The Skylander is going through rough weather. The french government had originally engaged 120 million euros, but has just backed off following an in-depth audit by the FSI (Strategic Investment Fund) which foresees an increase in the programme costs and reduction in deliveries. The aeronautical engineering group, GECI International, however has no intention of giving up the project and may look for private backing.
Dassault Aviation has just closed its accounts for 2011. The outcome ? Revenues down, 32 less jet deliveries, but net income up 10% thanks to its equity stake in Thales. The French manufacturer is therefore still smiling. The market should pick-up by the end of the year and all hopes are on the Rafale.
After obtaining provisional certification from the U.S. Federal Aviation Administration, the Gulfstream G280 is close to it's first delivery ! At $ 24 million each, the business jet, accommodating up to 10 passengers, features the latest technological innovations, notably in communications. Its future customers will use it as a second office. But who are they ?