Dassault Aviation to slow production - report

January 20th, 2009  

Topic: Dassault Aviation to slow production - report

Dassault Aviation to slow production - report

PARIS, Jan 19 (Reuters) - French aircraft maker Dassault Aviation (AVMD.PA) plans to slow down its production and delay the launch of a new generation of Falcon corporate jets, French daily Les Echos reported on Monday.
"Overall the company's production plan should be reduced by 25 percent," the paper said.
Dassault Aviation now plans to produce eight Falcon jets each month instead of 12 between now and mid-2011, it said.
The production of the Rafale jet fighters is also expected to drop from 1.25 to 1 each month.
Les Echos said the measure had been announced at a workers' committee meeting.
Dassault Aviation could not be reached for comment. (Reporting by Dominique Vidalon; Editing by David Holmes)

January 21st, 2009  
Are they slowing production because of financial problems?
January 21st, 2009  
here is thier stock market chart <http://www.reuters.com/finance/stock...symbol=AVMD.PA> .... I imagine financial trouble would be at least part of the reason


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