Airbus Group and Safran To Join Forces in Launcher Activities

Airbus Group (stock exchange symbol: AIR) and Safran (stock exchange symbol: SAF) are further strengthening their relationship to propose a new family of competitive, versatile and efficient space launchers, to serve both commercial and institutional needs. In this context, both companies have agreed to create a 50-50 Joint Venture, with a key role for each … Dowiedz się więcej

Delta Air Lines Selects CFM56-5B Engines for A321ceo Family

Delta Air Lines today announced that is has selected CFM International’s CFM56-5B engine s to power 15 firm A321ceo (current engine option) aircraft. The new aircraft, which were also announced today, will begin delivery in 2018. These airplanes will join the other 126 CFM-powered A320 family aircraft Delta current operates. The airline plans to use … Dowiedz się więcej

Safran reports first-quarter 2014 revenue growth of 3.3% (4.9% at constant currency) driven by civil aviation business

Growth in line with annual outlook; the target for adjusted recurring operating income growth is confirmed, notably due to currency hedging All revenue figures in this press release represent adjusted[1] revenue. Please refer to definitions contained in the Notes on page 7. Comparisons are established against 2013 figures restated for the application of IFRS 11, … Dowiedz się więcej

Safran: record 2013 results

Full-year 2013 adjusted revenue was Euro 14,695 million, up 8.4% year-on-year (8.2% organic). Adjusted recurring [2] operating income of Euro 1,788 million (12.2% of revenue), rose 23.8% year-on-year. After a net charge of Euro (31) million for one-off items, adjusted profit from operations was Euro 1,757 million. Adjusted net income – Group share – up 22% from FY … Dowiedz się więcej

Safran to acquire the Aerospace Power Distribution Management Solutions and Integrated Cockpit Solution

Safran (NYSE Euronext Paris: SAF) today announces the signature of a definitive agreement to acquire the Aerospace Power Distribution Management Solutions and the Integrated Cockpit Solutions business of Eaton. The acquisition of the Aerospace Power Distribution Management Solutions business brings key contactor and circuit breaker technologies to Safran. As the continuation of Safran’s strategy addressing … Dowiedz się więcej