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Safran SA (SAF.PA)

SAF.PA on Paris Stock Exchange

131.55EUR
25 Jun 2019
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Latest Key Developments (Source: Significant Developments)

Airbus Helicopters, Safran Helicopter Engines Team Up For Greener Vertical Flight
Wednesday, 19 Jun 2019 

June 19 (Reuters) - SAFRAN SA ::AIRBUS HELICOPTERS AND SAFRAN HELICOPTER ENGINES TEAM UP FOR GREENER VERTICAL FLIGHT.A LETTER OF INTENT (LOI) WAS SIGNED AT THE PARIS AIR SHOW BETWEEN THE TWO COMPANIES WHICH FORMALISED THEIR WILLINGNESS TO JOINTLY DEMONSTRATE FUTURE TECHNOLOGIES THAT WILL SIGNIFICANTLY CONTRIBUTE TO THE REDUCTION OF CO2 EMISSIONS.  Full Article

Safran Signs Engine Harness Maintenance Contract With Lufthansa Technik
Wednesday, 19 Jun 2019 

June 19 (Reuters) - SAFRAN SA ::SIGNS AN ENGINE HARNESS MAINTENANCE CONTRACT WITH LUFTHANSA TECHNIK.THIS CONTRACT COVERS THE HARNESSES OF THE CFM ENGINES POWERING THE AIRBUS A320 AND BOEING 737 FAMILIES..THE HARNESSES WILL BE REPAIRED AT SAFRAN ELECTRICAL & POWER'S SITE IN VICHY AND THEN SHIPPED BACK TO LUFTHANSA TECHNIK IN HAMBURG.  Full Article

Safran, MTU Aero Engines join forces for next-generation European fighter engine
Wednesday, 6 Feb 2019 

Feb 6 (Reuters) - Safran SA ::* In the presence of the French and German Ministers of Defense, respectively Florence Parly and Ursula von der Leyen, Safran and MTU Aero Engines announced their partnership to jointly lead the development of the new engine that will power the next generation combat aircraft, as part of the Franco-German Future Combat Air System (FCAS)..* The aircraft will enter into service by 2040 to complement the current generation of Eurofighter and Rafale fighter aircraft.* Safran Aircraft Engines will take the lead in engine design and integration, and MTU Aero Engines will take the lead in engine services .  Full Article

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

French and Benelux stocks-Factors to watch

June 25 Below are company-related news and stories from French and Benelux media which could have an impact on the region's markets or individual stocks.