SAFRAN
SAFRAN now estimates that less than 1,000 LEAP engines will be delivered in 2020 due to downturn in new aircraft deliveries from COVID-19; it is furloughing 35% of it global workforce (40% in France) and reducing year-over-year CAPEX by 60% in 2020. It has secured €3b bridge loan from syndicate of...
Subscription Required
SAFRAN is part of our SpeedNews subscription.
Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.
Already a subscriber to SpeedNews or a content package that includes SpeedNews? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.