By Bjorn Fehrm
July 30, 2015 © Leeham Co. Rolls-Royce and Safran, the parent company of CFM partner Snecma, released their Q2 and first half 2015 earnings today. It is interesting to compare these companies as they are in different strategic situations in their dominant business segments, civil turbofan engines.
Civil turbofans constitute 52% of Rolls-Royce total business whereas it makes 54% of Safran’s turn over. Rolls-Royce’s focus has been widebody engines to the point where it exited its part of International Aero Engines, which makes the single aisle V2500 engine, three years ago. Safran on the other hand is heavily invested in the single aisle market through its 50% part in CFM through its Snecma subsidiary.
The present situation and the future outlook for these two companies are intimately aligned with this strategic difference. We look at why and how this will affect their immediate future.
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Category: Airbus, Boeing, CFM, GE Aviation, International Aero Engines, Pratt & Whitney, Premium, Rolls-Royce
Tags: Airbus, Boeing, CFM, GE Aviation, GTF, Pratt & Whitney, Rolls-Royce, Trent 1000, Trent 7000. Trent XWB, Trent 900