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Safran sees resilient aftermarket demand despite plateauing engine shop visits

Safran CEO Olivier Andries said aftermarket activity remains on a solid trend as airlines retain aircraft and capacity, keeping retirement rates low and workscopes high. The company expects that support to persist even as engine shop visits reach a plateau, pointing to continued maintenance demand without further growth in visit volumes.

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Parts shortages are driving early dismantling of popular aircraft

Airplanes are being dismantled years before their expected retirement as airlines and asset owners seek scarce engines and other components. The trend reflects how constrained parts availability can reshape fleet economics, keeping serviceable aircraft from flying while their components support the wider operating fleet.

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Reuters

High activity

Safran’s Q3 revenue rises 14.7% to €9 billion as LEAP and aftermarket growth support 2026 outlook

Safran reported adjusted third-quarter 2026 revenue of €9.003 billion, up 14.7% year over year, with civil engine aftermarket activity up 18.7%. CEO Olivier Andriès said the company is investing to support Airbus’ Rate 75 and Boeing’s 737 Rate 63; Safran also confirmed its full-year outlook and launched the sale of its cabin business.

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