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

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

SAFRAN (SAF)

Real-time Quote. Real-time Tradegate - 09/26 02:19:39 pm
63.796 EUR   -1.91%
09/23 SAFRAN : Announces Launch of Albuquerque Police Department MorphoClo..
09/22 SAFRAN : partners Hello Tomorrow, a challenge for innovative startup..
09/20 SAFRAN : partners Hello Tomorrow, a challenge for innovative startup..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

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 CEST
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
09/23 SAFRAN : Announces Launch of Albuquerque Police Department MorphoCloud
09/22 SAFRAN : partners Hello Tomorrow, a challenge for innovative startups from aroun..
09/20 SAFRAN : partners Hello Tomorrow, a challenge for innovative startups from aroun..
09/20 SAFRAN : Announces Launch of Albuquerque Police Department MorphoCloud
09/19 SAFRAN : FIDO certifies Safran's biometric authentication solutions for eID card..
09/19 SAFRAN : celebrates the completion of 500th landing gear for Boeing 787 Dreamlin..
09/16 SAFRAN : Labinal Assigned Patent
09/13 SAFRAN : FIDO certifies Safran’s biometric authentication solutions for eI..
09/13 SAFRAN : celebrates the completion of 500th landing gear for Boeing 787 Dreamlin..
09/12DJSouthwest Incident Linked to Cracked Engine Blade
More news
Sector news : Aircraft Parts Manufacturing
02:06pDJTroubled Past Comes Into Focus for Mall Shooting Suspect
09/24DJForeign Jet-Fighter Makers Woo India
09/23 AIRBUS : U.S. lawmakers have 'grave concern' over Boeing, Airbus Iran licenses
09/23DJBAE : COO Charles Woodburn Buys 26,498 Shares
09/23DJIndia Signs $8.7 Billion Deal with Dassault for Rafale Fighter Jets
More sector news : Aircraft Parts Manufacturing
News from SeekingAlpha
09/16 GE'S INTENDED ACQUISITION OF 3-D PRI : Financial Negatives May Outweigh Strategi..
08/29 WALL STREET BREAKFAST : Week Of Economic Data Up Next
08/28 Southwest flight diverted after engine fails
08/11 Tracking Tweedy Browne Portfolio - Q2 2016 Update
07/30 Safran's (SAFRF) CEO Philippe Petitcolin on Q2 2016 Results - Earnings Call T..
Advertisement
Financials (€)
Sales 2016 17 972 M
EBIT 2016 2 494 M
Net income 2016 1 885 M
Debt 2016 1 019 M
Yield 2016 2,36%
P/E ratio 2016 15,36
P/E ratio 2017 16,42
EV / Sales 2016 1,57x
EV / Sales 2017 1,50x
Capitalization 27 124 M
More Financials
Chart SAFRAN
Duration : Period :
SAFRAN Technical Analysis Chart | SAF | FR0000073272 | 4-Traders
Full-screen chart
Technical analysis trends SAFRAN
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 66,9 €
Spread / Average Target 2,8%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Philippe Petitcolin Chief Executive Officer & Director
Ross McInnes Chairman
Bernard-Pierre Jacques Delpit Chief Financial Officer
Jean-Marc Forneri Independent Director
Patrick Gandil Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
SAFRAN2.64%30 449
TRANSDIGM GROUP INCORP..26.14%15 349
AVIC AIRCRAFT CO LTD--.--%8 947
SPIRIT AEROSYSTEMS HOL..-12.12%5 678
MTU AERO ENGINES AG-0.07%5 256
CHINA AVIONICS SYSTEMS..-21.52%5 099
More Results