Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Euronext Paris  >  Safran    SAF   FR0000073272

SAFRAN (SAF)
Mes dernières consult.
Most popular
Report
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

SAFRAN : SAS SIGNS LOI FOR LONG-TERM LEAP SERVICES AGREEMENT

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/21/2013 | 11:40am CET
12-year term valued at $180 million U.S.
LE BOURGET, France - 20 June 2013 - SAS today announced that it has signed a Letter of Intent with CFM International for the long-term support of its advanced LEAP-1A engines. In 2011, the airline selected the engine to power 30 firm Airbus A320neo aircraft and hold options on 11 additional airplanes.
Under the terms of the 12-year Rate Per Flight Hour Agreement (RPFH), valued at $180 million U.S., CFM will guarantee maintenance costs on a dollar per engine flight hour basis.
SAS, the multi-national carrier of Sweden, Norway and Denmark, operates scheduled flights to nearly 100destinations throughout Scandinavia, Europe, Asia, and the U.S. with a fleet of 140 aircraft. The SAS currently operates a fleet of nearly 100 CFM-powered aircraft and owns a total of nearly 200 CFM56 engines. As a major European airline, SAS has long been at the forefront of adopting technologies that reduce the impact of aviation on the environment, as well as choosing efficient engines to power its fleet.
****
About CFM
LEAP engines are a product of CFM International is a 50/50 joint company between Snecma (Safran) and GE and the world's largest supplier of commercial aircraft engines. To date, more than 25,000 CFM56 engines have been delivered to more than 500 operators around the globe. This fleet has achieved more than 635 million flight hours as the most reliable engines in the air.
distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SAFRAN
12/11 SAFRAN : delivers electric harnesses for the first BelugaXL
12/08 SAFRAN : MILITARY $54,855 Federal Contract Awarded to Safran Landing Systems
12/07 SAFRAN : Patent Issued for Electromechanical Actuator Comprising a Mechanical Ro..
12/07 SAFRAN : "Mold Assembly for Resin Transfer Molding" in Patent Application Approv..
12/07 SAFRAN : "Coiled Elements Comprising a Temperature Measuring Device" in Patent A..
12/07 Qatar flexes financial muscle with 12 billion euros of French deals
12/07 SAFRAN : delivers electric harnesses for the first BelugaXL
12/05 SAFRAN : MILITARY $149,952 Federal Contract Awarded to Safran Landing Systems
12/02 SAFRAN : Judge finds evidence in Coleman case falls 'far short' of animal cruelt..
12/02 SAFRAN : Friends celebrate Coleman acquittal Judge finds evidence in Coleman cas..
More news
News from SeekingAlpha
12/05 Tweedy, Browne Fund 2017 Semi-Annual Letter
12/04 LONG IDEAS : Hexcel Corporation
11/20 Tracking Tweedy Browne Portfolio - Q3 2017 Update
10/28 Safran's (SAFRF) CEO Philippe Petitcolin on Q3 2017 Results - Earnings Call T..
10/27 Safran SA 2017 Q3 - Results - Earnings Call Slides
Financials (€)
Sales 2017 16 354 M
EBIT 2017 2 404 M
Net income 2017 2 036 M
Finance 2017 81,7 M
Yield 2017 1,72%
P/E ratio 2017 16,23
P/E ratio 2018 19,81
EV / Sales 2017 2,24x
EV / Sales 2018 2,02x
Capitalization 36 657 M
Chart SAFRAN
Duration : Period :
Safran Technical Analysis Chart | SAF | FR0000073272 | 4-Traders
Technical analysis trends SAFRAN
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 24
Average target price 87,2 €
Spread / Average Target -0,77%
EPS Revisions
Managers
NameTitle
Philippe Petitcolin Chief Executive Officer & Director
Ross McInnes Chairman
Bernard-Pierre Jacques Delpit Chief Financial Officer
Jean-Marc Forneri Independent Director
Patrick Gandil Director
Sector and Competitors
1st jan.Capitalization (M$)
SAFRAN30.18%43 163
TRANSDIGM GROUP INCORPORATED10.31%14 257
SPIRIT AEROSYSTEMS HOLDINGS, INC.44.23%9 692
MTU AERO ENGINES35.20%9 016
AVIC AIRCRAFT CO LTD--.--%7 344
HEICO CORP45.63%6 866