Industry Perspective: Dassault Falcon
There has been a housing bubble, a credit crunch and now an investment banking meltdown, but few are ready to say with certainty that the market for busine

There has been a housing bubble, a credit crunch and now an investment banking meltdown, but few are ready to say with certainty that the market for business airplanes will be dragged down by the financial crises now gripping Wall Street–and threatening Main Street–as the U.S. economy seems headed toward a recession.

Dassault Falcon president John Rosanvallon counts himself among those who see a continuation of business aviation’s relative good health, though he concedes sales likely will not remain at the same record levels of the last three years. But like all the major business jet manufacturers, Dassault can rely on a lengthy production backlog to help buoy the company even as it is lashed by wild stock market fluctuations, a slowdown in business jet sales to U.S. buyers, a weak dollar and uncertainty about when the global credit market’s perfect storm will pass.