Raw materials, castings, and forgings hold up CFM LEAP deliveries

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Aftermarket sales of spare parts for CFM LEAP and CFM56 engines have recovered to well over 2019 levels, the first time this happened since the pandemic. Sales were up 36.5 percent in HY1. As this trend is expected to continue…

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Safran Group expects that the acquisition of Collins Aerospace’s actuation and flight control division from RTX will generate €1.5 billion in additional sales and contribute some €340 million to the pre-tax operating result (EBITDA). Safran and RTX, formerly known as Raytheon…

Engine maker Safran upholds its target that it will be able to deliver 2.000 CFM LEAP engines in 2023, despite suffering from continued supply chain and labor constraints. For this reason, CFM, which is jointly owned by Safran and General Electric,…

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