A holding company owned by Airbus, Safran and Tikehau Capital has finalized the acquisition of Aubert & Duval, a French critical-parts and metals supplier.
Safran Aircraft Engines is coordinating a European technology demonstration program that is intended to pave the way for flight testing of an open-fan engine.
Airbus, Tarmac Aerosave and Chengdu have signed a joint-venture agreement to establish China’s first aircraft storage, disposal and recycling facility.
Albany International, the provider of 3D-woven composite fan blades to Safran for LEAP aircraft engines, announced March 13 that it is searching for a new CEO.
As manufacturing crises tend to start deep in the supply chain, the aeronautical industry should keep a close eye on its suppliers, says French consultancy Kyu.