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Safran records solid year despite MAX-effect

Major aircraft propulsion and equipment maker Safran recorded a solid 2019, with a net income up 26.4 percent to EUR 3.820 billion, it reported on February 27. Revenues were up 17.1 percent to EUR 26.640 billion. All segments (propulsion, equipment, and interiors)...

Safran reports solid 2018, but some ‘interior’ decoration to do

Aircraft propulsion and equipment maker Safran reported solid 2018 results on February 27, both financially as well as on the status of its various programs and divisions. Revenues of its six business divisions increased by €5.097bln to €21.050bln, of which €3.799bln...

Reflections on NBAA 2018

Last week, the National Business Aircraft Association held its annual convention in Orlando, with the business aviation community leaders updating the industry on what’s new. We came away from NBAA 2018 with a feeling of cautious optimism. While the business aviation...

TREMORS IN THE SUPPLY CHAIN: A precursor of “the big one?”

The performance of the aviation supply chain has not been as robust as it should be in 2018, with airplanes on the ground with no engines in Toulouse, Renton, and even Charleston being the symptoms of some deeper issues.  Those deeper issues impact the industry’s...