French jet engine maker Safran on Wednesday named U.S. contractor Howmet Aerospace as the supplier of parts at the centre of industrial issues that led to a ...
PARIS - French jet engine maker Safran on Wednesday named U.S. contractor Howmet Aerospace as the supplier of parts at the centre of industrial issues that led to a slowdown of engine production and curtailed deliveries of Airbus jets.
The tone of the remarks appeared to strike a contrast with comments a day earlier by Howmet CEO John Plant. Andries' comments referred to the quality of parts rather than quantity. Experts say production yield is the proportion of parts that meet rigorous inspection thresholds in aerospace. The shortfall in LEAP engine deliveries in the second quarter leaves CFM facing a sharp increase in output in the second half. Andries said CFM had reached agreement in principle with Airbus over volumes to be supplied in 2025.DoubleLine sounds alarm on US government debt spiralling higher
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Olivier Andries GE Aerospace LEAP Engine Airbus Turbine Blades Jet Engine Safran Airbus A320 Family
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