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Safran lifts 2026 outlook as LEAP engine deliveries surge 41%
Safran announced an upgraded full‑year outlook for 2026 after posting record profitability in the first half of the year. Adjusted revenue reached €17.57 billion, up 19% year‑on‑year, while adjusted recurring operating income rose 29% to €3.24 billion, lifting the operating margin to a record 18.4%. Free cash flow was €2.62 billion and adjusted net income increased 21% to €1.92 billion.
The company delivered 1,030 CFM International LEAP engines in the January‑June period, a 41% increase over the same period in 2025 and the fourth consecutive quarter with deliveries above 500 units. Safran now expects full‑year LEAP deliveries to grow by roughly 20% versus 2025, revising earlier expectations of about 15% growth.
After‑market activity drove much of the performance: civil‑engine spare‑parts revenue grew 27.9% in dollar terms and civil‑engine services revenue climbed 40.4%, supported by LEAP per‑flight‑hour maintenance contracts. Safran also signed a memorandum of understanding with Indian airline IndiGo for more than 1,000 LEAP‑1A engines, the largest such deal the company has ever secured with an airline.
Entities
CFM International · IndiGo · LEAP engine · Olivier Andriès · Safran
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] Adjusted recurring operating income rose 29% to €3.24 billion, giving Safran an operating margin of 18.4%. www.aerointernational.de · www.hosteltur.com
- [● 2 SOURCES] Safran now expects full‑year LEAP deliveries to grow by about 20% versus 2025, up from a prior forecast of roughly 15%. www.hosteltur.com
- [● 4 SOURCES] Safran raised its full‑year 2026 financial outlook after reporting record profitability in the first half of 2026. www.aerointernational.de · www.hosteltur.com · information.tv5monde.com
- [● 3 SOURCES] Free cash flow for Safran in the first half of 2026 was €2.62 billion. www.aerointernational.de · www.hosteltur.com
- [● 2 SOURCES] Civil‑engine spare‑parts revenue increased 27.9% in USD terms and civil‑engine services revenue rose 40.4% in the first half of 2026. www.hosteltur.com
- [● 3 SOURCES] Adjusted revenue for Safran in the first half of 2026 was €17.57 billion, a 19% increase year‑on‑year. www.aerointernational.de · www.hosteltur.com
- [● 2 SOURCES] Safran delivered 1,030 LEAP engines in the first half of 2026, a 41% increase over the same period in 2025. www.hosteltur.com
- [● 2 SOURCES] Safran signed a memorandum of understanding with IndiGo for more than 1,000 LEAP‑1A engines. information.tv5monde.com