Cabin interiors specialist B/E Aerospace made record revenues of $701 million in the year to 27 February, boosted by the sale of its in-flight entertainment business to Sextant Avionique, but still recorded a net $40 million loss after closing seven sites.
Source: Flight International
Airbus chief executive Guillaume Faury says the airframer has been “blindsided” by a sharp drop-off in CFM International Leap engine deliveries, and is waiting to see how soon the powerplant manufacturer can recover. Speaking at a half-year briefing on 30 July, Faury said the Leap delays were “not factored” into ...
French aerospace firm Safran’s aircraft interiors division has narrowly edged into operating profit for the first half, turning around a heavy loss at the same point last year. The division, which generated a €100 million ($108 million) interim loss in 2023, posted a €10 million profit for the six months ...
Airbus is implementing a short-term cost-containment programme intended to support its production ramp-up efforts. Speaking during a first-half briefing, chief executive Guillaume Faury said the aim of the programme – which has been designated ‘Lead’ – is to prioritise serving the ramp-up and financial performance, and avoid being “distracted”. He ...
