Safran

Buoyed by double-digit first-quarter revenues and a busy commercial and defense orderbook, GE Aerospace reported an operating profit of $1.5 billion.

After a successful 2023 in recruitment, the aerospace sector in France is planning to add 25,000-30,000 employees in 2024.

Safran Aircraft Engine Services Morocco is adding more space, capacity and workforce to meet growing CFM56 MRO demand.

Wisk plans to fly the first prototype of its sixth-generation electric vertical-takeoff-and-landing aircraft this year.

Hapster, a company created by four Safran employees in September 2023, is pitching a digital tool to cut a production worker’s training time four-fold.

The company is studying hybrid-electric helicopters, continuing its electric certification drive and pushing Dash 7 conversion for NASA’s flight demonstrator.

Boeing’s new leaders would be wise to study GE’s metamorphosis under Larry Culp.

A look at where new commercial aftermarket engine capabilities are being added around the world.

Coalition is tackling thorny area of fraud in aviation parts supply chain.

In a wide-ranging interview, Culp talks about the new company’s future and says he has no interest in taking his turnaround skills to Boeing.

New MRO facilities and joint ventures are highlights of this month’s News Briefs and Contracts.

Had these transactions happened, the industry today would be almost unrecognizable.

While preventing individuals from committing fraud is a high bar, the ASCIC is confident that it can help strengthen parts distribution protocols.

Certifying electric engines; Call for UK hydrogen funding; More eVTOLs for USAF; and the UK’s future flight road map.

The FAA has released proposed special conditions for type certification of electric engines developed by Beta Technologies and Safran.

Tier 1 aerostructures supplier GKN Aerospace is expanding production of key Leap 1 components.

Safran is increasing customer support services and looking at opportunities for regional expansion in Africa.

For decades, aircraft manufacturers have preferred derivatives over all-new aircraft. That approach appears to be ending.

3DMF's high-energy hydro-forming technology may make production of complex parts easier, cutting long, painstaking steps, Safran Nacelles CEO Vincent Caro says.

Safran is projecting a 20% rise in civil engine aftermarket revenue this year compared to 2023, the company said on a recent earnings call.

With more than 100 tests complete on the RISE program, so far there have been no showstoppers in the quest to develop an engine with 20% better fuel efficiency.

The need for more production investment, ongoing supply chain issues and maintenance capacity concerns are all refraining Safran's CEO from pursuing a higher market share of Airbus A320neo powerplants.

The Italian government says the project threatens the country’s defense and national security, as Microtecnica is a supplier of the Eurofighter Typhoon fighter.

Europe’s Clean Sky 2 research program ends in March, having matured an array of potential technologies for Airbus’ next airliner.

On top of the committed corporate capital, the fund has raised nearly $500,000 from United customers through contributions made during the booking process.