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Safran SA (SAF.PA)

SAF.PA on Paris Stock Exchange

90.08EUR
20 Apr 2018
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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

Photo

U.S., Europe order emergency checks on engine type in Southwest accident

WASHINGTON/PARIS U.S. and European airline regulators on Friday ordered emergency inspections within 20 days of nearly 700 aircraft engines similar to the one involved in a fatal Southwest Airlines engine blowout earlier this week, citing risks of a similar mishap. | Video