Safran lifts 2026 outlook as LEAP engine deliveries surge 41%

French aerospace group Safran raised its full‑year 2026 financial outlook after reporting record profitability in the first half of the year. Adjusted revenue reached €17.57 billion, operating margin hit a new high of 18.4%, adjusted net income rose 21% to €1.92 billion, and free cash flow was €2.62 billion.

Safran delivered 1,030 LEAP engines in the first half, a 41% increase over the same period in 2025, and expects total LEAP deliveries for the year to grow by about 20% versus 2025. The company highlighted a memorandum of understanding with Indian carrier IndiGo for more than 1,000 LEAP‑1A engines and a future maintenance centre, calling it its largest airline contract to date. Safran also noted increased defense deliveries, including 33 Rafale M88 engines.

CEO Olivier Andriès said the results reflect strong civil‑aviation demand and the company is prepared for “all scenarios” envisioned by Airbus and Boeing for future aircraft.