CFM International has responded positively to the request of Airbus to ramp up the production of the LEAP engines and meet higher rates in 2024. CFM-parent Safran Group confirmed this during an earnings call on April 29 on the first-quarter results. This would mean...
French aerospace giant Safran Group plans to ramp up production of its CFM LEAP engines to 2.000 per year from 2023. This is double the production of 2021 and also well over 1.736 engines it built in 2019, it announced on December 2 on its Capital Markets Day. LEAP...
UPDATE SPIRIT – Is Airbus overstretching itself by targeting production rates for the A320neo-family that go beyond 70 per month? That question seems to be answered affirmatively by at least two of its key program suppliers, engines manufacturers Safran and...
Weak first-quarter results haven’t only left their marks on aircraft manufacturers and airlines but of course on suppliers too. Last week, we heard some updates from various engine manufacturers and component suppliers that provide some perspective on where the...
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)...
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