Tag: $Safran

French jet engine maker Safran will invest 150 million euros ($175.31 million) ​in a high tonnage hydraulic press to ‌increase the production of strategic engine parts, CEO Olivier Andries said on Monday.

French aerospace group Safran (SAF) forecast increased revenue and earnings for 2026 on Friday, after boosting profitability last year on the back of strong aftermarket demand for its civil jet engines, pushing up its shares.

French jet engine maker Safran raised its profit forecast for the year even as supply bottlenecks forced it to lower its revenue predictions on Friday, buoyed by demand for profitable services on planes that are already flying.

CASABLANCA, Morocco, Dec 6 (Reuters) – The head of French jet engine maker Safran  said global supply chains are still struggling to shake off a series of external shocks and warned against setting unrealistic industrial targets as aviation tackles rising travel demand.

French aero engine maker Safran said on Monday it was s in discussions with U.S. aerospace company Raytheon Technologies for the potential acquisition of certain flight control and actuation activities, confirming earlier media reports.