Safran hails ‘landmark’ 2024 with record results

By Leeham News Team Feb. 14, 2025, © Leeham News: Safran has announced “record-breaking” financial results for 2024, with revenues, profits, and free cash flow all reaching new highs, helped by strong aftermarket activity and the return to… Read More

Earnings: Pay closer attention to the supply chain than to the OEMs

Subscription Required By Scott Hamilton Jan. 23, 2025, © Leeham News: Earnings season begins today. Among the companies followed by LNA, GE Aerospace and Hexcel report today. RTX and Boeing report next week. ATI and Spirit AeroSystems follow… Read More

3Q Earnings reports kick off this week

 Subscription Required By Scott Hamilton Oct. 21, 2024, © Leeham News: Third quarter earnings reports kick off this week. The most anticipated call will be The Boeing Co. Boeing previewed a big loss for the quarter on Oct…. Read More

Bjorn’s Corner: New engine development. Part 10. Propeller, Rotor or Fan?

June 7, 2024, ©. Leeham News: We do an article series about engine development. The aim is to understand why engine development now has longer timelines than airframe development and carries larger risks of product maturity problems. To… Read More

Safran overcomes supply chain woes as revenues soar

By Tom Batchelor February 15, 2024, © Leeham News: French engine, equipment and interiors specialist Safran said revenues soared by more than a fifth in 2023 despite a “challenging supply chain environment” and inflationary pressures. Announcing the company’s… Read More

Managing supply chain stress continues

Subscription Required Now open to all readers. By Scott Hamilton Jan. 9, 2024, © Leeham News: The COVID-19 pandemic impact on aerospace and its supply chain was deep and long lasting. The airframe and engine manufacturers haven’t fully… Read More

Safran revenues take flight, but supply chain woes persist

Subscription Required By Gordon Smith Oct 31, 2023, (c) Leeham News: Robust demand in the civil aftermarket sector has helped propel Safran Group’s Q3 2023 revenues upwards. The French firm shared its latest sales results on October 27… Read More

MRO demand, pricing power near record levels: great for providers, painful for operators

Subscription Required By Judson Rollins October 24, 2023, © Leeham News: In aviation’s topsy-turvy post-Covid recovery, one group of companies faces a near-perfect storm of positive developments: maintenance, repair, and overhaul (MRO) service providers and their suppliers. Source:… Read More

An uneven financial recovery among OEMs and Suppliers

Subscription Required By Vincent Valery Introduction   March 27, 2023, © Leeham News: In an article last year, LNA highlighted the divergence in the post-Covid-19 recovery among OEMs and select Tier 1 suppliers. Airbus had higher profits than before… Read More

CFM to increase LEAP production 50% this year, GE Aerospace executives say

Subscription Required By Bryan Corliss March 10, 2023, © Leeham News – GE Aerospace executives said Thursday that production of LEAP engines will increase 50% this year to meet increased demand from Boeing and Airbus.  LEAP engines, which… Read More