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GE Agrees On Deal To Build More Airbus Engines To Help Offset MAX Shutdown - WSJ
Safran: free cash flow challenges could remain in 2020 but company is well placed for success
Safran and Aero Engine Corporation of China to strengthen co-operation on WZ16 French-Chinese helicopter engine
Safran SA is a France-based high-technology company which produces aircraft and rocket engines and propulsion systems. It divides its work into three segments: Aerospace, Aircraft and Defense. The Aerospace Propulsion division provides engines, turbines and parts for aircraft, and rocket boosters for civil, military and spatial markets. The Aircraft Equipment division produces landing gear, wheels and carbon brakes, aircraft engine nacelles and airborne power electronics. The Defense division includes the subsidiary, Sagem, and makes systems and equipment for inertial navigation and other defense applications to be used on military transport and combat aircraft, helicopters, warships, armored vehicles and artillery systems. It operates through ISEI, Aerospace Power Distribution Management Solutions and the Integrated Cockpit Solutions business of Eaton Corporation and Zodiac Aerospace.
Aerospace & Defense
2 boulevard du General Martial Valin
Paris Cedex 15
Chairman of the Board
Chief Executive Officer, Director
Chief Financial Officer
Director Representing Employee Shareholders
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Shares in European aerospace group Airbus rose on Tuesday, after archrival Boeing said it would suspend production of its best-selling 737 MAX jetliner in January.
France's Safran SA <SAF.PA> has shelved plans to install an electric taxiing system on Airbus <AIR.PA> A320 jets after the planemaker halted discussions on the project, it chief executive said.
The head of French jet engine maker Safran <SAF.PA> has voiced caution over the ability of aerospace supply chains to ramp up quickly after the return to service of the Boeing 737 MAX, which has been grounded for months following two fatal accidents.
France's Safran and MTU Aero Engines of Germany have agreed to develop together a jet engine for a Franco-German fighter, removing a key obstacle to one of Europe's flagship defence projects.
The head of French jet engine maker Safran has voiced caution over the ability of aerospace supply chains to ramp up quickly after the return to service of the Boeing 737 MAX, which has been grounded for months following two fatal accidents.
French aerospace company Safran and Germany's MTU Aero Engines said they had agreed a deal whereby the two companies would jointly develop the engine of the next-generation European 'NGF' fighter aircraft.
French engine maker Safran <SAF.PA> and German counterpart MTU Aero Engines <MTXGn.DE> have reached an agreement to cooperate on a military jet engine, removing an obstacle to developing a Franco-German fighter, sources familiar with the matter said.
French aerospace supplier Safran SA on Thursday reaffirmed its recently upgraded full-year financial outlook as it posted higher third-quarter revenues, buoyed by sales of current-generation civil and military jet engines.
French aerospace supplier Safran SA on Thursday confirmed its full-year financial outlook, after it posted higher third-quarter revenues, buoyed by sales of current-generation civil and military jet engines.
France's Safran hiked its annual forecasts and extended the mandate of its chief executive to the end of next year, as the world's second-largest aircraft parts supplier reported stronger-than-expected first-half profits.
French aero engine maker Safran outpaced revenue growth plans in the first quarter and stuck to its goals for the year despite the grounding of the Boeing 737 MAX, sending its shares higher on Friday.
France's Safran said underlying revenues grew 12.6 percent in the first quarter as demand for civil aircraft engines, nacelles and military optronics pushed it ahead of the growth needed to meet a steady annual target of 5 percent.
Shares in French aerospace group Safran fell on Monday, which traders attributed to fallout from Sunday's crash of an Ethiopian Airlines 737 MAX 8 plane.
Engine maker CFM International has erased delays in deliveries of its LEAP jet engine for Airbus, but similar delays for Boeing will not be eliminated until the second quarter, said the head of co-owner Safran.
France's Safran predicted higher revenues and profits this year as it posted stronger 2018 figures featuring a sales boost from the acquisition of cabin maker Zodiac Aerospace.
Safran <SAF.PA> unveiled ambitions to become the world's leading aerospace supplier in 15 years, overtaking United Technologies <UTX.N>, as it pledged a research and development (R&D) spending drive while increasing cash returns to shareholders.
Safran unveiled ambitions to become the world's leading aerospace supplier in 15 years, overtaking United Technologies, as it pledged a research and development (R&D) spending drive while increasing cash returns to shareholders.
France's Safran posted stronger than expected third-quarter sales and said it was "well on track" to meeting full-year goals with the help of accelerating production of a new jet engine and stability at recently acquired Zodiac Aerospace.
France's Safran posted an 11.4 percent rise in underlying third-quarter sales, led by aerospace and defence, and said it was "well on track" to meet full-year targets with the help of accelerating production of a new jet engine.
NetJets, the luxury plane unit of Warren Buffett's Berkshire Hathaway Inc <BRKa.N>, announced a deal on Monday to purchase up to 325 Cessna Citation business jets from Textron Inc's <TXT.N> aviation unit, one of the biggest orders unveiled at a major jet show this week in...
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