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Safran SA (SAF.PA)

SAF.PA on Paris Stock Exchange

110.05EUR
18 Jan 2019
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Latest Key Developments (Source: Significant Developments)

Lufthansa Technik and FADEC Alliance Sign Agreement for LEAP Engine Asset Availability
Thursday, 17 Jan 2019 

Jan 17 (Reuters) - FADEC Alliance::FADEC ALLIANCE, A JV BETWEEN GE AVIATION AND FADEC INTERNATIONAL, SAYS SIGNED A 25-YEAR AGREEMENT WITH LUFTHANSA TECHNIK.FADEC ALLIANCE - AGREEMENT WITH LUFTHANSA TECHNIK TO PROVIDE FULL AUTHORITY DIGITAL ENGINE CONTROLS ASSET AVAILABILITY SUPPORT FOR LEAP ENGINES GLOBALLY.FADEC ALLIANCE - LUFTHANSA TECHNIK PLANS TO ESTABLISH A CERTIFIED REPAIR STATION IN HAMBURG, GERMANY FOR LEAP FADEC.  Full Article

CFM: Goshawk Aviation Selects Leap-1A Engine For A320neo
Tuesday, 18 Dec 2018 

Dec 18 (Reuters) - CFM INTERNATIONAL::GOSHAWK AVIATION SELECTS LEAP-1A ENGINE TO POWER NEW A320NEO AIRCRAFT.FIRST A320NEO DELIVERIES ARE EXPECTED TO BEGIN IN 2023.ORDER IS VALUED AT $350 MILLION U.S. AT LIST PRICE..  Full Article

TAP Portugal Signs GSLA For CFM LEAP-1A Engines
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - CFM::TAP PORTUGAL BECOMES PART OF THE MAINTENANCE, REPAIR AND OVERHAUL (MRO) NETWORK FOR LEAP-1A ENGINES.TAP PORTUGAL SIGNS GSLA FOR CFM LEAP-1A ENGINES.TAP AND CFM HAVE SIGNED GENERAL SUPPORT LICENSE AGREEMENT (GSLA) FOR MAINTENANCE ACTIVITIES OF LEAP-1A ENGINES.  Full Article

Boeing, Safran Joint Venture To Start Operations
Friday, 9 Nov 2018 

Nov 9 (Reuters) - Boeing Co ::BOEING, SAFRAN JOINT VENTURE TO START OPERATIONS.BOEING, SAFRAN JOINT VENTURE TO START OPERATIONS.BOEING - COMPANIES ALSO NAMED ETIENNE BOISSEAU AS CHIEF EXECUTIVE OFFICER OF JOINT VENTURE.BOEING - BOTH COMPANIES HAVE A 50 PERCENT STAKE IN JOINT VENTURE..BOEING - INITIAL TEAM WILL PERFORM DESIGN WORK IN SAN DIEGO, CALIF..BOEING - OTHERS NOMINATED TO JOINT VENTURE'S LEADERSHIP TEAM INCLUDE ERIN MORRISSEY, CHIEF FINANCIAL OFFICER.BOEING - RECEIVED REGULATORY APPROVALS FOR JOINT VENTURE.  Full Article

Safran announces repurchase and redemption of certain OCEANE bonds
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Safran SA ::* Intention to repurchase its outstanding Bonds Convertible into and/or Exchangeable for New and/or Existing Shares (OCEANEs) due 31 December 2020, via a reverse bookbuilding process.* Exercise of its early redemption option of the OCEANEs Paris, 30 October 2018.  Full Article

Safran Signs Agreement To Merge With Zodiac Aerospace
Friday, 19 Oct 2018 

Oct 19 (Reuters) - SAFRAN SA ::SIGNING OF THE AGREEMENT TO MERGE ZODIAC AEROSPACE INTO SAFRAN AND SETTING OF THE EXCHANGE RATIO.MERGER WILL HAVE LIMITED DILUTIVE IMPACT AND WILL GIVE RISE TO ISSUANCE OF SAFRAN SHARES REPRESENTING ABOUT 0.79% OF SHARE CAPITAL..  Full Article

Zunum Aero And Safran Helicopter Engines To Deliver Electric Commercial Aircraft
Thursday, 4 Oct 2018 

Oct 4 (Reuters) - Safran SA ::SA - ZUNUM AERO AND SAFRAN HELICOPTER ENGINES JOIN FORCES TO DELIVER ELECTRIC COMMERCIAL AIRCRAFT WITH UNPARALLELED EFFICIENCY.NEAR-TERM MILESTONES INCLUDE GROUND AND FLIGHT TESTING SCHEDULED FOR 2019.SAYS SAFRAN HELICOPTER ENGINES WILL PROVIDE A NEW GENERATION ENGINE TURBINE TO DRIVE ZUNUM ZA10'S ELECTRICAL GENERATOR.ZUNUM AERO, A PIONEER IN ELECTRIC AVIATION, SELECTED SAFRAN HELICOPTER ENGINES FOR ITS HYBRID-TO-ELECTRIC COMMERCIAL AIRCRAFT.COMMERCIAL AIRCRAFT, WHICH WILL BE AVAILABLE IN EARLY 2020S.  Full Article

Safran CEO aims to eliminate LEAP engine delays by end-year
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - Safran SA ::CEO SAYS CONFIRMS ZODIAC AEROSPACE SYNERGY TARGETS.CEO SAYS AIMS TO ELIMINATE LEAP ENGINE DELIVERY DELAYS BY END-YEAR.CEO SAYS ZODIAC PERFORMANCE IN LINE WITH FORECASTS, "NO GOOD OR BAD SURPRISES BUT IT REMAINS A CHALLENGE".  Full Article

Safran Says CFM International And IATA Have Signed Commercial Settlement Agreement
Tuesday, 31 Jul 2018 

July 31 (Reuters) - SAFRAN SA ::CFM INTERNATIONAL (CFM) AND INTERNATIONAL AIR TRANSPORT ASSOCIATION (IATA) HAVE SIGNED A COMMERCIAL SETTLEMENT AGREEMENT.AGREEMENT CONCERNS CFM'S MRO (MAINTENANCE, REPAIR AND OVERHAUL) POLICIES AND ACTIVITIES.  Full Article

Solvay And Safran Sign Supply Agreement For LEAP Aircraft Engine
Thursday, 19 Jul 2018 

July 19 (Reuters) - SOLVAC SA ::SOLVAY AND SAFRAN SIGN A SUPPLY AGREEMENT FOR THE LEAP AIRCRAFT ENGINE.  Full Article

UPDATE 2-Boeing delivers record 806 aircraft in 2018, shares jump 4 pct

Jan 8 Boeing Co delivered a record 806 aircraft in 2018 as it overcame supplier woes, retaining the title of the world's biggest planemaker for the seventh straight year.