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Bizjet market easing out of the dive: deliveries are predicted to bottom out in 2004; fractional ownership remains key to longer-term prospects.(Finance, Markets & Industry)

In many respects, this year's Paris Air Show was not the ideal place to gauge the health of the business aviation market. Gulfstream and Cessna, having attended the Ebace Business Aviation Show in Geneva a few weeks earlier, both declined to make the trip, and there wasn't a Raytheon bizjet in sight. That left Bombardier and Dassault to share the stage, the former showing off its new Challenger 300 (as the Continental is now known). Global 5000 and Learjet 40 in the static park, while Dassault highlighted its Falcon 900EX and 2000 in the daily flying displays.

At the Show, Dassault Aviation CEO Charles Edelstenne acknowledged that the company--which has prided itself until ...

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