Now let’s take a look at the current market.

2022 was a good year for our industry based on orders received. Dassault sold 64 aircraft, despite the cancellation of Russian orders, and significantly increased its order book. However, this growth spurt, related to the Covid episode, started to slow down during the last quarter of 2022 with a continued slowdown in the first half of this year.

Our company, like most others in the industry, is still encountering problems with the supply chain. Although we are attempting to address the issue with closer surveillance of supplier production.  The situation has affected aircraft development and production as we ramp up to meet future commitments, and has impacted support as well, which I will come back to later.

Let me now talk about current developments in programs.

The Falcon 6X has successfully completed its flight test campaign. We have submitted all documentation to certification authorities and expect a Type Certificate to be granted by EASA in the coming weeks, paving the way for entry into service. The first 6X simulator has been qualified and the first class of customer pilots will enter training soon.

Meanwhile, our MRO network is preparing for service entry, ensuring support teams are in place and parts are fully available. We have formed an integrated group called Team 1 to manage these activities All the ingredients are now in place to achieve a smooth and successful entry into service. Development of our new ultra long-range 10X is also moving forward.

As I’ve said before, this aircraft will feature the most comfortable and spacious cabin in the ultra long-range segment, and its performance capabilities will be unmatched. A full-scale mock-up is at our booth. I invite you to visit it and see for yourself how the 10X redefines the very concept of cabin spaciousness.

Testing of systems has begun, employing multiple test benches—in Istres, Mérignac and Saint Cloud.

Test results from the aircaft’s Rolls Royce Pearl 10X engine have also been extremely positive. We should have a powerplant installed on a flying test bench later this year. This engine is designed to be 100-percent SAF-capable.

As always, Dassault is placing great emphasis on ensuring the elegant design of its new models, particularly the interiors. The 6X and 10X cabins will take elegance, comfort and passenger productivity to entirely new level of excellence

The interiors of both aircraft have received prestigious design awards from the world’s leading industrial design firms among them, the Red Dot award for the 6X and the 10X, and the Good Design award for the 10X.

Our global customer service footprint continues to grow and improve in quality after overcoming some early teething problems — even as we deal with the new supply chain constraints I mentioned earlier.

Last year, we struggled to integrate new ERP software which was designed to improve worldwide spares management and provide more services to our customers.

We committed to having this issue resolved by the first quarter of this year — and I am happy to report that this goal has been achieved.

Now, however, we find ourselves in the reverse situation: the software is working well but spares are more difficult to obtain. Admittedly, the impact on our customers is the same, but I can assure you that we are working hard to find a solution for each case — doing whatever it takes!

Now, a word on developments in our Maintenance Repair and Overhaul service network. Last year, we announced additional investments in the network, with large, modern, new facilities set to open in Malaysia, Dubai and Melbourne, Florida.

Our new service center in Dubai is opening this month; the facility in Kuala Lumpur will open next year and Melbourne, US in early 2025.