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Safran SA (SAF.PA)

SAF.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Safran Signs Contract With Egyptair For Maintenance Services
Tuesday, 23 Jan 2018 

Jan 23 (Reuters) - SAFRAN ::SIGNS CONTRACT WITH EGYPTAIR FOR MAINTENANCE SERVICES ON AIRBUS A330 THRUST REVERSERS‍​.THE LONG-TERM AGREEMENT WILL BE BACKED BY SAFRAN NACELLES' GLOBAL MAINTENANCE, REPAIR AND OVERHAUL (MRO) NETWORK‍​.  Full Article

CFM And Hainan Airlines Sign $4.2 Bln MoU For Leap-1A Engines And Services
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - CFM INTERNATIONAL::HAINAN AIRLINES SIGNS WITH CFM INTERNATIONAL $4.2 BILLION MOU FOR LEAP-1A ENGINES AND SERVICES.ENGINES TO POWER 55 AIRBUS A320NEO AIRCRAFT, ALONG WITH LONG-TERM SUPPORT AGREEMENT FOR HAINAN AIRLINES HOLDING AND AFFILIATES‍​.  Full Article

Willis Lease Finance Says Entered Agreement With GE For Purchase Of 5 Modern Technology GE Aircraft Engines ‍​
Friday, 29 Dec 2017 

Dec 29 (Reuters) - Willis Lease Finance::WILLIS LEASE FINANCE - ON DEC 22, ENTERED DEFINITIVE AGREEMENT WITH GENERAL ELECTRIC FOR PURCHASE, DELIVERY OF 5 MODERN TECHNOLOGY GE AIRCRAFT ENGINES ‍​.WILLIS LEASE FINANCE - AGREEMENT WITH GE INCLUDES AN OPTION FOR CO TO BUY & HAVE DELIVERED 1 ADDITIONAL MODERN TECHNOLOGY GE AIRCRAFT ENGINES​.WILLIS LEASE FINANCE - ON DEC 22, ENTERED AGREEMENT WITH CFM INTERNATIONAL FOR PURCHASE & DELIVERY OF 8 MODERN TECHNOLOGY CFM AIRCRAFT ENGINES.WILLIS LEASE FINANCE SAYS VALUE OF GE DEAL INCLUDING OPTION IS $162.6 MILLION AT GE'S 2017 LIST PRICES​; ‍ALL PURCHASES, DELIVERIES BY JUNE 30, 2018.WILLIS LEASE FINANCE SAYS AGREEMENT WITH CFM INTERNATIONA INCLUDES OPTION FOR CO TO PURCHASE UP TO TWO ADDITIONAL ENGINES - SEC FILING.WILLIS LEASE FINANCE - VALUE OF CFM TRANSACTION, INCLUDING CO'S OPTION, IS $148.5 MILLION AT CFM'S 2017 LIST PRICES.  Full Article

Zodiac Aerospace: Safran Tender Offer Will Open On Dec 27 - AMF
Friday, 22 Dec 2017 

Dec 22 (Reuters) - FRENCH MARKET REGULATOR AMF::ZODIAC AEROSPACE <<>>: SAFRAN TENDER OFFER WILL OPEN ON DEC 27.  Full Article

Zodiac Aerospace Q1 Revenue Falls to 1.08‍​ Billion Euros
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - ZODIAC AEROSPACE ::Q1 REVENUE EUR 1.08‍​ BILLION VERSUS EUR 1.20 BILLION YEAR AGO.CONFIRMS ITS EXPECTATION TO POST A SLIGHT DECREASE IN SALES FOR 2017/2018, EXCLUDING FOREX AND SCOPE EFFECTS.CURRENT OPERATING INCOME SHOULD RISE SHARPLY FOR 2017/2018.CURRENT OPERATING INCOME FOR SECOND HALF OF YEAR SHOULD BE SIGNIFICANTLY HIGHER THAN FIRST HALF.OPERATIONAL CASH FLOW GENERATION IS EXPECTED TO REMAIN STRONG‍​ IN 2017/2018.  Full Article

French group Suez says Qatar dredging contract worth 107 mln euros
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Suez ::* Suez says deal signed on Thursday to dredge and clean Qatar lagoon worth around 107 million euros ($126 million).* French President Emmanuel Macron said France and Qatar had signed commercial contracts worth around 12 billion euros in total nP6N1NF024.* Qatar has agreed to buy 12 more Rafale fighter planes from Dassault Aviation , will employ France's Suez to dredge and clean Qatar's lagoon and has retained France's RATP and SNCF to build and operate a metro system in Qatar..  Full Article

Safran Files Proposed Takeover Bid On Shares Of Zodiac Aerospace - AMF
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - AMF::SAFRAN <<>> FILED PROPOSED TAKEOVER BID ON SHARES OF ZODIAC AEROSPACE <<>> AT PRICE OF EUR 25 PER ZODIAC SHARE‍​.  Full Article

Safran says SilkAir signs $1 billion CFM LEAP-1B engine support agreement
Friday, 10 Nov 2017 

Nov 10 (Reuters) - SAFRAN ::SILKAIR SIGNES 15-YEAR RATE PER FLIGHT HOUR MAINTENANCE AGREEMENT WITH CFM INTERNATIONAL TO SUPPORT LEAP-1B ENGINES‍​.SILKAIR SIGNS $1 BILLION CFM LEAP-1B ENGINE SUPPORT AGREEMENT.AGREEMENT INCLUDES A TOTAL OF 80 ENGINES.  Full Article

Safran and ‍MBDA partners in MMP offering for land 400 Australian army acquisition programme​
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - SAFRAN ::‍MBDA AND SAFRAN PARTNERS IN MMP OFFERING FOR LAND 400 AUSTRALIAN ARMY ACQUISITION PROGRAMME.​.  Full Article

Banque Federative Credit Mutuel sells its stakes in Safran and Eiffage‍​
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - BANQUE FEDERATIVE CREDIT MUTUEL::BANQUE FÉDÉRATIVE CRÉDIT MUTUEL ANNOUNCES THE SALE OF ITS STAKES IN SAFRAN AND EIFFAGE‍​.BANQUE FÉDÉRATIVE CRÉDIT MUTUEL - SALE OF C.3.2M SHARES OF SAFRAN, REPRESENTING APPROXIMATELY 0.8% OF THE SHARE CAPITAL.BANQUE FÉDÉRATIVE CRÉDIT MUTUEL - SALE OF C.2.8M SHARES OF EIFFAGE, REPRESENTING APPROXIMATELY 2.9% OF THE SHARE CAPITAL.BANQUE FÉDÉRATIVE CRÉDIT MUTUEL SAYS WILL NO LONGER HOLD ANY SAFRAN AND EIFFAGE SHARES AFTER THESE TRANSACTIONS‍​.BANQUE FÉDÉRATIVE CRÉDIT MUTUEL - BOOKBUILDINGS WILL COMMENCE IMMEDIATELY.BANQUE FÉDÉRATIVE CRÉDIT MUTUEL - BOOKBUILDINGS WILL BE MANAGED BY SOCIÉTÉ GÉNÉRALE CORPORATE & INVESTMENT BANKING, SOLE BOOKRUNNER.BANQUE FÉDÉRATIVE CRÉDIT MUTUEL - DEFINITIVE TERMS OF THE PLACEMENTS WILL BE DETERMINED FOLLOWING THE COMPLETION OF THE BOOKBUILDINGS PROCESS.  Full Article

Channel tunnel group Getlink's profits rise, considers governance changes

PARIS, Feb 21 Channel tunnel operator Getlink posted higher 2017 profits on Wednesday despite a slowing British economy and said it would split the chairman and CEO roles within three years.