Ethiopian Airlines has signed a Memorandum of Understanding (MoU) with Safran for the provision of Z400 economy class seats for eight Boeing 777-9 aircraft. The delivery of these aircraft is set for ...
The CEO of French engine manufacturer Safran believes that Boeing will reach production targets for its 737 MAX aircraft this year.During an earnings call for the company’s 2024 results, Olivier Andri...
Safran’s ENGINeUS 100 electric engine has received the first type certification for an engine that complies with the European Union Aviation Safety Agency’s (EASA) special condition SC E-19, the world...
GE Aerospace reported a strong second quarter, but the company has lamented the supply chain constraints that has impacted its new engine output. The company produces the CFM International LEAP engine...
Safran has been selected by Boeing to provide the electrical power generation system for the X-66 flight demonstrator, a part of NASA’s Sustainable Flight Demonstrator project. ""We are very honour...
Safran has entered into exclusive discussions to acquire 100% of Preligens for an enterprise value of €220 million. Founded in 2016, Preligens provides field-proven AI analytics solutions for high-...
Italy has approved Safran's $1.8bn acquisition of Collin Aerospace's Italian-based actuation and flight control subsidiary business Microtecnica on June 6, 2024. It comes after Italy had vetoed the ac...
Safran has reported a rise in revenue of €6.2bn ($6.55bn) for the full year 2023, with “double-digit revenue growth in all business and civil aftermarket benefitting from the continued good dynamics i...
Safran's venture capital arm, Safran Corporate Ventures, has increased its investment capacity and equity stakes in startups by €50 million ($54 million) to a budget of €130 million ($141 million). ...
Safran Aircraft Engines will create a new foundry works facility in Rennes, Brittany. The facility will manufacture turbine blades for the defence sector’s M88 and the commercial CFM International LEA...
Jet engine manufacturer Safran reported a 22% increase in adjusted revenue for the full year of 2023, up from circa $20.40bn in 2022 to $24.98bn in 2023. Adjusted recurring operating income for the fu...
Turbotech and Safran have successfully tested the first hydrogen-fuelled gas turbine engine for the light aircraft market, conducted at the ArianeGroup’s Vernon test facility in France. Although the i...
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