Dassault Aviation : Caution on the Falcon and visibility on military
>Marked COVID-19 impact in 2020 - During a conference call we organised yesterday with the company, CFO, Denis Dassé, spoke about the consequences of COVID-19 on the H1 2020 financial statements, with i/ a strong impact from under-activity since expenses were only reduced by limited recourse to short-time working, which in addition covers part of the payroll costs but not the structural costs, ii/ a loss of revenue, notably due to the contraction in the aftermarket (s...Dassault Aviation is a player in the civil and military aviation industry. Co. designs, manufactures and sells combat aircraft under the names Rafale, Mirage 2000, nEUROn and executive jets under the name Falcon (Falcon 7X, Falcon 900LX, Falcon 2000LX) and business jets. Co. produces combat aircraft. Rafale is a fighter aircraft with a "delta-canard" configuration. Mirage 2000 is a combat aircraft operated in environments ranging from deserts to tropical forests. nEUROn is an unmanned combat aircraft vehicle demonstrator. Falcon is used for passenger transportation by entrepreneurs, executives of companies and governments. Co. also offers maintenance services, follow up and repair services.
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