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Safran


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Striking workers at Safran plant in Canada accept new deal, says union

Striking workers at Safran plant in Canada accept new deal, says union OTTAWA, July 5 (Reuters) - Safran SAF.PA workers in the Montreal area have voted overwhelmingly to accept a deal with the French jet engine maker after being on strike over pay since May 28, their union said on Friday. The workers, who make components for landing gear used in Airbus AIR.PA and Boeing BA.N jets, voted 98% in favor of the agreement, which was unveiled on Thursday, union spokesman Thierry Lariviere said in a sta
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Striking workers, Safran reach agreement over pay in Canada, says union

UPDATE 2-Striking workers, Safran reach agreement over pay in Canada, says union Adds timing of ratification vote paragraph 2 July 4 (Reuters) - Striking Safran SAF.PA workers in the Montreal area have reached an agreement in principle with the French jet engine maker after being on strike over pay since May 28, union representative Michael Durand told Reuters on Thursday.
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Striking Quebec Safran workers reach in-principle agreement with jet engine maker, union says

Striking Quebec Safran workers reach in-principle agreement with jet engine maker, union says July 4 (Reuters) - Montreal-area Safran SAF.PA workers have reached an agreement in principle with the jet engine maker over the Canadian factory that has been on strike since May 28, a union official told Reuters on Thursday. Reporting by Arasu Kannagi Ba
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Union Says Has Reached An Agreement In Principle With Safran Over Canadian Factory That Has Been On Strike Since May 28

BRIEF-Union Says Has Reached An Agreement In Principle With Safran Over Canadian Factory That Has Been On Strike Since May 28 July 4 (Reuters) - UNION SAYS HAS REACHED AN AGREEMENT IN PRINCIPLE WITH SAFRAN OVER CANADIAN FACTORY THAT HAS BEEN ON STRIKE SINCE MAY 28 UNION SAYS AGREEMENT IN PRINCIPLE WITH SAFRAN WILL BE PRESENTED TO MEMBERS IN THE NEX
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French banks rise as election poll casts doubts on RN victory

BUZZ-French banks rise as election poll casts doubts on RN victory ** Shares of French banks rise after a Wednesday poll suggested the far-right National Rally (RN) would fall short of a majority in parliament ** The second round of French parliamentary elections kicks off on Sunday; the far-right RN of Marine Le Pen won the first round ** A Harris Interactive poll suggested RN would only get 190 to 220 seats in round two of the elections, less than the 289 needed to form a majority ** "We think
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Safran, Airbus To Provide Maintenance For The German Bundeswehr's H145M Engines

BRIEF-Safran, Airbus To Provide Maintenance For The German Bundeswehr's H145M Engines July 3 (Reuters) - Airbus SE AIR.PA : SAFRAN HELICOPTER ENGINES SIGNED SUPPORT-BY-THE-HOUR CONTRACT WITH AIRBUS HELICOPTERS FOR THE ENGINES POWERING THE GERMAN BUNDESWEHR'S NEW FLEET OF AIRBUS H145M HELICOPTERS CONTRACT FOR A TOTAL FLEET OF 2,000 ENGINES CONTRACT
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French defence, construction stocks up after first round of election

BUZZ-French defence, construction stocks up after first round of election ** French defence and construction stocks rise after a far-right win in Sunday's first round of voting that somewhat eased investors' uncertainty ** "Uncertainty around the second-round results remains high, but a cohabitation outcome has become more likely than it was before," says Barclays in a note ** The brokerage says the two likely outcomes are a hung parliament with no immediate absolute majority or a National Rally
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Top of the Street: Kering, LEG Immobilien, Gecina, Klepierre, Safran, Admiral, Rio Tinto, Anglo American, PSP Swiss Property

BUZZ-Top of the Street: Kering, LEG Immobilien, Gecina, Klepierre, Safran, Admiral, Rio Tinto, Anglo American, PSP Swiss Property A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** BofA Global Research Shares double upgrades the luxury group Kering PRTP.PA to "buy" from "underperform", citing early signs of brand heat improvement at its crown jewel Gucci ** DB ups LEG Immobilien LEGn.DE to "buy" from "hold", adding European real estate sector has "clearly i
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Safran And MTU Aero Engines Create Eura Joint Venture

BRIEF-Safran And MTU Aero Engines Create Eura Joint Venture June 26 (Reuters) - Safran SA SAF.PA : SAFRAN AND MTU AERO ENGINES CREATE EURA JOINT VENTURE TO POWER NEXT GENERATION OF EUROPEAN MILITARY HELICOPTERS 50/50 JOINT VENTURE EURA WILL FOCUS ON DEVELOPMENT OF A NEW HEAVY HELICOPTER ENGINE TO POWER NEXT GENERATION OF EUROPEAN MILITARY HELICOPTE
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MTU Aero Engines And Safran Create Eura Joint Venture

BRIEF-MTU Aero Engines And Safran Create Eura Joint Venture June 26 (Reuters) - MTU AERO ENGINES AG MTXGn.DE : SAFRAN AND MTU AERO ENGINES CREATE EURA JOINT VENTURE TO POWER THE NEXT GENERATION OF EUROPEAN MILITARY HELICOPTERS SAFRAN HELICOPTER ENGINES AND MTU AERO ENGINES HAVE SIGNED A CO-OPERATION AGREEMENT TO ESTABLISH THE 50:50 JOINT VENTURE EU
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Engine maker's Boeing dilemma seen weighing on Airbus output revision

ANALYSIS-Engine maker's Boeing dilemma seen weighing on Airbus output revision Adds CFM statement in paragraph 16 By Tim Hepher PARIS, June 25 (Reuters) - Engine maker CFM's wariness to ramp up supplies significantly to Airbus AIR.PA at a time of stress for its other key customer Boeing BA.N was likely one factor in Airbus' move to delay planned jet output increases, industry sources said on Tuesday.
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Five-week Quebec Safran strike adds to aircraft supply-chain woes

Five-week Quebec Safran strike adds to aircraft supply-chain woes By Allison Lampert June 25 (Reuters) - A five-week strike by Montreal-area Safran SA SAF.PA workers who make landing-gear components used in Boeing BA.N and Airbus AIR.PA jets shows no signs of resolution as planemakers say supply-chain snags are hampering production. Workers picketed on Tuesday outside the factory in Mirabel, Quebec, where Safran has been running operations using personnel who are not striking, a company spokespe
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Engine maker's Boeing dilemma helped to stall Airbus's output plans

ANALYSIS-Engine maker's Boeing dilemma helped to stall Airbus's output plans Adds Cirium Ascend data on CFM deliveries in paragraph 17 By Tim Hepher PARIS, June 25 (Reuters) - Engine maker CFM's wariness to ramp up supplies significantly to Airbus AIR.PA at a time of stress for its other key customer Boeing BA.N was likely a factor in Airbus' move to delay planned jet output increases, industry sources said on Tuesday.
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Engine maker's Boeing dilemma helped to stall Airbus's output plans

ANALYSIS-Engine maker's Boeing dilemma helped to stall Airbus's output plans By Tim Hepher PARIS, June 25 (Reuters) - Engine maker CFM's wariness to ramp up supplies significantly to Airbus AIR.PA at a time of stress for its other key customer Boeing BA.N was likely a factor in Airbus' move to delay planned jet output increases, industry sources said on Tuesday.
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GE Aerospace shares fall as customer Airbus cuts jet delivery target

BUZZ-GE Aerospace shares fall as customer Airbus cuts jet delivery target ** Shares of GE Aerospace GE.N fall 1.3% to $158.39 in premarket trade ** Airbus AIR.PA , a client for GE through CFM International, lowered its 2024 jet delivery forecast to 770 from 800 on Monday ** CFM, co-owned by GE and France's Safran SAF.PA is one of the two engine sup
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Safran Says Estuaire Raises EUR 2.2 Mln To Reduce Aviation Climate Impact

BRIEF-Safran Says Estuaire Raises EUR 2.2 Mln To Reduce Aviation Climate Impact June 25 (Reuters) - Safran SA SAF.PA : ESTUAIRE RAISES EUR 2.2 MLN IN SEED ROUND TO REDUCE CLIMATE IMPACT OF AVIATION INVESTOR LINEUP INCLUDES SAFRAN CORPORATE VENTURES, XANGE, AND AFI VENTURES, EARLY-STAGE IMPACT ARM OF VENTECH Source text: tinyurl.com/4d9fwmru Further
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European shares drop, aerospace stocks hammered

LIVE MARKETS-European shares drop, aerospace stocks hammered STOXX 600 down 0.3% Airbus drags sector lower Merck KGaA tumbles Wall St futures steady Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPEAN SHARES DROP, AEROSPACE STOCKS HAMMERED A drop in aerospace and defense stocks following a profit warning from Airbus is dragging the STOXX 600 lower on Tuesday.
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Airbus on track for worst day since 2022 after guidance cut

BUZZ-Airbus on track for worst day since 2022 after guidance cut Updates share move, adds milestones ** Shares in Airbus AIR.PA drop around 9% to December lows after the aerospace group cut its industrial and financial guidance and took a charge for its space activities * * If losses hold, the stock will see its worst day since March 2022, it is am
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds Eramet, MTS, Amara Raja Energy and Mobility, Africa Oil, America Movil, Fosun International, Riot Platforms; Updates Vista Outdoor June 24 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday: ** French miner Eramet ERMT.PA said it had decided, along with Germany's BASF BASFn.DE , to cancel a $2.6 billion joint investment project in a nickel-cobalt refining complex in Weda Bay, Indonesia.
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Wendel To Sell Preligens To Safran

BRIEF-Wendel To Sell Preligens To Safran June 24 (Reuters) - Wendel SE MWDP.PA : WENDEL GROWTH TO REALIZE ITS FIRST EXIT FOLLOWING EXCLUSIVE DISCUSSIONS WITH SAFRAN TO ACQUIRE PRELIGENS, A LEADER IN ARTIFICIAL INTELLIGENCE FOR AEROSPACE AND DEFENSE ENTERPRISE VALUE OF 220 MILLION EUROS REALIZATION OF TRANSACTION WOULD GENERATE NET PROCEEDS FOR WEND
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