Safran SA

Safran SA engages in the design, manufacture, and sale of aircraft, defense, and communication equipment and technologies. It operates through the following segments: Aerospace Propulsion, Aircraft Equipment, Defense, and Aerosystems, 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. The Aircraft Equipment, Defense, and Aerosystems segment covers the full life cycle of systems and equipment for civil and military aircraft and helicopters; and is involved in landing gear and brakes, nacelles and reversers, avionics, security systems, onboard computers, and fuel systems. The Aircraft Interiors segment engages in the manufacture of Cabin interiors for regional, medium-haul, long-haul, business and military aircraft. The Aircraft Interiors segment is composed of 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. The company was founded on August 16, 1924 and is headquartered in Paris, France.

Safran SA (SAFRF) CEO Olivier Andriès on Q2 2021 Results - Earnings Call Transcript

French aerospace supplier Safran said on Wednesday it had seen the start of a recovery in the second quarter following the coronavirus crisis, but kept its outlook unchanged amid uncertainty over air traffic in the second half.

France's Safran sees start of recovery, maintains outlook

General Electric

On Monday, the joint venture between General Electric's ( GE , Financial) aviation unit and French aerospace company Safran SA ( XPAR:SAF , Financial) announced they are developing new airplane engines focused on reducing emissions. The cleaner engines project aims to cut aircraft emissions by more than a fifth of today's levels.

GE and Safran: Developing the Future of Aircraft Engines

PARIS--(BUSINESS WIRE)--GE Aviation and Safran today launched a bold technology development program targeting more than 20 percent lower fuel consumption and CO2 emissions compared to today's engines. The CFM RISE (Revolutionary Innovation for Sustainable Engines) program will demonstrate and mature a range of new, disruptive technologies for future engines that could enter service by the mid-2030s. The companies today also signed an agreement extending the CFM International 50/50 partnership t

GE Aviation and Safran Launch Advanced Technology Demonstration Program for Sustainable Engines; Extend CFM Partnership to 2050

General Electric's aviation unit and joint-venture partner Safran plan to develop new aircraft engines that would require more than 20% less fuel.

GE, Safran working on cleaner energy aircraft engines that could work with hybrid technology, hydrogen

General Electric and France's Safran on Monday set out plans to develop a new jet engine able to reduce fuel consumption and emissions by 20% as they announced a 10-year extension to their CFM International joint-venture to 2050.

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