#cfm leap

Safran records solid year despite MAX-effect

Major aircraft propulsion and equipment maker Safran recorded a solid 2019, with a net income up 26.4 percent to EUR 3.820 billion, it reported on February 27. Revenues were up 17.1 percent to EUR 26.640 billion. All segments (propulsion, equipment, and interiors) contributed positively.

Aerospace Propulsion earned EUR 12.045 billion in revenues, up 13.9 percent, with net income 22.4 percent…

Sanad grows engine alliances with GE and Emirates

The 2019 Dubai Air Show has seen some significant news from local and regional players in maintenance, repair, and overhaul (MRO). For instance from Sanad Aerotech, which announced deals with General Electric/CFM and Emirates.

Sanad Aerotech, until this May known as Turbine Services & Solutions Aerospace, is a Abu Dhabi-based wholly-owned company from Mubadala Investment Company which also owns…