of Falcon business jets in the region, which it plans to grow by 30 per cent over the next three years, thanks to a solid aircraft order book from regional buyers.

FMI: www.dassaultfalcon.com


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