Safran anticipates engine deliveries and financial performance to resist financial swoon
Despite mounting aircraft cancellations and deferrals, French aerospace supplier Safran expects to maintain deliveries of engines at or near current record levels. But it already appears that that outlook may be optimistic. Airbus last week announced a cutback in single-aisle production rates to 34 aircraft per month from 36, after earlier scrapping plans to increase production to 40 narrowbodies per month. Moreover, Airbus CEO Tom Enders warns, â€śI do not exclude further production ...
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