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Doing Business In (Insert Country Name Here) - BNA

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Aircraft & Parts (AIR) (CSF, CSV) Return to top<br />

Overview Return to top<br />

2006* 2007* *2008<br />

A. total market size 23,286 28,604 31,089<br />

B. total local production 27,250 34,052 37,457<br />

C. total exports 16,895 21,793 24,722<br />

D. total imports 12,931 16,345 18,354<br />

E. total imports from the<br />

U.S.<br />

3,157 4,250 5,139<br />

F. Euro exchange rate: Euro 0.8 Euro 0.7 Euro 0.07*<br />

USD 1.00<br />

[Figures in USD millions]<br />

Sources: GIFAS, USDoC, French Customs. Note: French Customs figures are quoted<br />

in CIF, USDoc figures are quoted in FAS.<br />

* indicates unofficial estimates based on various industry sources<br />

The French civil aerospace industry experienced another year of increased turnover in<br />

2006, which is the latest year for which any official figures are available.<br />

Reported (non-consolidated) revenue for the French civilian aerospace industry in 2006<br />

increased approximately 13 percent over 2005 to €21.8 billion (GIFAS annual report<br />

2007), a result of the dynamic air transport market. The market continues to be<br />

sustained by strong demand and by fleet renewals favoring aircraft that are more fuel<br />

efficient and more environmentally friendly.<br />

France’s aerospace industry manufacturers derive two thirds of their revenues from<br />

civilian sector programs, the majority of which are destined for export. This large export<br />

market is due to the sustained interest in Dassault Falcon Jet, Eurocopter and Airbus<br />

aircraft, all of which have products that now successfully have captured global market<br />

share. Well over 60% of French civil aerospace production was exported.<br />

Despite Airbus’ widely publicized delivery and ensuing financial problems surrounding<br />

the A380, both Airbus and Dassault Falcon Jet again raised production rates in response<br />

to record increased orders for aircraft. Six manufacturers account for the majority of the<br />

French market: Airbus (large commercial aircraft), Eurocopter (light-to-heavy<br />

helicopters), Dassault Falcon Jet (high-end business jets), ATR (passenger and cargo<br />

turboprop aircraft for regional transport), Socata (light aircraft and business turboprops),<br />

and Reims Aviation <strong>In</strong>dustries (light aircraft). With the exception of Reims Aviation, these<br />

manufacturers are owned in part or entirely by the same parent company, EADS<br />

(European Aerospace Defense & Space). Created in 2000, this consortium dominates<br />

the civil aviation market.<br />

For the tenth consecutive year, the value of orders for aircraft outweighed industry<br />

revenues (deliveries), confirming the long-term growth of this market. The continued<br />

2/15/2008 <strong>Country</strong> Commercial Guide for France 39<br />

INTERNATIONAL COPYRIGHT, U.S. & FOREIGN COMMERCIAL SERVICE AND U.S. DEPARTMENT OF STATE,<br />

© 2007. ALL RIGHTS RESERVED OUTSIDE OF THE UNITED STATES.

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