Categories: World

Safran CEO says company on 'good path' to catching up on engine delays

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TDG Syndication

PARIS, Oct 13 (Reuters) - The chief executive of Safran said on Monday the French engine maker is "on a good path" towards catching up on engine delays to Airbus by the end of this month. Asked after a Moroccan plant ceremony whether CFM, jointly owned by Safran and GE Aerospace, would send through enough engines to allow Airbus to meet its 2025 jet delivery targets, Olivier Andries said: "Airbus has announced they had a very good quarter of deliveries for Q3 and we also had a very good performance in engine deliveries to Airbus in the quarter." "Airbus also said the number of planes without engines has fallen: this naturally reinforces our confidence. I have always said that we wanted to catch up on the delays by the end of October and I think we are on a good path," he said. (Reporting by Tim Hepher; Editing by Chris Reese) (The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
TDG Syndication
Published by TDG Syndication