Safran News

Bloomberg Law • Siddharth Philip

Airbus to Replace Commercial Aircraft Chief, Maintains 2024 Delivery Target

Airbus plans a management transition with Lars Wagner of MTU Aero Engines set to head Commercial Aircraft from 2026 while reaffirming its commitment to delivering about 770 aircraft this year, despite ongoing supply-chain challenges affecting production and operational results.

2024-10-30T10:10:05.305420-07:00

Reuters

Safran Announces New CEOs for Aircraft Engines and Electrical & Power Units

2024-11-06T09:46:07.479194-08:00

Vertical Mag

Milestone and Safran Enhance Partnership with New Framework Agreement

2024-11-05T05:34:19.883414-08:00

Aviation Week

LEAP-1A Turbine Blade Nears Certification to Enhance Durability

2024-11-04T16:21:58.762154-08:00

Safran News Timeline

Reuters

Safran Announces New CEOs for Aircraft Engines and Electrical & Power Units Stéphane Cueille will take over as CEO of Safran Aircraft Engines, succeeding Jean-Paul Alary in early 2025. Bruno Bellanger is appointed CEO of Safran Electrical & Power, replacing Cueille, effective January 1, 2025. Both executives join Safran's Group Executive Committee.

2024-11-06T09:46:07.479194-08:00

Safran Announces New CEOs for Aircraft Engines and Electrical & Power Units

Vertical Mag

Milestone and Safran Enhance Partnership with New Framework Agreement The Milestone Aviation Group has signed a new framework agreement with Safran Helicopter Engines, underscoring their commitment to innovative and strategic collaboration in helicopter leasing. This partnership aims to leverage cutting-edge technology to enhance fleet efficiency and support global helicopter operations.

2024-11-05T05:34:19.883414-08:00

Milestone and Safran Enhance Partnership with New Framework Agreement

Aviation Week

LEAP-1A Turbine Blade Nears Certification to Enhance Durability The new high-pressure turbine (HPT) stage 1 blade design aims to improve durability and extend engine time-on-wing, addressing challenges in hot-section reliability under harsh environmental conditions.

2024-11-04T16:21:58.762154-08:00

LEAP-1A Turbine Blade Nears Certification to Enhance Durability

Aviation Week

Safran Prepares for Increased CFM Leap Engine Repairs In anticipation of the expanding CFM Leap engine fleet, Safran is scaling up its capacity for parts repair. The strategic move aims to meet the rising demand for maintenance associated with the growing number of engines in operation.

2024-11-04T10:57:14.348065-08:00

Safran Prepares for Increased CFM Leap Engine Repairs

Bloomberg Law

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Airbus to Replace Commercial Aircraft Chief, Maintains 2024 Delivery Target Airbus plans a management transition with Lars Wagner of MTU Aero Engines set to head Commercial Aircraft from 2026 while reaffirming its commitment to delivering about 770 aircraft this year, despite ongoing supply-chain challenges affecting production and operational results.

2024-10-30T10:10:05.305420-07:00

Airbus to Replace Commercial Aircraft Chief, Maintains 2024 Delivery Target

Reuters

Safran Commits €1 Billion to Double LEAP Engine MRO Capacity by 2028 Safran is investing over €1 billion and plans to hire 4,000 employees to enhance its global MRO network. The expansion targets supporting the LEAP engine fleet's anticipated growth, including extending facilities across multiple locations to accommodate 1,200 shop visits annually within the next four years.

2024-10-29T02:45:53.755781-07:00

Safran Commits €1 Billion to Double LEAP Engine MRO Capacity by 2028

Aviation Week

Safran CEO Pledges Support Amid Boeing Strike's Supply Chain Impact Safran CEO Olivier Andries announced measures to mitigate the strike's impact at Boeing on its supply chain, emphasizing a commitment to sustaining its suppliers. Proactive steps are being taken to ensure stability and continuity in the aerospace supply chain during this disruption.

2024-10-28T02:29:39.948491-07:00

Safran CEO Pledges Support Amid Boeing Strike's Supply Chain Impact

Reuters

Safran Adjusts 2024 Forecast Amid LEAP Engine Delays and Revenue Growth French aerospace firm Safran revised its full-year revenue forecast to €27.1 billion, citing delays in LEAP engine deliveries due to supply bottlenecks. Despite this, the company's profit target increased as nine-month revenues grew 17.4%, driven by Equipment, Defence, and Aircraft Interiors.

2024-10-24T22:28:17.709945-07:00

Safran Adjusts 2024 Forecast Amid LEAP Engine Delays and Revenue Growth