Safran

Safran contracted to speed up 6th generation fighter jet engine development

Safran was contracted by the French Ministry of Armed Forces to develop high-performance turbine materials for the FCAS program....


Safran maintains profit in 2020 despite pandemic

Safran reported a net profit of €352 million in 2020, despite a 33% drop in turnover due to the crisis in the aviation sector....


Has 2020 crisis hit Rolls-Royce more than other engine manufacturers? | Data

Rolls-Royce suffered a lot in 2020. But is it’s situation worse than other engine manufacturers – Pratt & Whitney, GE Aviation and Safran?...


Safran, HAL consider assembly of Rafale M88 engine in India

Safran and HAL signed a cooperation agreement to study the assembly of the Rafale’s M88 engine in India....


"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....