The Independent Falcon Aircraft Operators Association (IFAOA) held its first annual meeting last month at the Frontiers of Flight Museum in Dallas, drawing more than 70 attendees who are owners and operators of the Dassault Falcon business jets. They represented more than 50 of the French-made aircraft.

Presentations included a Falcon market overview, valuations, supply and demand issues, OEM-approved cabin lighting upgrades, avionics obsolescence, cockpit upgrades, cabin management solutions, and insurance and cost management. “We had some great discussions about rapid increases in the cost of specific components such as engine LRUs, brakes across all models, and the high cost of avionics obsolescence,” said IFAOA founder Sean Lynch, who’s also the founder and program coordinator of Engine Assurance Program, one of the meeting’s sponsors. Other sponsors were Aircraft Lighting International, Aviation Partners, Duncan Aviation, StandardAero, and West Star Aviation.

The group was established last year to create a community of Falcon owners and operators that is a “stronger, well-organized sounding board” and to keep older models operating economically. So far, the organization claims 140 members who operate Falcon 10s, 20s, 50s, 900s, 2000s, and a 7X.