Europe

Safran Q1 revenue up nearly 16%

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Safran Q1 revenue up nearly 16%

Safran, which owns civil engine manufacturer CFM International, has posted a 15.9% increase in Q1 revenue bringing to total for the period to €3.1 billion ($4.1 billion). The growth was due to the strength of the jet engine aftermarket driven by the CFM56 and global CFMi spare parts revenue, whi...

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