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Dassault Aviation ready to sign Rafale deal, ball in India's court

CEO Eric Trappier told French daily Les Echos that a bank guarantee not needed since deal guaranteed by French government

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Reuters Paris
Last Updated : May 31 2016 | 12:17 PM IST

Dassault Aviation is ready to sign a contract with India at any moment, but the ball is in India's court, chief executive Eric Trappier told French daily Les Echos in an interview published on Tuesday.

The Indian defence ministry said in April protracted talks to buy 36 French Rafale fighter jets were nearing the finish line.

"We are ready to conclude (the sale) at any moment, the ball is in the Indian government's camp," Trappier was quoted as saying.

Asked about reports in Indian media that a bank guarantee was required for the deal, he said that was not the case since the deal was already guaranteed by the French state.

Asked about business jets, Trappier said: "Business jets are a good barometer of the global economy, and, this year, it will be difficult."

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First Published: May 31 2016 | 11:39 AM IST

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