Safran Opens New Factory in Marchin, Belgium

Les premiers ouvriers arrivent ce lundi à l’usine Safran de Marchin

Les premiers travailleurs arrivent à l’usine Safran de Marchin dès ce lundi

Safran has opened a new production facility in Marchin, Belgium, named Safran Blades, with an investment of €50 million. The factory will produce titanium blades for aircraft engine compressors, with an initial production capacity of 400,000 blades per year and potential expansion to 700,000 blades. The site is expected to employ around a hundred workers initially.

Safran

Safran CEO Discusses Future Plans and Partnership with GE

« Il faut se préparer aux chocs à venir » (Olivier Andriès, PDG de Safran)

« Il faut se préparer à des chocs futurs » (Olivier Andriès, directeur général de Safran)

Safran's CEO, Olivier Andriès, discussed the company's future plans, including the extension of its partnership with General Electric until 2050. Safran also launched the Rise demonstrator to reduce fuel consumption by 20% by 2035 and is focusing on enhancing resilience by localizing production in France to secure supply chains.

Striking Canadian Safran Workers Make New Offer to Avert Lengthy Walkout

Striking Canadian Safran workers make new offer to avert lengthy walkout, union says By Reuters

Safran workers in Montreal have proposed a counteroffer to prevent a prolonged strike, which could disrupt Airbus and Boeing production. The workers are seeking a 22% raise over three years, while Safran has countered with a 14% offer.

Safran's Stock Price Increases

Safran clôture à l'équilibre

Safran's stock price increased by 0.14% to 214.10€ at the Paris stock exchange on May 31, 2024. Over the last year, Safran's stock has surged by 53.98%.

Safran Wins Crystal Cabin Award for the CUBE

Newswire & Press Release / Safran Wins Crystal Cabin Award for the CUBE - Aviation / Aerospace / Drone / eVTOL ...

Safran Cabin has won the Crystal Cabin Award for the CUBE galley waste disposal system, which reduces water usage by 30% and has a UV light system to eliminate odors and prevent bacteria growth.

Safran Federal Systems to Host Simulation Training Seminar

Safran Federal Systems to host simulation training seminar

Safran Federal Systems will host a simulation training seminar on July 16, 2024, at The Westin Huntsville in Huntsville, Alabama, covering topics such as BroadSim fundamentals, M-Code, automation, GNSS jamming and spoofing, NAVWAR simulation, and testing CRPA antennas.

Safran Seats Displays Narrower Z400 Seat at AIX2024

Feeling the squeeze: 10-abreast A350 moves closer to mainstream

Safran Seats showcased a narrower Z400 seat at AIX2024, meeting Airbus's goal of increasing cabin density. The 17-inch wide layout was described as 'acceptable' by Arthur Glain, Head of Passenger Experience & Industrial Design, who sought feedback from airlines and passengers.

Safran Promotes Eco-Friendly Practices in Morocco

Promoting eco-friendly practices in Morocco

Safran Electronics & Defense and Safran Aircraft Engines Services organized eco-friendly events in Morocco, promoting sustainability and respect for the environment. The events included a 5-kilometer obstacle course race and a run through the forest, encouraging employees to participate in activities with a strong social and environmental impact.

Safran to Prepay Convertible Bonds Early

Safran to Prepay Convertible Bonds Early - TipRanks.com

Safran SA announced the early repayment of its OCEANE 2027 convertible bonds on June 28, 2024, at their nominal value plus accrued interest. Bondholders have the option to convert their holdings until June 19, 2024.

Safran Passenger Innovations Announces New RAVE Cloud Services

Safran Passenger Innovations announces new RAVE Cloud Services

Safran Passenger Innovations has announced RAVE Cloud Services, a cloud-based infrastructure for IFEC platforms, which includes Distribution Services and Edge Cloud Computing Services, allowing airlines to update IFE or airline content quickly and remotely.

Safran is an international high-technology group operating in the aviation (propulsion, equipment, and interiors), defense, and space markets. The company's core purpose is to contribute to a safer, more sustainable world, with a focus on environmentally friendly, comfortable, and accessible air transport. Safran has a global presence, with 92,000 employees and sales of 23.2 billion euros in 2023, holding world or regional leadership positions in its core markets.

Safran SA, together with its subsidiaries, engages in the aerospace and defense businesses worldwide. The company operates through three segments: Aerospace Propulsion; Aircraft Equipment, Defense and Aerosystems; and Aircraft Interiors. The Aerospace Propulsion segment designs, develops, produces, and markets propulsion and mechanical power transmission systems for commercial aircraft, military transport, training and combat aircraft, civil and military helicopters, and drones. This segment also offers maintenance, repair, and overhaul services, as well as sells spare parts. The Aircraft Equipment, Defense and Aerosystems segment provides landing gears and brakes; and engine systems and equipment, such as thrust reversers and nacelles. This segment also offers avionics, such as flight controls and onboard information systems; security systems, including evacuation slides, emergency arresting systems, and oxygen masks; onboard computers and fuel systems; electrical power management systems and associated engineering services; and optronic equipment and sights, navigation equipment and sensors, infantry, and drones, as well as sells spare parts. Its products and services are used in civil and military aircraft, and helicopters. The Aircraft Interiors segment designs, develops, manufactures, and markets aircraft seats for passengers and crew; cabin equipment, overhead bins, class dividers, passenger service units, cabin interior solutions, chilling systems, galleys, electrical inserts, and trolleys and cargo equipment; and water distribution equipment, lavatories, air systems, and in-flight entertainment and connectivity systems. Safran SA was incorporated in 1924 and is headquartered in Paris, France.

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Safran

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