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Safran SA (SAF.PA)

SAF.PA on Paris Stock Exchange

126.30EUR
16 Aug 2019
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Latest Key Developments (Source: Significant Developments)

Arianespace Orbits Two Communications Satellites For Intelsat, Airbus
Wednesday, 7 Aug 2019 02:22am EDT 

Aug 7 (Reuters) - ARIANESPACE::ARIANESPACE SAID ON TUESDAY IT SUCCESSFULLY ORBITED TWO COMMUNICATIONS SATELLITES: INTELSAT 39 FOR INTELSAT <<>>, AND EDRS-C FOR AIRBUS <<>>, <<>>.LAUNCH TOOK PLACE ON AUGUST 6, 2019 AT 4:30 P.M. (LOCAL TIME) FROM THE GUIANA SPACE CENTER (CSG), EUROPE’S SPACEPORT IN FRENCH GUIANA (SOUTH AMERICA).THIRD SUCCESSFUL ARIANE 5 MISSION IN 2019.ARIANESPACE IS A SUBSIDIARY OF ARIANEGROUP, WHICH HOLDS 74% OF ITS SHARE CAPITAL.ARIANEGROUPE IS A JOINT VENTURE BETWEEN AIRBUS AND SAFRAN <<>>.  Full Article

Arianespace To Introduce Service Providing Fast-Track Access To GEO
Tuesday, 6 Aug 2019 01:22am EDT 

Aug 6 (Reuters) - ARIANESPACE::SAID ON MONDAY TO INTRODUCE AN INNOVATIVE SERVICE PROVIDING FAST-TRACK ACCESS TO GEOSYNCHRONOUS EQUATORIAL ORBIT (GEO) FOR THE NEW GENERATION OF SMALL SATELLITES.OFFERING A FIRST FLIGHT OPPORTUNITY WITH MORE THAN 4,500 KG OF SUCH PAYLOADS ON ITS GO-1 MISSION IN THE FIRST HALF OF 2022.GO-1 MISSION WILL INAUGURATE A REGULAR, FREQUENT PATH TO DIRECT GEOSTATIONARY ORBIT FOR SMALL SATELLITES.ARIANESPACE IS A SUBSIDIARY OF ARIANEGROUP WHICH IS A JV OF AIRBUS <<>>, <<>> AND SAFRAN <<>>.  Full Article

Safran Acquires Neelogy
Thursday, 18 Jul 2019 07:53am EDT 

July 18 (Reuters) - Safran SA ::SAFRAN ACQUIRES FRENCH START-UP NEELOGY, SPECIALIZED IN ELECTRICAL CURRENT SENSORS.  Full Article

Safran To Build New Aircraft Carbon Brake Plant Near Lyon
Monday, 8 Jul 2019 06:10am EDT 

July 8 (Reuters) - SAFRAN SA ::SAFRAN TO BUILD NEW AIRCRAFT CARBON BRAKE PLANT NEAR LYON.WE WILL EVENTUALLY BE ADDING UP TO 200 NEW EMPLOYEES AT THIS PLANT.NEW PLANT WILL STRENGTHEN PRODUCTION CAPACITY OF SAFRAN LANDING SYSTEMS.  Full Article

Airbus Helicopters, Safran Helicopter Engines Team Up For Greener Vertical Flight
Wednesday, 19 Jun 2019 09:21am EDT 

June 19 (Reuters) - SAFRAN SA ::AIRBUS HELICOPTERS AND SAFRAN HELICOPTER ENGINES TEAM UP FOR GREENER VERTICAL FLIGHT.A LETTER OF INTENT (LOI) WAS SIGNED AT THE PARIS AIR SHOW BETWEEN THE TWO COMPANIES WHICH FORMALISED THEIR WILLINGNESS TO JOINTLY DEMONSTRATE FUTURE TECHNOLOGIES THAT WILL SIGNIFICANTLY CONTRIBUTE TO THE REDUCTION OF CO2 EMISSIONS.  Full Article

Safran Signs Engine Harness Maintenance Contract With Lufthansa Technik
Wednesday, 19 Jun 2019 09:21am EDT 

June 19 (Reuters) - SAFRAN SA ::SIGNS AN ENGINE HARNESS MAINTENANCE CONTRACT WITH LUFTHANSA TECHNIK.THIS CONTRACT COVERS THE HARNESSES OF THE CFM ENGINES POWERING THE AIRBUS A320 AND BOEING 737 FAMILIES..THE HARNESSES WILL BE REPAIRED AT SAFRAN ELECTRICAL & POWER'S SITE IN VICHY AND THEN SHIPPED BACK TO LUFTHANSA TECHNIK IN HAMBURG.  Full Article

Safran, MTU Aero Engines join forces for next-generation European fighter engine
Wednesday, 6 Feb 2019 11:17am EST 

Feb 6 (Reuters) - Safran SA ::* In the presence of the French and German Ministers of Defense, respectively Florence Parly and Ursula von der Leyen, Safran and MTU Aero Engines announced their partnership to jointly lead the development of the new engine that will power the next generation combat aircraft, as part of the Franco-German Future Combat Air System (FCAS)..* The aircraft will enter into service by 2040 to complement the current generation of Eurofighter and Rafale fighter aircraft.* Safran Aircraft Engines will take the lead in engine design and integration, and MTU Aero Engines will take the lead in engine services .  Full Article

Lufthansa Technik and FADEC Alliance Sign Agreement for LEAP Engine Asset Availability
Thursday, 17 Jan 2019 08:00am EST 

Jan 17 (Reuters) - FADEC Alliance::FADEC ALLIANCE, A JV BETWEEN GE AVIATION AND FADEC INTERNATIONAL, SAYS SIGNED A 25-YEAR AGREEMENT WITH LUFTHANSA TECHNIK.FADEC ALLIANCE - AGREEMENT WITH LUFTHANSA TECHNIK TO PROVIDE FULL AUTHORITY DIGITAL ENGINE CONTROLS ASSET AVAILABILITY SUPPORT FOR LEAP ENGINES GLOBALLY.FADEC ALLIANCE - LUFTHANSA TECHNIK PLANS TO ESTABLISH A CERTIFIED REPAIR STATION IN HAMBURG, GERMANY FOR LEAP FADEC.  Full Article

CFM: Goshawk Aviation Selects Leap-1A Engine For A320neo
Tuesday, 18 Dec 2018 11:42am EST 

Dec 18 (Reuters) - CFM INTERNATIONAL::GOSHAWK AVIATION SELECTS LEAP-1A ENGINE TO POWER NEW A320NEO AIRCRAFT.FIRST A320NEO DELIVERIES ARE EXPECTED TO BEGIN IN 2023.ORDER IS VALUED AT $350 MILLION U.S. AT LIST PRICE..  Full Article

TAP Portugal Signs GSLA For CFM LEAP-1A Engines
Wednesday, 12 Dec 2018 11:09am EST 

Dec 12 (Reuters) - CFM::TAP PORTUGAL BECOMES PART OF THE MAINTENANCE, REPAIR AND OVERHAUL (MRO) NETWORK FOR LEAP-1A ENGINES.TAP PORTUGAL SIGNS GSLA FOR CFM LEAP-1A ENGINES.TAP AND CFM HAVE SIGNED GENERAL SUPPORT LICENSE AGREEMENT (GSLA) FOR MAINTENANCE ACTIVITIES OF LEAP-1A ENGINES.  Full Article

Safran loses last Silvercrest client as Cessna drops engine

PARIS Aircraft maker Cessna has canceled its supply contract for Safran's troubled Silvercrest jet turbines after freezing its Hemisphere aircraft program, the French engine maker said on Wednesday.