Doing Business In (Insert Country Name Here) - BNA
Doing Business In (Insert Country Name Here) - BNA
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.