Safran

"Vision" system aims for the stars to replace GPS

Vision, a daylight stellar finder allowing an aircraft to find its bearings without the use of GPS, was successfully tested....


Safran expects to suffer from Boeing 737 MAX crisis

While presenting solid financial results for the year 2019, the French aerospace manufacturer Safran revised its forecast for 2020 to take into account the impact of the Boeing 737 MAX grounding and production interruption....


Boeing 737 MAX: LEAP engine production to slow but not stop

Boeing 737 MAX: LEAP engine production to slow but not stop

Following Boeing's decision to suspend the production of the 737 MAX, the joint venture composed of Safran and General Electric Aviation should reduce the production rates of the LEAP-1B engine ‒ but not stop it....


Safran and MTU to create joint venture for FCAS engine

The French manufacturer Safran and its German counterpart MTU Aero Engines reportedly reached an agreement on the engine for the future fighter jet developed by France, Germany and Spain. After an initial development led by Safran, the two companies will create a joint venture for the certification and production....


Safran selects Olivier Andries as next Chief Executive Officer

Olivier Andries has been selected to succeed to Philippe Petitcolin as the Chief Executive Officer of the French aerospace and defense group Safran. Currently President of Safran Aircraft Engines, Andries will take office on January 1, 2021....


Safran reports strong financial results despite 737 MAX impact

French aerospace group Safran saw its operating income increased by more than 35% in the first half of 2019, despite the impact on Leap engine deliveries caused by the Boeing 737 MAX grounding. The company raises its annual revenue forecast but remains cautious....


AeroBrief | Guyana crash landing & $3B deal stuck on fan blade

In the skies on November 12, 2018: Guyana airport publishes more images of terrifying FlyJamaica incident. On a positive note, airBaltic unveils its “once in a hundred years” A220 livery; and Boeing boasts getting the ”go-ahead” for its joint venture with Safran. Meanwhile Flynas’ $3B order hangs on fan blade....


Safran and Zodiac officialize merger, set exchange ratio

Safran and Zodiac Aerospace signed on October 19, 2018, an agreement for the merger of Zodiac Aerospace into Safran, as announced on June 1, 2018. The planned merger will be submitted for the approval of Safran's Extraordinary Shareholders' Meeting to be held on November 27, 2018. ...


Valentin Safir appointed President of Safran Engineering Services

Valentin Safir started his career in 2000 with Mc Kinsey & Company where he advises major industrial actors on improvement of operational performance. He joined Labinal en 2010 as director for continuous improvement and supply chain in the wiring division. Europe & Asia....


EU approves joint venture by Boeing and Safran for APU production

EU approves joint venture by Boeing and Safran for APU production

The European Commission has approved, under the EU Merger Regulation, the creation of a joint venture by The Boeing Company of the US and Safran of France. The joint venture will manufacture auxiliary power units (APUs) that provide electrical power to the aircraft while the engines are shut down....