Dassault Aviation : New Rafale prospects in the offing and Falcon valued at zero - Target price raised to € 205 vs € 175
>Falcon: an active market but in the process of normalisation - The business jets market is considered active, essentially buoyed by the US and Europe, with Asia recovering but China still lagging behind. The group declined to comment on the target for a book-to-bill of above 1x in 2023, due to macroeconomic uncertainty, but indicated that the extension of the family (6X to enter into service in mid-2023 and 10X at end-2025) renders the Falcon more attractive. Note th...
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