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CFM ready for higher Airbus A320neo rates in 2024

CFM ready for higher Airbus A320neo rates in 2024

by Richard Schuurman | Apr 29, 2022 | Aerospace, CFM International, Safran | 0 comments

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...
LEAP production up to 2.000 engines from 2023

LEAP production up to 2.000 engines from 2023

by Richard Schuurman | Dec 2, 2021 | Aerospace | 0 comments

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...
Is Airbus overstretching itself with rate 70?

Is Airbus overstretching itself with rate 70?

by Richard Schuurman | Aug 4, 2021 | Airbus | 0 comments

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...
Engine suppliers are still feeling the crisis

Engine suppliers are still feeling the crisis

by Richard Schuurman | May 2, 2021 | Aerospace | 0 comments

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...
Safran records solid year despite MAX-effect

Safran records solid year despite MAX-effect

by Richard Schuurman | Feb 27, 2020 | Safran | 0 comments

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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