By Tim Hepher
PARIS, March 9 (Reuters) – Dassault Aviation AM.PA highlighted negotiations for brand new Rafale fighter export orders and hit again at European critics of enterprise jets because it posted larger income on Thursday.
The maker of Rafale warplanes and Falcon enterprise jets posted 2022 working earnings of 572 million euros ($604 million), up from 527 million euros the earlier 12 months, on internet income that fell to six.93 billion euros from 7.23 billion euros.
It booked new orders price 21 billion euros, together with 92 Rafales and 64 Falcons. Shares within the French firm had been up greater than 10% to 176 euros at 1030 GMT.
It delivered 46 jets together with 32 Falcons in 2022, down from 55 together with 30 Falcons in 2021. It forecast 15 Rafale and 35 Falcon deliveries in 2023 and barely decrease gross sales, partly because of higher emphasis on the French model of Rafale, for which Dassault doesn’t straight course of the sale of all programs.
France had just lately slowed deliveries for finances causes.
CEO Eric Trappier mentioned Rafale manufacturing remained beneath capability of three planes a month and had scope for extra export contracts, including: “We’ll go in search of them”.
He mentioned Dassault remained in talks to supply 26 carrier-borne Rafales to the Indian navy, in competitors with Boeing’s BA.N F/A-18 Tremendous Hornet. Unconfirmed Indian information studies have mentioned the navy has instructed the federal government it prefers the Rafale.
Trappier confirmed export talks with Colombia and cited different prospects he didn’t determine. La Tribune newspaper reported in January that Dassault had failed to achieve a fighter cope with Bogota on the finish of 2022.
France final 12 months positioned a “Tranche 5” order for 42 Rafales.
Dassault mentioned the enterprise jet market remained energetic however had begun to gradual in the direction of the tip of the 12 months.
It’s focusing on an entry into service of its new Falcon 6X by the center of the 12 months however famous provide chain difficulties.
At a information convention, Trappier hit out at what he referred to as “aviation bashing” by environmental teams and reeled off statistics evaluating flights to different sectors of the economic system.
One 12 months’s use of the worldwide fleet of Falcon enterprise jets is equal to 24 hours of world video streaming or 5 hours of worldwide truck visitors, he mentioned.
Environmental teams say trade efforts to curb emissions don’t go far sufficient and have to concentrate on containing demand, and have significantly taken purpose in France at personal jet utilization, prompting the trade to mount a marketing campaign to revive its picture.
Trappier predicted personal jets would shift to different fuels extra rapidly than business jets as a result of their passengers could be extra more likely to pay a premium for different fuels. Business officers acknowledge the volumes are decrease, nevertheless.
($1 = 0.9473 euros)
Reporting by Tim Hepher
Modifying by Mark Potter
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