Safran Bullish On Zodiac Deal, Silvercrest and Leap Engines

French aerospace group Safran reported revenue and profit group for 2016.

French engine and aerospace systems group Safran announced higher revenue and profit for last year. [Photo: Safran]

February 25, 2017

French aerospace group Safran anticipates a busy 2017 with further growth driven by its new generation Leap airliner engines, as well as the long-awaited certification of the Silvercrest business jet powerplant and the prospect of bidding another new turbofan for Boeing’s envisioned middle-of-the-market aircraft. Announcing positive 2016 financial results in Paris on February 24, Safran’s leadership also insisted it is pressing ahead with the acquisition of aircraft equipment maker Zodiac despite opposition from shareholder TCI Fund Management.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

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