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Safran SA (SAF.PA)

Paris - Paris Delayed Price. Currency in EUR
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76.11-0.06 (-0.08%)
As of 9:19AM CEST. Market open.
Interactive chart
Previous Close76.17
Bid60.98 x 200
Ask61.50 x 17100
Day's Range75.97 - 76.34
52 Week Range59.42 - 78.41
Avg. Volume960,134
Market Cap31.64B
PE Ratio (TTM)16.91
Earnings DateN/A
Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Reuters12 days ago

    TCI calls on Safran to drop Zodiac deal and fix engines

    LONDON/PARIS, May 12 (Reuters) - Activist investor TCI Fund Management has called on the board of French aerospace firm Safran to cancel a takeover of Zodiac Aerospace immediately and instead focus on fixing design problems with a new engine. The move is the latest attempt by TCI to stop Safran's $9 billion deal with struggling Zodiac, which the British hedge fund considered too expensive even before the latest profit warning from the maker of aircraft seats. In a letter to the Safran board dated May 12, TCI said instead of pursuing the takeover, which would take up a lot of management time and focus, it should instead look to fix a problem with its new LEAP engine.

  • Reuters12 days ago

    Boeing must clear 737 MAX engines with US regulator to fly again

    The U.S. aviation regulator must reapprove the engines on Boeing Co's 737 MAX jetliner before it can take flight and begin deliveries, the engine maker said on Thursday, after the new aircraft was grounded due to an engine problem. The regulatory hurdle could push back the resumption of 737 MAX flights, a potentially serious issue for Boeing if it delays the scheduled first deliveries of the $110 million plane to airlines this month. The delivery of a plane is a crucial step for Boeing since it receives the bulk of its payment when it turns over the aircraft keys and airlines fly their new planes home from the factory.

  • Boeing suspends 737 MAX flights due to engine issue
    Reuters13 days ago

    Boeing suspends 737 MAX flights due to engine issue

    Boeing Co (BA.N) said on Wednesday it had temporarily halted test flights of its new 737 MAX aircraft due to an issue with the engine, which is jointly made by General Electric Co (GE.N) and Safran SA (SAF.PA) of France. The grounding comes days before Boeing was due to deliver its first 737 MAX to an airline and marks a high-profile delay in a program that Boeing had said was ahead of schedule. It poses no safety concerns for travelers because no airlines are yet flying the 737 MAX but it could mean a costly disruption if the problem persists.