2011

PRESS RELEASE

20.06.2011
Aircelle Signs Nacelle Services Agreement With SIA Engineering Company

Paris, Le Bourget, France, June 20, 2011

Aircelle, Safran group, has expanded its global maintenance network into Asia Pacific Region through an agreement with SIA Engineering Company Limited (SIAEC) for the repair, overhaul and services of Aircelle engine nacelles of SIA’s fleet and related operators, as well as other legacy customers of SIAEC.

This Services agreement combines the nacelle OEM (Original Equipment Manufacturer) and MRO (Maintenance Repair and Overhaul) expertise of Aircelle in its wide range of OEM Nacelle systems and products, together with services support from SIAEC’s extensive MRO capabilities at its facilities in Singapore.

“The agreement with SIAEC is part of Aircelle’s determined strategy to be positioned where our Nacelles are flying, combining our capabilities with those of SIAEC to be closer to our customers, and thus further enhancing our Services offer in the Asia Pacific region” said Vincent Mascré, Chairman and CEO of Aircelle.

Aircelle is one of the leading players in the worldwide nacelle market for aircraft engines. A subsidiary of the Safran group, it employs nearly 3,000 people on seven sites in France, the United Kingdom and Morocco. Aircelle is the only nacelle manufacturer in the world present on all the market segments, from regional and business aircraft to the largest airliners, including the Airbus A380. Aircelle also is developing the worldwide customer support and service activity for nacelles and their components.

For more information : www.aircelle.com

PRESS RELEASE

21.06.2011
ILFC Place $950M LEAP Engine Order to Power Airbus A320neo Aircraft

New Engine Offers 15 percent Gains in Fuel Efficiency

LE BOURGET, France — June 21, 2011 — International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc. (NYSE: AIG),and CFM International today announced that leasing company has selected CFM International’s advanced LEAP engine to power 40 new Airbus A320neo aircraft scheduled to begin delivery in 2016. The firm engine order is valued at $950 million at list price. ILFC also has options for 20 additional aircraft.

“Selecting the LEAP engine to power our new A320neos is right in line with our objectives of providing the industry’s most technologically advanced products to our customers,” said ILFC Chief Executive Henri Coupron. “We manage a huge CFM56-powered portfolio today and we are looking forward to bringing LEAP into that mix.”

“CFM and ILFC have a very successful 25-year relationship,” said Jean-Paul Ebanga, president and CEO of CFM International. ‘As we take that relationship to the next level, we are excited to bring all of the benefits of LEAP technology, including better fuel burn and an improved environmental footprint with CFM’s industry-leading reliability and low maintenance costs, to ILFC and its customers.”

CFM International (CFM) set aggressive technical target for LEAP and testing to date confirms that the engine is meeting those goals. Compared to today’s best engines, LEAP will provide ILFC customers with 15 percent better fuel efficiency, which equates to an equal reduction in CO2 emissions; a 50 percent margin compared to today’s oxides of nitrogen (NOx) requirements; and 10 – 15 dB lower noise; all with CFM’s legendary reliability and comparable maintenance costs. LEAP is a product of CFM International (CFM), a 50/50 joint company between Snecma (Safran group) and GE.

About ILFC ILFC is the international market leader in the leasing and remarketing of commercial jet aircraft to airlines around the world. Through our employees’ expertise and passion for aviation, ILFC delivers innovative customized fleet solutions that generate strong financial performance. ILFC currently owns and manages a fleet portfolio of over 1000 aircraft. www.ilfc.com

About AIG American International Group, Inc. (AIG) is a leading international insurance organization serving customers in more than 130 countries. AIG companies serve commercial, institutional and individual customers through one of the most extensive worldwide property casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States. AIG common stock is listed on the New York Stock Exchange, as well as the stock exchanges in Ireland and Tokyo.

PRESS RELEASE

21.06.2011
National Air Services Places $620 Million CFM56-5B Engine Order Airbus

LE BOURGET, France – 21 June 2011 – National Air Services (NAS) today announced that it has selected CFM International’s CFM56-5B engine to power 20 firm Airbus A320 family aircraft. The aircraft are scheduled for delivery between 2012 and 2016 and the order is valued at $620 million U.S. at list price including a service and support agreement. The airline is scheduled to take delivery in 2012 and 2013.
Together with the engine selection, NAS also signed an eight-year Rate per Flight Hour (RPFH) agreement to provide comprehensive maintenance service for the fleet under which CFM will guarantee maintenance costs on a dollar per engine flight hour basis.

"We are so pleased that NAS has chosen to remain with the CFM56-5B engines for its purchased fleet,,” said Jean-Paul Ebanga, President and CEO of CFM. “We have established a great relationship with them in a relatively short time and we look forward to working more closely with them through the RPFH agreement to service and support this growing fleet.”

NAS, currently operating through its low-cost carrier nasiar from its base in Riyadh, was formed in 2007 and has since grown to operate more than 450 flights per week to more than 30 domestic and international destinations. The airline currently operates a fleet of nine leased CFM56-5B-powered Airbus A320 aircraft.

All of NAS’s new engines will be the CFM56-5B Performance Improvement Package (PIP) configuration. The -5B PIP completed extensive ground testing and more than 26 hours of flight testing on the A320. The engine, which will become the new production standard, is on schedule for certification and entry into service by the end of 2011.
The improvements, which provide a 0.5% improvement in fuel burn, include hardware changes to the core, including new high-pressure turbine blade, as well as manufacturing changes the fan and compressor blades and vanes to improve performance retention. The engine will maintain the same noise signature as the current production engine. These engines also meet current International Civil Aviation Organisation (ICAO) Committee of Aviation Environmental Protection standards (CAEP /6) requirements.

CFM56-5B engines are a product of CFM International, a 50/50 joint company between Snecma (Safran group) and GE. CFM, the world’s leading supplier of commercial aircraft engines, has delivered more than 22,200 engines to date. The CFM56-5B engine powers every model of the Airbus A320 family and has been chosen to power nearly 60 percent of all A320 aircraft in service or on order.

PRESS RELEASE

21.06.2011
Hamilton Sundstrand and Microturbo form partnership for new-generation electrical and bleed auxiliary power units for corporate and business aircraft market

Paris Le Bourget – France – June 21ST, 2011 - Hamilton Sundstrand Corporation, a subsidiary of United Technologies Corp. (NYSE: UTX), and Microturbo (a Safran Group Company, NYSE: SAFRAN), have signed an agreement to form a partnership for the development of new-generation electrical and bleed APUs and APU installation systems, targeting the business jet market.

First application for the new partnership will be the Bombardier Global 7000 & Global 8000 aircraft for which Hamilton Sundstrand was recently selected as the APU supplier. Hamilton Sundstrand has launched the design and development of a new APU system for this Bombardier program. Under the partnership agreement announced today, Microturbo will design, certify and supply major modules and components for the APU and the installation system in support of Hamilton Sundstrand’s design and development of the overall APU system.

“Our new partnership with Microturbo demonstrates Hamilton Sundstrand’s long-term commitment to the APU engine business. This partnership will provide the business and corporate aircraft marketplace with a complimentary combination of skill sets that directly addresses the need for increased performance and reliability, with lower operating cost.” said Danny Di Perna, vice president & general manager of Hamilton Sundstrand’s APU Business Unit.

“Microturbo is pleased to join with Hamilton Sundstrand in developing new-generation electrical and bleed APU solutions which respond to the needs of customers. The significant experience and advanced technologies of each partner will combine to advance the APU state-of-the-art to serve the corporate and business aircraft market.” said Mr. Pierre-Yves Morvan, CEO of Microturbo. “This partnership will enable us to offer customers a complete and competitive set of products such as the e-APU and services which meets every requirement of present and future prospects.” Mr. Morvan added.

Microturbo, based in Toulouse, France, is a world leader in propulsive and power systems with more than 10,000 units delivered. Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Safran group has more than 54,000 employees and generated sales of 10.8 billion euros in 2010. Hamilton Sundstrand’s APU business, based in San Diego, California, a world leader in the APU market, currently has more than 13,000 engines in service.

With 2010 sales of $5.6 billion, Hamilton Sundstrand is headquartered in Windsor Locks, Conn. Among the world’s largest suppliers of technologically advanced aerospace and industrial products, the company designs, manufactures and services aerospace systems and provides integrated system solutions for commercial, regional, corporate and military aircraft. It also is a major supplier for international space programs. United Technologies Corp., based in Hartford, Conn., is a diversified company that provides high-technology products and services to the aerospace and building industries.

PRESS RELEASE

21.06.2011
Sagem signs agreement with CAAC to team up on flight data management in China

Paris Air Show, Le Bourget, June 21, 2011

Sagem (Safran group) today signed a collaboration agreement with the China Academy of Civil Aviation Science and Technology (Center of Aviation Safety Technology, CAAC) to provide Chinese airlines with world-class systems and services for the management and monitoring of flight data.

The agreement was signed by Guan Wuping, Vice Chairman of CAST (Center of Aviation Safety Technology), and Philippe Petitcolin, Chairman and CEO of Sagem.

The agreement, which applies to all of mainland China, provides for the following:

• Sagem will support Chinese Airlines by providing its expertise in flight data management for enhanced flight safety and risk management, based on its Analysis Ground Station (AGS) system;
• Sagem will assist CAST to improve its support for Chinese airlines and other operators concerning the analysis of flight data;
• CAST will help Sagem receive Chinese certification for its aircraft condition monitoring systems (ACMS) and wireless data transmission systems;
• Sagem will work with CAST to develop its Cassiopée range of services for Chinese airlines, by optimizing flight phases and operating cost management;

Sagem’s AGS is a semi-automatic aircraft flight data analysis system, enabling operators to optimize fleet maintenance management and reduce costs (via the MOQA approach: Maintenance Operation Quality Assurance), while also helping to improve flight safety (Flight Operation Quality Assurance – FOQA).

Chosen by more than 500 users worldwide, including almost 135 airlines, AGS has become the world’s leading flight data analysis system. It is used and recommended by major aircraft and aero-engine manufacturers.

Sagem, a high-tech company in the Safran group, holds world or European leadership positions in optronics, avionics, electronics and safety-critical software for both civil and military markets. Sagem is the No. 1 company in Europe and No. 3 worldwide for inertial navigation systems (INS) used in air, land and naval applications. It is also the world leader in helicopter flight controls and the European leader in optronics and tactical UAV systems. Operating across the globe through the Safran group, Sagem and its subsidiaries employ 7,000 people in Europe, Southeast Asia and North America. Sagem is the commercial name of the company Sagem Défense Sécurité.
For more information: www.sagem-ds.com

CAAC, the General Administration of Civil Aviation of China, is a ministry-level organ directly under the State Council, which is responsible for the national civil aviation affairs. CAAC is authorized by the Civil Aviation Law of People’s Republic of China (PRC) to "enforce the unified supervision and regulation on the civil aviation activities of the whole country, and in accordance with laws and State Council’s decisions, to issue regulations and decisions concerning civil aviation activities within its jurisdiction".
For more information: www.caac.gov.cn

CAST, is a non-profitable research institution directly under the General Administration of Civil Aviation of China (CAAC). The main responsibilities of CAST include: carrying out science research and innovation to improve the management level on civil aviation safety and economy; providing technological support to CAAC when performing industry regulations; and providing integrated services to the development of China civil aviation.
For more information: www.castc.org.cn

PRESS RELEASE

21.06.2011
CIT Aerospace, CFM Announce LEAP Engine Order for up to 25 Airbus A320neo Aircraft

NEW YORK & PARIS – 21 June 2011 - (BUSINESS WIRE) — CIT Group Inc. (NYSE: CIT) today announced from the 49th International Paris Air Show that CIT Aerospace placed an order for CFM International’s LEAP-X1A engine to power 15 Airbus A320neo aircraft. The order also includes options to power an additional 10 aircraft. Deliveries are scheduled to begin in 2016. “The CFM engine has proven to be a reliable product, one that is in high demand among our customer base,” said Jeff Knittel, President of Transportation Finance at CIT. “Expanding our portfolio with the new LEAP-X1A to power the A320neo will offer our airline customers even greater fuel and operating efficiency.”

CIT Aerospace provides leasing and financing packages – including operating leases and structuring and fleet management services – for commercial airlines worldwide. CIT Aerospace owns or finances a fleet of approximately 300 commercial aircraft and serves approximately 115 customers in 55 countries.

“It’s great to welcome CIT Aerospace to the LEAP team,” said Jean-Paul Ebanga. “We have a great long-term relationship with them and we appreciate their continued confidence in the CFM product line.”

LEAP engines incorporate revolutionary technologies never before seen in the single-aisle aircraft segment. The new engine combines advanced aerodynamic design techniques, lighter, more durable materials, and leading-edge environmental technologies, making it a major breakthrough in engine technology. The 15 percent better engine fuel efficiency*, at current fuel prices, translates to as much as $1.6 million in fuel cost savings alone for customers per airplane, per year. LEAP technology will also achieve double-digit improvements in CO2 emissions and noise levels, all while providing the industry’s best reliability and lowest maintenance costs.

LEAP is a product of CFM International, a 50/50 joint company between Snecma (Safran group) and GE. CFM is the world’s leading supplier of commercial aircraft engines, with more than 22,200 delivered to 500+ operators around the globe.

About CIT Aerospace
CIT Aerospace provides financing solutions to a broad spectrum of the global aerospace value chain ranging from operators of commercial and business aircraft to manufacturers and suppliers in the aerospace and defense industries, as well as financial institutions. www.cit.com/aerospace

About CIT
Founded in 1908, CIT (NYSE: CIT) is a bank holding company with more than $35 billion in finance and leasing assets. It provides financing and leasing capital to its more than one million small business and middle market clients and their customers across more than 30 industries. CIT maintains leadership positions in small business and middle market lending, factoring, retail finance, aerospace, equipment and rail leasing, and global vendor finance. www.cit.com

PRESS RELEASE

21.06.2011
Microturbo’s e-APU60 will be installed on the AW149

Paris Le Bourget – June 21st, 2011.

Agusta Westland, a Finmeccanica company, has selected the e-APU60 of Microturbo (Safran group), a new concept of auxiliary power unit specially designed to meet the requirements of new-generation aircraft which will need more electrical power, to be installed on the AW149, new-generation medium class multi-role helicopter.

The key features of the e-APU60 that have contributed to this selection are: best power-to-weight ratio, exceptional compactness, streamlined architecture and high pressure cycle based on innovative technologies, insuring high reliability, low operating cost and remarkable performance.

The e-APU60, capable of delivering electrical power up to 60 kWe, will ensure the electrical start-up of the engines (on-ground and in case of in-flight shutdown) and also cabin warm-up.

“Microturbo is particularly proud to be a part of this program” said Jean-Baptiste Jarin, Commerce and Customer Support Director. “Development of the e-APU60 is progressing as planned and the delivery of a first system for flight tests is scheduled this summer” added Pierre-Yves Morvan, Chief Executive Officer.

As for the AW149, this new APU EASA and FAA certification is on schedule. The e-APU60 will be certified for use in the essential category by the end of 2012, before the qualification of this new helicopter in 2013.

Microturbo, a Safran group company, is specialized in the design, development and production of low power gas turbine systems. Based in Toulouse, France, Microturbo is a world leader in propulsive and power systems with more than 10,000 units delivered.

PRESS RELEASE

22.06.2011
Sagem delivers first prototype primary mirror segments for the European Extremely Large Telescope

Paris Air Show, Le Bourget, June 22, 2011

Sagem (Safran group) has delivered to ESO (European Southern Observatory) the first five prototype segments for the primary mirror on the European Extremely Large Telescope (E-ELT), a major step forward in proving the feasibility of this exciting new instrument.

The E-ELT is a huge telescope with a primary mirror measuring some 40 meters in diameter (130 ft), designed to significantly improve our understanding of the Universe. It comprises nearly 1,000 mirror segments, whose shape and position are continuously adjusted using miniature electromechanical actuators. While improving the overall image quality, this giant mirror also provides a 15-fold increase in the surface area that gathers in light from the stars, outpacing all telescopes built to date. The European Extremely Large Telescope will drive considerable progress in astronomy, especially through its ability to directly acquire images of exoplanets (outside the Solar System). It will start operation early in the next decade pending a final go-ahead for E-ELT construction from the ESO Council.

The prototype mirrors for the E-ELT are produced by Reosc, a Sagem entity in Saint-Pierre-du-Perray, near Paris. This facility is unrivaled in Europe, with its ability to polish large mirrors to a surface accuracy of several nanometers, especially the aspheric segments located off-axis on the mirror.

Sagem met several major technological and industrial challenges on the E-ELT program. For instance, the 1.4-meter aspheric, hexagonal-shaped segments were produced to unprecedented precision out to the edge of the mirror, using an advanced computer-aided polishing technique and ion beam machining. The large radius of the telescope mirror (84 meters/275 ft) made it very difficult to measure these segments, thus requiring the use of an “extra large” test bench.

Sagem develops and produces high-performance optics for satellites, large telescopes, high-energy lasers and the semiconductor industry. For example, the company made the single-piece 8-meter (26 ft) mirrors for Europe’s Very Large Telescope (VLT), and the international Gemini telescope. It also made the 11-meter (36 ft) mirror for the Gran Telescopio de Canarias, the mirrors for the Nirspec instrument on the James Webb Space Telescope and the Gaia astronomy satellites, as well as optics for Meteosat, Spot and Helios satellites.

Sagem, a high-tech company in the Safran group, holds world or European leadership positions in optronics, avionics, electronics and safety-critical software for both civil and military markets. Sagem is the No. 1 company in Europe and No. 3 worldwide for inertial navigation systems (INS) used in air, land and naval applications. It is also the world leader in helicopter flight controls and the European leader in optronics and tactical UAV systems. Operating across the globe through the Safran group, Sagem and its subsidiaries employ 7,000 people in Europe, Southeast Asia and North America. Sagem is the commercial name of the company Sagem Défense Sécurité.
For more information : www.sagem-ds.com.

PRESS RELEASE

18.06.2011
CFM Marks its 1,001st Innovations for the LEAP Engine

Innovations ensure LEAP Reliability, Durability, Efficiency, Low Operating Costs

PARIS, France – 18 June 2011 – With a nod to the thousands of men and women worldwide who are developing the next-generation engine of choice for single-aisle aircraft, CFM International today marks its 1,001st technology innovation for the advanced LEAP engine.

To celebrate this milestone, CFM identified the 3-D woven, resin transfer molding (RTM) composite fan blade as innovation #1,001. This patented, revolutionary technology uses woven carbon fibers and a unique manufacturing process to create maintenance-free, highly durable blades. The light-weight fan, combined with a composite fan case, reduces aircraft weight by 1,000 pounds compared to the same size fan manufactured using all-metal materials. This lower weight, along with state-of-the-art blade design, contributes about half of the 15 percent fuel efficiency improvement the LEAP engine will provide. And that’s great news for customers.

“The 1,001 technology innovations we have identified are certainly just the tip of the iceberg,” said Jean Paul Ebanga, president and CEO of CFM International. “We recognized long ago that it would take the combined efforts of thousands of people and multiple technology innovations to meet our customers’ long-term expectations. It takes a passion for innovation and precision in execution to deliver CFM-level quality and technology day in and day out.”

The result of that work is the LEAP engine, which incorporates revolutionary technologies never before seen in the single-aisle aircraft segment. The new engine combines advanced aerodynamic design techniques, lighter, more durable materials, and leading-edge environmental technologies, making it a major breakthrough in engine technology. Its 15 percent better fuel efficiency*, at current fuel prices, translates to as much as $1.6 million in fuel cost savings alone for customers per airplane, per year. LEAP technology will also achieve double-digit improvements in CO2 emissions and noise levels, and LEAP’s industry-leading combustor technology will reduce emissions of oxides of nitrogen (NOx), a greenhouse gas, by 50 percent compared to current requirements. And it will do this all while providing the industry’s best reliability and lowest maintenance costs.

To see some of the highlighted LEAP innovations, go to www.cfm56.com/1001. With a base of more than 500 customers, and more than 22,200 engines delivered, CFM has consistently delivered on its commitments, completing 21 engine/aircraft certifications on time and on specification.

* compared to today’s best CFM56 engines

PRESS RELEASE

20.06.2011
eCore 2 Testing Begins Ahead of Schedule

LE BOURGET, France— 20 June 2011—CFM International began testing the advanced eCore Demonstrator 2 on May 24th , one month ahead of schedule, at a special altitude test facility in Evendale, Ohio.

eCore Demo 2, which includes a 10-stage compressor, lower emission TAPS 2 combustor, and two-stage high-pressure turbine, is the configuration for the LEAP engine schedule to enter service on the Airbus A320neo and COMAC C919 in 2016.

LEAP is a product of CFM, a 50/50 joint company between Snecma (Safran group) and GE.

CFM has achieved 100 percent power and completed mechanical break-in. Testing now begins in earnest, with aeromechanical testing to validate vibration levels in the high-pressure compressor and high-pressure turbine.

"We are absolutely thrilled with the results we have achieved," said Ron Klapproth, LEAP program director for CFM. "The core is running smoothly, and getting to test a month ahead of schedule is a great accomplishment. It really demonstrates our commitment to mature the technology well ahead of time; we’re confident that we will meet our performance targets.”

CFM will complete approximately 150 – 200 test hours on the core over the next few months. The heavily instrumented hardware is testing approximately 2,000 different engine parameters. This unique test facility allows CFM to put the hardware through its paces by simulating both ground and altitude conditions over a much greater operating range than could be conducted with a full engine test. It allows engineers to see how the core behaves outside of standard operating conditions at extremes the engine would never encounter in typical commercial airline service.

CFM International is a 50/50 joint company between Snecma (Safran group) and GE. It is the world’s leading producer of commercial aircraft engines, with more than 21,000 delivered since the company’s formation in 1974.

PRESS RELEASE

20.06.2011
Full-scale LEAP Fan Blade-Out Rig Test Yields Outstanding Results; Advanced LEAP Fan Endurance Test Nearing Completion

LE BOURGET, France— 20 June 2011— Testing of CFM International’s advanced 3-D Woven Resin Transfer Molding (3-DW RTM) fan is proceeding on schedule and the company is achieving outstanding results.

In May, CFM completed a full-scale fan blade out rig test, simulating certification requirements for the proprietary 3-DW RTM technology. The company has also completed extensive full-scale component tests, including bird ingestion testing with the same very positive results.

“The fan blade out test went beautifully,” said Bastin. “The fan experienced very low overall unbalance and behaved as we had predicted in pre-test simulations. We also included the composite fan case, which showed no cracks or stress defects and all parts were contained. This test was a total success and confirmed that the LEAP fan will meet all certification requirements. ”

Endurance testing of 3-DW RTM fan is also proceeding on schedule, with 3,500 of the planned 5,000 cycles completed. The demanding test was designed to evaluate fan behavior within a real thermal and vibratory environment. The results have been outstanding, meeting or exceeding all pre-test predictions.

"The endurance test is an important one for us because it addresses the conditions that our customers will eventually see in operation,” said Francois Bastin, director of the LEAP Program for CFM. “With only 1,500 cycles to go, we have seen absolutely no change whatsoever on the fan blades. We couldn’t be happier with the results.”

CFM initiated ground test of a full-scale 3-DW RTM fan installed on a CFM56-5C MASCOT (Moteur à Aubes de Soufflante en COmposite Taille) demonstrator engine in early 2009 to validate the RTM technology.

Prior to launching the endurance test earlier this year, the MASCOT engine completed aerodynamic and performance testing at Snecma (Safran group) facilities in Villaroche, France, before being sent to GE facilities in Peebles, Ohio. It has successfully logged more than165 hours of extensive crosswind and acoustics testing to measure noise levels under various operating conditions. MASCOT will accumulate approximately 400 additional hours full-scale by year-end.

The LEAP engine is on track for certification in 2014 and entry into service in 2016.

CFM International is a 50/50 joint company between Snecma (Safran group) and GE. It is the world’s leading producer of commercial aircraft engines, with more than 22,200 delivered since the company’s formation in 1974.

PRESS RELEASE

20.06.2011
Testing Validates Ultra-High-Efficiency LEAP Low Pressure Turbine

LE BOURGET, France— 20 June 2011—In May, CFM International conducted extensive rig testing on schedule of its ultra-high-efficiency LEAP low-pressure turbine with outstanding results.

The rig, which included the full low-pressure turbine (LPT) and turbine rear frame, validated the technical innovations in the design, including the advanced three-dimensional designed airfoils and blade and vane alignment. Initial results confirmed very high efficiency levels and matched results achieved in pre-test simulations.

“The LPT is a key contributor to the engine performance,” said Francois Bastin, director of the LEAP Program for CFM. “This rig test was a major milestone and we are just thrilled with the results. This design is truly the state-of-the-art.”

Additional rig testing is planned over the next few weeks.

In parallel with the rig tests, CFM also installed LEAP LPT hardware in a modified CFM56 engine and began ground testing the first build at GE facilities in Peebles, Ohio, last month. The test plan includes a second build that will be on test by mid-year. The goal of the two builds is to assess acoustics and to validate corresponding LPT performance and airfoil mechanical behavior in a real operating environment.

The LEAP engine is on track for certification in 2014 and entry into service in 2016.

CFM International is a 50/50 joint company between Snecma (Safran group) and GE. It is the world’s leading producer of commercial aircraft engines, with more than 22,200 delivered since the company’s formation in 1974.

PRESS RELEASE

20.06.2011
GECAS Places $1.4 Billion LEAP Engine Order

LE BOURGET, France – 20 June 2011 – GE Capital Aviation Services (GECAS) today announced that it has selected CFM International’s advanced LEAP engine to power 60 new Airbus A320neo aircraft scheduled to begin delivery in 2016. The engine order is valued at $1.4 billion U.S. at list price.

“We are very pleased to once again be partnering with GECAS,” said Jean-Paul Ebanga. “We have an incredibly strong relationship with them and look forward to working with them in the future.”

LEAP engines incorporate revolutionary technologies never before seen in the single-aisle aircraft segment. The new engine combines advanced aerodynamic design techniques, lighter, more durable materials, and leading-edge environmental technologies, making it a major breakthrough in engine technology. The 15 percent better engine fuel efficiency*, at current fuel prices, translates to as much as $1.6 million in fuel cost savings alone for customers per airplane, per year. LEAP technology will also achieve double-digit improvements in CO2 emissions and noise levels, all while providing the industry’s best reliability and lowest maintenance costs.

LEAP is a product of CFM International, a 50/50 joint company between Snecma (Safran group) and GE. CFM is the world’s leading supplier of commercial aircraft engines, with more than 22,200 delivered to 500+ operators around the globe.

About GE Capital Aviation Services (GECAS): GECAS, the U.S. and Irish commercial aircraft financing and leasing business of GE, has a fleet of over 1,800 owned and managed aircraft with approximately 245 airlines in 75 countries. GECAS offers a wide range of aircraft types and financing options, including operating leases and secured debt financing, and also provides productivity solutions including spare engine leasing, spare parts financing and management. GECAS, a unit of GE Capital, has offices in 25 cities around the world.

GE (NYSE: GE) is an advanced technology, services and finance company taking on the world’s toughest challenges. Dedicated to innovation in energy, health, transportation and infrastructure, GE operates in more than 100 countries and employs about 300,000 people worldwide. For more information, visit the company’s Web site at www.ge.com.

PRESS RELEASE

22.06.2011
Tibet Airlines Place $60 Million CFM56-5B Order to Power A319 Fleet

LE BOURGET, France –- June 21, 2011 –- Tibet Airlines Co. Ltd., the newest start-up airline in China, has signed a Memorandum of Understanding (MOU) with CFM International to purchase three Airbus A319 powered by CFM56-5B engines. The aircraft are scheduled to be delivered in the July of 2011 and the engine order is valued at $60 million U.S. at list price.

Based at Konggar Airport, Lhasa, Tibet, the Airlines will start operation of domestic passenger and cargo and services from July 2011. The airline which was established in May 2010, will be the first airline based in the southwest Tibet Autonomous Region.

"We are very excited that Tibet Airlines has selected CFM56-5B to power their new fleet,” said Jean-Paul Ebanga, President of CFM International. "We appreciate their trust and offer them our commitment that we will continue to earn that trust every day. The airline is off to a great start and we’re honored to be a part of it.”

"We selected CFM56 engines after an extensive technical evaluation," said Mr. Liu Yanping, President of Tibet Airlines. "The reliability, performance and low cost of ownership advantages that the CFM56-5B provides will help ensure our airline of a smooth and successful launch into service. CFM56 engine is also a good choice for the safety of our high-altitude mission."

CFM56-5B engines are a product of CFM International (CFM), a 50/50 joint company between Snecma (Safran group) and GE and the world’s leading supplier of commercial aircraft engines. Throughout China, the CFM56 product line has proven to be the engines of choice for new start-up carriers.

PRESS RELEASE

22.06.2011
Shenzhen Airlines Selects CFM56-5B for Its New A320 Fleet

LE BOURGET, France – June 22, 2011 – In a special ceremony in China last week, Shenzhen Airlines signed an agreement with CFM International for CFM56-5B to power its 10 new Airbus A320 family aircraft.  The engine order is valued at $190 million U.S. at list price and the airline is scheduled to take delivery in 2012 and 2013 Together with the engine selection, Shenzhen also signed a Rate per Flight Hour (RPFH) agreement to provide comprehensive maintenance service for the fleet under which CFM will guarantee maintenance costs on a dollar per engine flight hour basis. 

"We are so pleased that Shenzhen Airlines has selected the CFM56-5B engines to power its new A320 fleet,” said Jean-Paul Ebanga, President and CEO of CFM. “We have established a great relationship with Shenzhen Airlines and we look forward to working more closely with them through the RPFH agreement to service and support its growing fleet.”

Shenzhen Airlines, which currently operates a fleet of 91 CFM56-powered Boeing 737s and Airbus A319/320s. Shenzhen is one of the fastest growing airlines in China, serving both domestic and international routes.

All of Shenzhen’s new engines will be the CFM56-5B Performance Improvement Package (PIP) configuration.  The -5B PIP completed extensive ground testing and more than 26 hours of flight testing on the A320.  The engine, which will become the new production standard, is on schedule for certification and entry into service by the end of 2011. The improvements, which provide a 0.5% improvement in fuel burn, include hardware changes to the core, including new high-pressure turbine blade, as well as manufacturing changes the fan and compressor blades and vanes to improve performance retention.  The engine will maintain the same noise signature as the current production engine. These engines also meet current International Civil Aviation Organisation (ICAO) Committee of Aviation Environmental Protection standards (CAEP /6) requirements.

CFM56-5B engines are a product of CFM International, a 50/50 joint company between Snecma (Safran group) and GE. CFM, the world’s leading supplier of commercial aircraft engines, has delivered more than 22,200 engines to date. The CFM56-5B engine powers every model of the Airbus A320 family and has been chosen to power nearly 60 percent of all A320 aircraft in service or on order.

PRESS RELEASE

22.06.2011
Pegasus Airlines is Greener with Messier-Bugatti-Dowty

Pegasus Airlines will be going greener after signing a contract with Safran Group’s Messier-Bugatti-Dowty for a new brake system, replacing steel for carbon, thus reducing its CO2 emissions

London, June 22nd 2011 - Continuing with its cutting-edge technological investments that continue to add to the dynamism of its young fleet, Pegasus Airlines has signed a contract with Messier-Bugatti-Dowty (Safran group) who will be supplying carbon brakes to replace the steel brakes on 47 of Pegasus’ Boeing Next-Generation 737 aircraft either on order or to be retrofitted. This replacement reduces CO2 emissions by cutting down on fuel consumption, thus creating a more environmentally friendly fleet in line with Pegasus Airlines’ mission, which also includes switching over to a paper-free office, explained Sertac Haybat, General Manager of Pegasus Airlines: “The decisive factors in signing a contract with Messier-Bugatti-Dowty were primarily the fuel savings together with the adoption of a more environmentally-aware approach, which goes hand in hand with improved performance”. The SEPCARB®IIIOR carbon brakes by Messier-Bugatti-Dowty provide weight savings of up to 320 kg per aircraft compared to steel brakes, which translates into significantly reduced fuel consumption of 150kg per day per aircraft – or 6 tons per day per 40 aircraft - and lowering CO2 emissions by 18 tonnes per day. They also offer longer endurance, exceeding 2,200 landings between overhauls. Thanks to the use of the latest technologies, the Messier-Bugatti-Dowty 737 carbon brakes are also lighter than the competing carbon product.

Pegasus Airlines www.flypgs.com Behind Pegasus Airlines, Turkey’s most established privately owned airline which was founded in 1990 is the Sabanci family’s ESAS Holding. As well as being active in the airline industry, ESAS Holding also has a presence in the health and food sectors. Pegasus Airlines is managed by Chairman Ali Sabanci and General Manager Sertac Haybat. Pegasus Airlines began its first domestic scheduled flights on 1 November 2005, creating and implementing Turkey’s first full low-cost airline strategy. By selecting Sabiha Gokcen Airport to be its principal airport and hub, Pegasus Airlines introduced the Turkish public to easy, comfortable and low-cost flying. Pegasus, who continues to invest heavily in the areas of flight safety and technological innovation to ensure on-time flying for all its guests, has produced a first for Turkey with its two most recent investments worth US$ 22.3m; Pegasus is now the owner of Turkey’s newest flight simulator, which is owned by just 10% of the world’s 582 airlines, which has taken its place in Pegasus’ flight training centre. Pegasus has also become the first airline in the world to integrate the two-way data communication system “Wireless Groundlink End to End Network Solutions”. In a world of ever-increasing competition Pegasus Airlines is racing ahead as one of Turkey’s most innovative and dynamic companies. In April 2009 Pegasus’s parent company ESAS Holding purchased a 16.48% stake in Air Berlin, Germany’s second and Europe’s fifth largest airline, making it the largest private shareholder.

Messier-Bugatti-Dowty (groupe Safran), is the world leader in aircraft landing and braking systems. Company capabilities encompass the full life cycle of our products, ranging from design and manufacture to in-service support, repair and overhaul. Messier-Bugatti-Dowty is a partner to 33 leading commercial, military, business and regional airframers, and supports more than 22,000 aircraft making over 35,000 landings every day. The company employs 6,250 staff working in locations across Europe, North America and Asia.

PRESS RELEASE

22.06.2011
ST Aerospace Becomes First Independent TRUEngine MRO Shop

LE BOURGET, France –- 22 June 2011 –- In a unique agreement signed today, ST Aerospace has become the first independent maintenance, repair and overhaul (MRO) company to be formally declared a TRUEngineTM service provider. ST Aerospace joins GE Aviation Services and Snecma in having this distinction. As a TRUEngine MRO provider, any CFM56 engines overhauled by ST Aerospace are eligible for TRUEngine status, allowing the engine serial numbers to be included in the TRUEngine database made available to industry appraisers and potential buyers.

“We are pleased to be a part of the TRUEngine program, and to further develop our longstanding partnership with CFM and GE across the various dimensions of engine MRO total support for the CFM56 family of engines," said Chang Cheow Teck, president of ST Aerospace. “This appointment reflects CFM’s vote of confidence in our quality commitment and is another great example of how ST Aerospace and CFM are able to work together to bring even greater value to our customers.”

"We are very pleased to welcome ST Aerospace to the TRUEngine family,” said Jean-Paul Ebanga, president and CEO of CFM. "They have long been bringing the benefits of genuine CFM parts to their customers, and this agreement further solidifies our affiliation with one of the largest and most respected global maintenance providers in the world."

In 2008, the two companies signed a series of agreements to support CFM56 engine maintenance, overhaul, and repair (MRO) operations. The agreements include a comprehensive long-term materials services agreement that encompasses component repairs and the provision of both new and used serviceable materials for life-limited and non-life-limited parts for the CFM56 engine. The TRUEngine program, launched in 2008, was developed in response to a growing industry need to better understand engine material content as assets are evaluated and redistributed. More than 6,100 CFM56 engine have been qualified to date, and the TRUEngine program serves as a method for identifying engines that have been maintained in accordance with CFM-issued recommendations. Until now, it had only been open to airline customers. CFM International is a 50/50 joint company between Snecma (Safran group) and GE.

ST Aerospace (Singapore Technologies Aerospace Ltd) is the aerospace arm of ST Engineering. Operating a global MRO network with facilities in the Americas, Asia Pacific and Europe, it is the world’s largest aircraft MRO provider with a global customer base that includes leading airlines, airfreight and military operators. ST Aerospace is an integrated service provider that offers a spectrum of maintenance and engineering services that include airframe, engine and component maintenance, repair and overhaul; engineering design and technical services; and aviation materials and management services, including Total Aviation Support. ST Aerospace has a global staff strength of more than 8,000 engineers and technical specialists. Please visit www.staero.aero.

PRESS RELEASE

22.06.2011
Republic Airways Places $2.0 Billion LEAP Engine Order

LE BOURGET, France – 22 June 2011 – Republic Airways Holdings, the parent company of U.S.-based Frontier Airlines, today announced that it has select CFM International’s advanced LEAP-X1A to power a total of 80 Airbus A320neo aircraft announced earlier today. The engine order, which is for all 40 A319neo and all 40 A320neo aircraft in the deal, is valued at more than $2.0 billion U.S. at list price.

“We are pleased to have selected the LEAP-X1A engine to power our A320neo family of aircraft and to continue our long standing relationship with CFM,” said Bryan Bedford, chairman, president, and CEO of Republic Airways. “This engine will deliver improved fuel efficiency while carrying on the CFM legacy of reliable and durable operation.”

“We are very pleased to continue our long relationship with Republic airways,” said Kevin McAllister, vice president of sales for CFM International. “And we are excited to bring all the benefit of reliable LEAP technology to their operations.”

LEAP engines incorporate revolutionary technologies never before seen in the single-aisle aircraft segment. The new engine combines advanced aerodynamic design techniques, lighter, more durable materials, and leading-edge environmental technologies, making it a major breakthrough in engine technology. The 15 percent better engine fuel efficiency*, at current fuel prices, translates to as much as $1.6 million in fuel cost savings alone for customers per airplane, per year. LEAP technology will also achieve double-digit improvements in CO2 emissions and noise levels, all while providing the industry’s best reliability and lowest maintenance costs.

LEAP is a product of CFM International, a 50/50 joint company between Snecma (Safran group) and GE. CFM is the world’s leading supplier of commercial aircraft engines, with more than 22,200 delivered to 500+ operators around the globe.

About Republic Airways Holdings:
Republic Airways Holdings, based in Indianapolis, Indiana is an airline holding company that owns Chautauqua Airlines, Frontier Airlines, Lynx Aviation, Republic Airlines and Shuttle America, collectively "the airlines." The airlines offer scheduled passenger service on approximately 1,500 flights daily to 129 cities in 40 states, Canada, Costa Rica, and Mexico under branded operations at Frontier and through fixed-fee airline services agreements with five major U.S. airlines. The fixed-fee flights are operated under an airline partner brand, such as AmericanConnection, Continental Express, Delta Connection, United Express, and US Airways Express. The airlines currently employ approximately 11,000 aviation professionals and operate 275 aircraft.

PRESS RELEASE

22.06.2011
Air Lease Corporate Selected CFM56-5B Engine in $380 Million Order

LE BOURGET, France – 22 June 2011 – Air Lease Corporation (ALC) has selected CFM International’s CFM56-5B engine to power 20 firm Airbus A320 family aircraft. The aircraft are scheduled for delivery between 2012 and 2016 and the order is valued at $380 million U.S. at list price. The airplanes were previously announced at the 2010 Farnborough Air Show.

Air Lease Corporation (ALC), formed in 2010, specializes in purchasing commercial aircraft and leasing them to its airline partners worldwide through customized leasing and financing solutions. For more information, visit www.airleasecorp.com.

All of the engines will be the CFM56-5B Performance Improvement Package (PIP) configuration, scheduled for certification and entry into service by the end of 2011. The improvements, which provide a 0.5% improvement in fuel burn, include hardware changes to the core, including new high-pressure turbine blade, as well as manufacturing changes the fan and compressor blades and vanes to improve performance retention. The engine will maintain the same noise signature as the current production engine. These engines also meet current International Civil Aviation Organisation (ICAO) Committee of Aviation Environmental Protection standards (CAEP /6) requirements.

CFM56-5B engines are a product of CFM International, a 50/50 joint company between Snecma (Safran group) and GE. CFM, the world’s leading supplier of commercial aircraft engines, has delivered more than 22,200 engines to date. The CFM56-5B engine powers every model of the Airbus A320 family and has been chosen to power nearly 60 percent of all A320 aircraft in service or on order.

PRESS RELEASE

22.06.2011
Morpho and SELEX Elsag sign partnership framework agreement for cooperation in road enforcement and safety

Le Bourget, June 22, 2011

At the 2011 Paris Air Show in Le Bourget, in the context of a wider relationship between Safran and Finmeccanica, Morpho (Safran group) and SELEX Elsag (Finmeccanica Group) today signed a “Partnership Framework Agreement” for development of commercial and industrial operations in the field of “Road Enforcement and Safety” equipment which could lead to a Joint Venture.

The Parties wish to join their resources to address the fast-growing market of Road Enforcement and Safety, taking advantage of the complementary nature of their products and technologies in the fields of vehicle identification, speed measurement and red light violation.

“This partnership with SELEX Elsag is a unique opportunity to leverage the technologies of two major industry players” said Jean-Paul Jainsky, Chairman and Chief Executive Officer of Morpho. “We are convinced that the outcome will be integrated solutions that meet the ever-evolving needs of the road safety and enforcement market”.

“This agreement represents a significant step forward in our cooperation to meet the emerging needs of the converging Law Enforcement and Road Safety markets” commented Paolo Aielli, SELEX Elsag CEO. “SELEX Elsag is a global leader in the first sector while Morpho represents a worldwide centre of excellence in the second. This partnership will provide major opportunities to exploit our complementary technologies and market synergies”.

About Morpho
Morpho, a high-technology company in the Safran group, is one of the world’s leading suppliers of identification, detection and e-document solutions. Morpho is specialized in personal rights and flow management applications, in particular based on biometrics, a sector in which it is the world leader, as well as secure terminals and smart cards. Morpho’s integrated systems and equipment are deployed worldwide and contribute to the safety and security of transportation, data, people and countries.
For more informations : www.morpho.com - www.safran-group.com

About SELEX Elsag
SELEX Elsag, a Finmeccanica company, was formed on 1 June 2011 following the merger of SELEX Communications and ELSAG Datamat. SELEX Elsag is a leader in the design and development of hi-tech systems, solutions and services for Information & Communication Technology, security, automation, professional and defense telecommunications, logistics and mobility, avionics. Headquartered in Italy and with operations in UK, USA, Germany, Turkey, Russia, Romania, SELEX Elsag employs more than 7,400 people worldwide.
For more information : www.selexelsag.com

PRESS RELEASE

22.06.2011
Safran, l’ISAE et HEC Paris inaugurent la chaire « Management de programmes innovants – Application au secteur aérospatial » (French only)

HEC et ISAE créent une chaire Management de programmes innovants en partenariat avec Safran, acteur majeur dans les domaines de l’Aérospatial (propulsion, équipements), de la Défense et de la Sécurité. Cette chaire fait l’objet d’un accord signé entre Dominique-Jean CHERTIER, Directeur Général Délégué du groupe Safran, Bernard RAMANANTSOA, Directeur Général d’HEC Paris et l’ingénieur général Olivier FOURURE, Directeur Général de l’Institut Supérieur de l’Aéronautique et de l’Espace, pour une durée de cinq ans à compter du 22 juin 2011.

La Chaire « Management de programmes innovants – Application au secteur aérospatial » vise à contribuer au renforcement de l’excellence de la formation d’ingénieur manageur, à attirer des manageurs vers le secteur industriel, en particulier du secteur aéronautique et aérospatial, et à fournir des éléments à de grands groupes pour concilier capacité d’innovation et management de la complexité des organisations et des produits.

La Chaire Management de programmes innovants sera constituée de 3 programmes de formation et d’un volet recherche.

Le programme « Académie Aéronautique et Espace » s’adresse aux élèves de deuxième année de l’Ecole HEC. Cette Académie est un cycle de formation intensif de 2 à 3 semaines, composé d’un ensemble de séminaires thématiques avec alternance de cours théoriques et d’ateliers pratiques, d’études terrain, de travaux de groupes et de visites d’entreprise. Elle sera organisée à Toulouse par la formation SUPAERO de l’ISAE et accueillera jusqu’à une vingtaine d’élèves HEC par an dès janvier 2012.

Le programme « Certificat Management de l’Innovation » s’adresse aux élèves de troisième année de l’Ecole HEC et élèves ingénieurs de l’ISAE, y compris les polytechniciens en formation complémentaire à HEC Paris ou à SUPAERO. Le Certificat est une formation de deux mois, composée d’une centaine d’heures de cours, qui seront essentiellement dispensées à HEC Paris. Elle comportera des cours des professeurs participant à la Chaire ainsi que de professionnels du Groupe Safran. Cette formation accueillera au moins 20 à 25 élèves par an dès avril 2012. Elle conduira à un Certificat HEC-ISAE.

Le programme « Double diplôme HEC – SUPAERO » constitue l’élément phare du volet formation de la Chaire. Il s’adresse à terme à une dizaine d’élèves, de SUPAERO et l’Ecole HEC. Les élèves suivront le cycle complet de leur école d’origine et les deux dernières années de l’autre école. Il constitue une formation complète et unique d’ingénieur manageur. Ce programme démarrera dès la rentrée 2011 pour les élèves SUPAERO et à la rentrée 2012 pour les élèves d’HEC Paris.

Le volet recherche s’intéressera au sujet du processus de génération d’innovation, depuis la définition et l’anticipation des besoins jusqu’aux méthodes d’identification et de caractérisation des réponses à ces besoins du point de vue des performances industrielles, économiques et sociétales. La chaire portera de manière privilégiée sur les méthodes de caractérisation économique de l’innovation.

Forte de ces trois programmes de formation et de ce volet recherche, la chaire Safran – HEC – ISAE constitue une initiative décisive pour permettre aux futurs leaders de nos grands groupes industriels aéronautiques et spatiaux de maîtriser toutes les dimensions de l’innovation au sein de systèmes et d’organisations complexes. Elle s’inscrit dans la stratégie du groupe Safran dont l’une des priorités consiste à former des professionnels capables de répondre aux grands enjeux aéronautiques et aérospatiaux de demain.

A propos de Safran
Safran est un groupe international de haute technologie, équipementier de premier rang dans les domaines Aérospatial (propulsion, équipements), Défense et Sécurité. Implanté sur tous les continents, le Groupe emploie plus de 54 000 personnes pour un chiffre d’affaires de 10,8 milliards d’euros en 2010. Composé de nombreuses sociétés, le groupe Safran occupe, seul ou en partenariat, des positions de premier plan mondial ou européen sur ses marchés. Pour répondre à l’évolution des marchés, le Groupe s’engage dans des programmes de recherche et développement qui ont représenté en 2010 un investissement de 1,2 milliard d’euros. Safran est une société cotée sur NYSE Euronext Paris et fait partie de l’indice CAC Large 60.
Pour plus d’informations, www.safran-group.com
Suivez @SAFRAN sur Twitter


A propos d’HEC Paris
Leader en Europe, spécialisé dans le domaine de l’enseignement et de la recherche en management, HEC Paris offre une gamme complète et unique de formations aux décideurs de demain : le programme Grande Ecole, les Masters of Science, les Mastères Spécialisés, le MBA, l’Executive MBA, le TRIUM Global Executive MBA et le Doctorat et une large gamme de programmes pour cadres et dirigeants.
Créé en 1881, HEC rassemble 109 professeurs permanents, plus de 4 000 étudiants dont 37 % d’étrangers et plus de 8 000 cadres et dirigeants en formation chaque année. HEC Paris a été classé en décembre 2010 première business school en Europe par le Financial Times, pour la cinquième année consécutive. www.hec.fr


A propos de l’ISAE
Pôle mondial de formation et de recherche dans le domaine aérospatial, l’Institut Supérieur de l’Aéronautique et de l’Espace offre une gamme complète et unique de formations à l’ingénierie des systèmes aéronautiques et spatiaux : les formations ingénieur SUPAERO, ingénieur ENSICA, sept Masters et Masters recherche, 19 Mastères Spécialisés, 6 écoles doctorales et une large gamme de programmes de formation continue à travers sa filiale EUROSAE commune avec l’ENSTA ParisTech.
Créé en 2007 du rapprochement de SUPAERO (1909) et l’ENSICA (1945), l’ISAE rassemble 100 professeurs permanents, 2000 professeurs vacataires issus du monde professionnel, 1500 étudiants en formation initiale dont 26% d’étrangers, près de 3000 en formation continue chaque année, et s’appuie sur un réseau de plus de 17000 anciens diplômés. www.isae.fr

PRESS RELEASE

22.06.2011
FADEC International selected to develop Full-Authority Digital Control for LEAP aircraft engine

June 22, 2011

Paris Air Show, Le Bourget, France — GE has signed an agreement with FADEC International – an equally owned joint venture between BAE Systems and Sagem (Safran group) – to form a 50-50 joint venture to develop and produce the Full-Authority Digital Electronic Control (FADEC) for CFM International’s next generation engine, the LEAP.

The fuel efficient LEAP turbofan engine is designed to power future narrow body commercial aircraft. The engine, designed by CFM International, a 50-50 partnership between GE and Snecma (Safran group), has been selected for the Airbus A320neo and the Comac C919.

“We look forward to continuing our longstanding partnership with GE in developing and fielding what will be our most advanced engine control design,” said Dr. Ehtisham Siddiqui, vice president and general manager for BAE Systems’ commercial avionics business.

“This is the fourth generation of FADEC, which represents a real breakthrough in comparison with the previous generation; this first application is paving the way to address a large panel of future high-performance aero-engines”, said Jean-Michel Hillion, executive vice president of Sagem and general manager for the “Safran Electronics” division.

FADEC International will provide extensive experience in the design, integration, development, production and support of Full-Authority Digital Electronic Controls for aircraft engines and related specialized technologies. Additionally, the joint venture will develop FADEC for GE’s TECH-X engine, designed for smaller aircraft.

The FADEC governs engine fuel flow, controls variable engine geometries, interfaces with the engine thrust reverser, and performs advanced functions such as electronic engine overspeed protection. FADEC International and its heritage organizations have been the FADEC System supplier to GE since 1984.

FADEC International is a 50-50 joint venture between by BAE Systems Controls and Sagem (Safran group), that focus the two companies’ capabilities to design, produce, and support Full-Authority Digital Electronic Controls (FADECs) for commercial aircraft engines.  For more than 25 years, FADEC International serves airlines and aircraft maintenance and repair providers with a full range of design and aftermarket capabilities.

Sagem, a high-tech company in the Safran group, holds world or European leadership positions in optronics, avionics, electronics and safety-critical software for both civil and military markets. Sagem is the No. 1 company in Europe and No. 3 worldwide for inertial navigation systems (INS) used in air, land and naval applications. It is also the world leader in helicopter flight controls and the European leader in optronics and tactical UAV systems. Operating across the globe through the Safran group, Sagem and its subsidiaries employ 7,000 people in Europe, Southeast Asia and North America. Sagem is the commercial name of the company Sagem Défense Sécurité.
For more information : www.sagem-ds.com.

BAE Systems is a global defence and security company with approximately 100,000 employees worldwide. The Company delivers a full range of products and services for air, land and naval forces, as well as advanced electronics, security, information technology solutions and support services. In 2010 BAE Systems reported sales of £22.4 billion (US$ 34.6 billion).
For more information : www.baesystems.com

PRESS RELEASE

21.06.2011
Morpho supplies additional SmartGates in New Zealand

Paris Air Show, June 21, 2011

Morpho (Safran group) announced today that it will deliver additional SmartGate equipment to Auckland, Wellington and Christchurch airports in response to the expected increase in air traffic during the Rugby World Cup 2011. This important phase strengthens the long term partnership between New Zealand Customs Service and Morpho for the implementation of improved border control solutions.

SmartGate carries out biometric identification of eligible ePassport holders. Travelers are identified in real-time using facial recognition technology, based on digital images stored in the chip of electronic passports. The system has been recognized as a key tool for the New Zealand Customs Service as it not only simplifies the control process but also accelerates border crossing without compromising security.

“Since its implementation, the SmartGate system has seen considerable uptake by the traveling public and has significantly improved Customs clearance time. This additional equipment will help us handle the expected high passenger throughput during the Rugby World Cup,” said John Secker, Acting CEO of New Zealand Customs Service.

“We are both proud and honored that New Zealand Customs has continued their trust in our SmartGate system,” said Cyril Dujardin, Managing Director of Morpho’s local subsidiary, Morpho Australasia. “This order reflects the success of our state-of-the-art border control solutions and how they meet growing market demand”.

Following the successful implementation of SmartGate in Australia, New Zealand Customs Service adopted the system in 2009. The additional equipment is expected to be implemented in major New Zealand airports prior to the World Cup.

About Morpho
Morpho, a high-technology company in the Safran group, is one of the world’s leading suppliers of identification, detection and e-document solutions. Morpho is specialized in personal rights and flow management applications, in particular based on biometrics, a sector in which it is the world leader, as well as secure terminals and smart cards. Morpho’s integrated systems and equipment are deployed worldwide and contribute to the safety and security of transportation, data, people and countries.
For more information: www.morpho.com www.safran-group.com

PRESS RELEASE

23.06.2011
CFM Logs Orders for More than 160 CFM56-7B Engines to Power Boeing Next-Generation 737 Aircraft

LE BOURGET, France –- 23 June  2011 –- At the 49th edition of the Paris Air Show here, CFM International received orders for CFM56-7B engines to power at total of 81 Boeing Next-Generation 737 family aircraft. The total value of these engine orders is approximately $1.6 billion U.S. at list price.

• June 22:  UTair Aviation, the largest 737 operator in Russia, ordered 33 Boeing737-800s and seven 737-900ER aircraft;
• June 21:  Malaysia Airlines exercised options to purchase 10 737-800 aircraft;
• June 21:  Norwegian Air Shuttle ASA (Norwegian) ordered 15 737-800 aircraft
• June 20:  Air Lease Corporate announced its plan to purchase 14 737-800s.
• June 20:  MIAT Mongolian Airlines orders two 737-800s.

All of the aircraft will be powered by the CFM56-7BE, which is the new production configuration for the engine and is on schedule to enter commercial service in July 2011.  The CFM56-7BE-powered Next-Generation 737 enhanced airplane/engine combination will provide a 2 percent improvement in fuel consumption, which, in turn, equates to a 2 percent reduction in carbon emissions. Additionally, the enhanced -7B will provide up to 4 percent lower maintenance costs, depending on the thrust rating.

CFM is using advanced computer codes and three-dimensional design techniques to improve airfoils in the high- and low-pressure turbines to improve engine performance. In addition, CFM is improving engine durability and reducing parts count to achieve lower maintenance costs.

The CFM56-7B is the sole powerplant for the Boeing Next-Generation 737 family of aircraft.  Today, more than 7,450 engines have been delivered to 190 operators around the globe and the company has a backlog of more than 4,000 engines still to be delivered.

CFM56-7B engines are a product of CFM International (CFM), a 50/50 joint company between Snecma (Safran group) and GE and the world’s leading supplier of commercial aircraft engines. 

PRESS RELEASE

23.06.2011
CFM Logs $4.2 Billion in CFM56 Engine Orders during the 2011 Paris Air Show

LE BOURGET – 23 June 2011– CFM International has booked firm orders for 420 CFM56-5B and CFM56-7B engines during the 2011 Paris Air Show, the largest one-week total in the company’s history: 

CFM56-5B engines to power Airbus A320 aircraft:

• Air Lease Corporation (ALC) 20 firm Airbus A320 family aircraft;
• Hainan Airlines 42 Airbus A320 family aircraft;
• Jazeera Airways four Airbus A320 aircraft
• National Air Services (NAS) 20 firm Airbus A320 family aircraft;
• Shenzhen Airlines 10 A320 family aircraft
• Tibet Airlines Co. Ltd., three Airbus A319 aircraft;
• Virgin America 30 Airbus A320 family aircraft.

CFM56-7B engines to power Boeing 737 aircraft:

• Air Lease Corporate announced its plan to purchase 14 737-800s.
• Malaysia Airlines exercised options to purchase 10 737-800 aircraft;
• MIAT Mongolian Airlines orders two 737-800s.
• Norwegian Air Shuttle ASA (Norwegian) ordered 15 737-800 aircraft
• UTair Aviation, the largest 737 operator in Russia, ordered 33 Boeing 737-800s and seven 737-900ER aircraft;

CFM56 engines are a product of CFM International, a 50/50 joint company between Snecma (Safran group) and GE. CFM, the world’s leading supplier of commercial aircraft engines, has delivered 22,200 engines to date.

PRESS RELEASE

23.06.2011
CFM, Hainan Airlines Finalize CFM56-5B Engine Order

LE BOURGET – 23 June 2011– CFM International and Hainan Airlines, China’s fourth largest airline group, have finalized an agreement for CFM56-5B engine to power 42 new Airbus A320 family aircraft. The entire agreement is valued at approximately $1.2 billion U.S. at list price, including the firm engine order and a long-term services and support agreement. The airline is scheduled to begin taking delivery in 2012.   The MOU was originally announced at the Zhuhai Air Show in November 2010.

To support the new CFM56-5B-powered A320 fleet, Hainan has also signed a long-term RPFH (Rate per Flight Hour) agreement with CFM to provide comprehensive engine maintenance service. Under the terms of this agreement, CFM will guarantee maintenance costs on a dollar per engine flight hour basis.

Hainan Airlines has been a CFM customer since the airline began operations in 1993, when it took delivery of its first Boeing 737 aircraft. Today, Hainan operates more than 85 Boeing 737-300/-400/-800 aircraft powered by CFM56-3 and CFM56-7 engines. The airline operates more than 500 domestic and international routes to about 90 cities throughout China, Asia, Africa, Europe, and North America.

"We are honored that Hainan Airlines has chosen again to make CFM an important part of its long-term operations," said Jean-Paul Ebanga, President & CEO of CFM International. "We thank them for their trust and offer them our commitment that we will continue to earn that trust every day."

The high reliability, long on-wing life, and low maintenance costs of the CFM56-5B make it extremely popular with major airlines, low-cost carriers, and leasing companies worldwide. All of Hainan’s new CFM56-5B engines are of the Tech Insertion configuration. This configuration was introduced in September 2007 and, through October 2010, the CFM56-5B fleet of more than 1,600 engines in service worldwide had logged more than seven million flight hours and four million flight cycles without a single engine-related event.

CFM56-5B engines are a product of CFM International, a 50/50 joint company between Snecma (Safran group) and GE. CFM, the world’s leading supplier of commercial aircraft engines, has delivered 21,450 engines to date.

PRESS RELEASE

23.06.2011
Messier-Bugatti-Dowty (Safran group) systems and equipment chosen for Embraer KC-390

Le Bourget, June 23, 2011 – Brazilian aircraft manufacturer Embraer has selected Messier-Bugatti-Dowty (Safran group) to supply a number of key landing systems and equipment for its upcoming KC-390 transport and tanker aircraft.

Messier-Bugatti-Dowty will supply the following:

• eight wheels and carbon brakes on the main landing gear and two wheels on the nose landing gear;
• braking control system;
• nose wheel steering manifold;
• hydraulic components for the landing gear extension/retraction system.

This is the first equipment and systems contract to benefit from an integrated offer by Messier-Bugatti-Dowty. With this program, the company also confirms its leadership in the supply of carbon brakes for military tankers and refuelling aircraft.

“The choice of Messier-Bugatti-Dowty will provide the necessary toughness to meet the demanding requirements of the KC-390 applications,” said Eduardo Bonini Santos Pinto, Sr. Vice President Operations and COO, Embraer Defense and Security. “The experience of this company, together with the highly integrated development process with Embraer, will result in the best solution, in terms of operations and maintenance costs, thus contributing to making the KC-390 highly competitive.”

“We are delighted to start a new partnership with Embraer in this innovative and ambitious aircraft program, and to contribute systems and equipment that will lower the total life cycle cost and increase the dispatch reliability of the KC-390.” said Messier-Bugatti-Dowty Chairman and CEO Alain Sauret,

Gérald Farrenc, Safran Senior Vice President Brazil Programs, added: “This collaboration on the KC-390 program reinforces the working relationship between Embraer and Safran, bringing a more strategic and global vision to our partnership over the long term.”

The announcement was made today at the Paris Airshow between M. Eduardo Bonini Santos Pinto and Alain Sauret, and attended by Marc Ventre, Safran Chief Operating Officer.

The KC-390 is a medium-sized military cargo aircraft designed for both humanitarian and logistical missions, and is capable of carrying up to 23 tons and ensure in-flight refuelling.

Messier-Bugatti-Dowty (Safran group), is the world leader in aircraft landing and braking systems. Company capabilities encompass the full life cycle of our products, ranging from design and manufacture to in-service support, repair and overhaul. Messier-Bugatti-Dowty is a partner to 33 leading commercial, military, business and regional airframers, and supports more than 22,000 aircraft making over 35,000 landings every day. The company employs 6,250 staff working in locations across Europe, North America and Asia.

Embraer S.A. (NYSE: ERJ; BM&FBOVESPA: EMBR3) is the world’s largest manufacturer of commercial jets up to 120 seats, and one of Brazil’s leading exporters. Embraer’s headquarters are located in São José dos Campos, São Paulo, and it has offices, industrial operations and customer service facilities in Brazil, China, France, Portugal, Singapore, and the U.S. Founded in 1969, the Company designs, develops, manufactures and sells aircraft and systems for the commercial aviation, executive aviation, and defense and security segments. It also provides after sales support and services to customers worldwide. On March 31, 2011, Embraer had a workforce of 17,253 employees – not counting the employees of its partially owned subsidiaries – and its firm order backlog totaled USD 16.0 billion.

PRESS RELEASE

23.06.2011
AirAsia Orders 400 LEAP Engines to Power A320neos

• Largest order in aviation history
• Extends 10+-year relationship with an all-CFM fleet

LE BOURGET, France –- 23 June 2011 –- As part of the largest single firm aircraft order in aviation history, AirAsia today announced that it has selected CFM International’s advanced LEAP engine to power 200 Airbus A320neo aircraft. The airline is scheduled to begin taking delivery in 2016.

To support the new LEAP-powered A320neo fleet, AirAsia has also signed a 20-year RPFH (Rate per Flight Hour) agreement with CFM to provide comprehensive engine maintenance service. Under the terms of this agreement, CFM will guarantee maintenance costs on a dollar per engine flight hour basis.

“LEAP is absolutely the right engine for our A320neo aircraft,” said Tony Fernandes, Group CEO of AirAsia.  “We did an exhaustive evaluation before making our decision and the technical superiority of this engine speaks for itself.  LEAP technology will enable us to realize double-digit improvements in fuel burn, emissions, and noise, which will have a huge impact our bottom line and fuel our future growth.  When you add to that our decade of experience with CFM and the company’s unrivaled reputation for delivering on it promises, the choice was an easy one to make.”

“We are both honored and excited to launch this next phase of our relationship with AirAsia,” said Jean-Paul Ebanga, president and CEO of CFM.  “We believe that all of the benefits of LEAP technology, including better fuel burn and an improved environmental footprint with CFM’s industry-leading reliability and low maintenance costs, will have a very positive impact on AirAsia’s operational efficiency and help fuel their continued growth long-term.” 

“It’s a great feeling when an airline that is already an excellent customer, but also a thought leader and innovator in the industry chooses to make you such an important part of its operations,” said Kevin McAllister, vice president of sales for CFM International.  “We are looking forward to a great future with AirAsia and to working hard each day to show that their trust is very well placed.”

AirAsia, a pioneer in low-cost travel in Asia and the leading low fare no frills airline in the ASEAN region, has been a CFM customer for more than a decade.  As the single largest Airbus A320 operator in the Asia-Pacific region, AirAsia operates a fleet of more than 100 CFM56-5B-powered Airbus A320s with more than 120 still to be delivered.  AirAsia began operations in 2001 and has continued to experience steady growth, today, the airline and its subsidiaries serve destinations in 20 countries throughout the region. 

The foundation of the LEAP engine is heavily rooted in advanced aerodynamics, environmental, and materials technology development programs.  It will provide 15 percent better fuel consumption and an equivalent reduction in CO2 emissions compared to today’s best CFM engine,, along with a 50 percent reduction in oxides of nitrogen emissions, and up to a 15 decibel reduction in noise.  All this technology brings with it CFM’s legendary reliability and low maintenance costs.

LEAP engines are a product of CFM International (CFM), a 50/50 joint company between Snecma (Safran group) and GE and the world’s leading supplier of commercial aircraft engines. 

PRESS RELEASE

23.06.2011
CFM Logs $11 Billion in LEAP Engine Orders

LE BOURGET – 23 June 2011 – CFM International has booked firm orders for 910 LEAP-X1A engines to power 455 Airbus A320neo aircraft.  The engine orders are valued at more than $11 billion U.S. at list price. 

• AirAsia placed the single largest order in aviation history, selecting the advanced LEAP engine to power 200 Airbus A320neo aircraft;
• CIT Aerospace placed an order for LEAP engines to power 15 A320neos;
• GE Capital Aviation Services (GECAS) ordered engines to power 60 A320neos;
• ILFC selected the LEAP engine to power 40 A320s;
• Republic Airways Holdings, the parent company of U.S.-based Frontier Airlines, selected the LEAP-X1A to power 40 A319neo and 40 A320neo aircraft;
• SAS chose the LEAP engine to power 30 A320neos;
• Virgin America officially launched the LEAP engine on 15 June with an order for engines to power 30 A320neo aircraft.

In addition to powering the A320neo, CFM also provides the exclusive Western powerplant for COMAC’s 150-seater C919 aircraft.  The LEAP-X1C has been ordered to power 100 C919 aircraft to date.

LEAP development is progressing on schedule and the engine is on track for entry into service in 2016.

The foundation of the LEAP engine is heavily rooted in advanced aerodynamics, environmental, and materials technology development programs.  It will provide 15 percent better fuel consumption and an equivalent reduction in CO2 emissions compared to today’s best CFM engine, along with a 50 percent reduction in oxides of nitrogen emissions, and up to a 15 decibel reduction in noise.  All this technology brings with it CFM’s legendary reliability and low maintenance costs.

LEAP engines are a product of CFM International (CFM), a 50/50 joint company between Snecma (Safran group) and GE and the world’s leading supplier of commercial aircraft engines. 

PRESS RELEASE

23.06.2011
Labinal completes significant milestones on Airbus A350 XWB Electrical Wiring Interconnection Systems

Blagnac, June 23rd, 2011

Labinal (Safran group) has achieved in the past weeks significant milestones on the Airbus A350 XWB program regarding Electrical Wiring Interconnection Systems :

• The first harnesses for the Engine Pylons have been delivered to the Airbus Saint-Eloi plant for installation on the Flying Test Bed (FTB). This Flying Test Bed will be installed on the A380 aircraft that will perform the flight test of the A350 XWB engines.
• Eight fuselage harnesses have all been delivered to Airbus. They will be used in the A350 Physical Mock Up.
• First engineering models for fuselage harnesses manufacturing have been performed in Labinal’s design office.
• Labinal also launched the extension of its Ain Atiq Plant (Morocco). A 5660 square meters workshop will be dedicated to A350 XWB activities and will be operational in August 2011.

Karen Bomba, Labinal Chairman & CEO said “The A350 XWB program is for Labinal an excellent example of our efficient industrial and engineering footprint. The engines Pylons Harnesses are manufactured in Vichy (France) while Ain Atiq (Morocco) will build the fuselage harnesses and Villemur (France) will take care of Co Axial and big sections harnesses as well as after delivery activities. Our design offices in Blagnac (France) and Hamburg (Germany) are involved from preliminary design up to certification support in this very exciting program.”

About Labinal
One of the Safran group’s high tech companies, Labinal is a world leader in the field of electrical wiring systems – and studies in their engineering and associated technology – for the aviation, space and defense markets. The company’s unmatched expertise is founded on decades of design, development and manufacturing success with long-term partnerships with the leading aerospace companies. Labinal’s industrial activities, market segment oriented and customer-driven, are organized in four Divisions: Europe Wiring, North America Wiring, Safran Engineering Services and Labinal Services.

PRESS RELEASE

24.06.2011
Nexcelle signs purchase agreement to supply the nacelle system for GE Aviation’s GE Passport 20 business aircraft jet engine

Le Bourget, France, June 24, 2011 – The purchase agreement for Nexcelle’s nacelle system to be integrated with GE Aviation’s GE Passport 20 jet engine was signed at this week’s 2011 Paris Air Show.

The agreement formalizes details of the relationship between Nexcelle and GE Aviation on the development, production and delivery of the nacelle and thrust reverser for the GE Passport 20 integrated propulsion system, which will be used on the new Bombardier Global 7000 and 8000 business jet aircraft.

Nexcelle was selected in 2010 for the supply of the GE Passport 20 nacelle and thrust reverser, and this joint venture company of GE’s Middle River Aircraft Systems (MRAS) and the Safran group’s Aircelle, has been pursuing its development since then. The nacelle system has successfully completed the Joint Conceptual Design Phase and has moved to its next step – the Joint Development Phase.

“This is the first purchase agreement Nexcelle has signed with a customer, and it marks another milestone in the business development of our young, dynamic company,” said Nexcelle President Steve Walters.

The purchase agreement was signed at Le Bourget by Walters and Brad Mottier, the Vice President and General Manager of GE Aviation’s Business and General Aviation Operation. Joining them were Nate Manning, the President of GE Aviation Mechanical Systems; Vincent Mascré, Chairman and CEO of Aircelle; Chuck Nugent, General Manager of GE Small Commercial Engines; and Jacques Chausse, Commercial General Manager of GE Aviation’s Business and General Aviation Operation.

The GE Passport 20 nacelle system benefits from Nexcelle’s pioneering approach to integrated propulsion systems, and will incorporate innovative technologies from its MRAS and Aircelle parent companies. It is Nexcelle’s second integrated propulsion system win since the company’s creation in 2008. Nexcelle also has been selected to supply the nacelle for CFM International’s LEAP-X1C integrated propulsion system on the COMAC C919 airliner.

About Nexcelle (www.nexcelle.com)
Nexcelle is creating smart nacelle systems for tomorrow’s world travel.  Headquartered in Cincinnati, Ohio, USA, the company is a joint venture of Middle River Aircraft Systems (MRAS) and Aircelle, which are leading suppliers of engine nacelles, thrust reversers and aerostructures.  Through Nexcelle’s relationship with CFM International, GE Aviation, and Safran, the company brings unparalleled expertise in the design, development, production and support of integrated propulsion systems for a wide range of aircraft.

PRESS RELEASE

21.06.2011
Morpho’s Small-Size, Explosives Detection System Approved for Use by EU Airports

European Civil Aviation Conference (ECAC) Tested CTX 5800™ EDS on display at Paris Air Show, Safran’s Stand, Hall 2A, B254

Paris Air Show – June 21, 2011 – Morpho Detection, Inc., the detection business of Morpho, Safran group’s security unit, today announced its medium speed CTX 5800™ hold baggage explosives detection system (EDS) has been evaluated by the European Civil Aviation Conference (ECAC) as meeting European Union Standard 3 requirements. The CTX 5800 is also certified by the U.S. Transportation Security Administration.

This evaluation gives European authorities and airports flexibility in meeting their security challenges with a choice of a powerful, but smaller-size EU-compliant computed tomography-based (CT) screening solution. EU regulations state all new EDS equipment purchases should meet Standard 3 requirements by 2012.

"The CTX 5800 explosives detection solution customizes CT-based imaging technology for smaller and space-constrained airports, giving them a technology edge to help meet their growing aviation security and operational challenges," said Dennis Cooke, president and CEO, Morpho Detection, Inc. "Successful completion of ECAC evaluation of this small but powerful EDS, along with recent evaluations of the larger CTX 9400 DSi™ and CTX 9800 DSi™, allows all airports to adopt with confidence the detection effectiveness, operational efficiency and customer-pleasing speed of CT-based hold baggage screening.”

With the addition of the CTX 5800 to Morpho Detection’s industry-leading CTX family of EDS, airport and security operators now have a CTX to choose from regardless of size, passenger volume, bore size or infrastructure requirements. With nearly 2,000 CTX deployed worldwide, Morpho Detection has more EDS experience than all other manufacturers combined.

Morpho Detection’s CTX 5800 is being demonstrated at the Paris Air Show, June 20-26, at Safran’s stand, Hall 2A, B254.

For more information on Morpho’s detection products, visit www.morpho.com/detection

About Morpho Detection, Inc.
Morpho Detection, Inc., part of Morpho, a business of the Safran group (PAR: SAF), is a leading supplier of explosives and narcotics and chemical, biological, radiological, and nuclear (CBRN) detection systems for government, military, air and ground transportation, first responder, critical infrastructure and other high-risk organizations. Following Safran Group’s 2009 acquisition of GE Security’s GE Homeland Protection, Inc. business, Morpho Detection integrates computed tomography (CT), Raman Spectroscopy, trace (ITMS™ technology), X-ray and X-ray Diffraction technologies into solutions that can make security activities more accurate, productive and efficient. With industry-leading products such as the Itemiser® DX trace detection system, the CTX line of explosive detection systems (EDS), and the StreetLab® Mobile hand-held chemical and biological substance identification unit, Morpho Detection’s solutions are deployed to help protect people and property in some of the most important and sensitive world locations.

PRESS RELEASE

21.06.2011
Morpho’s Latest Explosives Trace Detector, Itemiser® DX, Approved by Five Global Agencies

With Aviation Security, Cargo and Commercial Models, Itemiser DX®Sales Reach $100M

Paris Air Show – June 21, 2011 – Morpho Detection, Inc., the detection business of Morpho, Safran group’s security unit, today announced its advanced technology, desktop explosives and narcotics detection solution, Itemiser® DX has been approved by five global regulatory agencies and has sold more than 3,000 units.

Since introduction in 2009, Itemiser DX, Morpho Detection’s latest trace explosives detection solution has been approved by the U.S. Transportation Security Administration (TSA), the Israeli Prime Minister’s Office, the Italian Department of Transport, the U. K. Department for Transport, and the U.K. Home Office Scientific Development Branch (HOSDB). “We are very pleased Itemiser DX has received numerous authorizations from regulatory agencies around the world,” said Dennis Cooke, president and CEO, Morpho Detection, Inc. “We are confident in Itemiser DX’ ability to deliver the most advanced explosives detection possible to checkpoint, air cargo and checked bag screening at airports and at other government and commercial high-risk facilities.”

In addition to its use by aviation security and air cargo agencies around the world, Itemiser DX is available in a commercial version to help protect all intermodal transportation modes, industrial and high-risk government and commercial facilities and locations. It is the ideal complement to CT-based CTX 5800 and 9800 explosives detection systems for break-bulk and larger air cargo screening.

The U.S. TSA has ordered more than 2,800 Itemiser DX units to date with a total contract value of more than $83M. Itemiser DX is being demonstrated at the Paris Air Show, June 20-26, Safran stand, Hall 2A, B254.

For more information on Morpho’s detection products, visit www.morpho.com/detection

About Morpho Detection, Inc.
Morpho Detection, Inc., part of Morpho, a business of the Safran group (PAR: SAF), is a leading supplier of explosives and narcotics and chemical, biological, radiological, and nuclear (CBRN) detection systems for government, military, air and ground transportation, first responder, critical infrastructure and other high-risk organizations. Following Safran Group’s 2009 acquisition of GE Security’s GE Homeland Protection, Inc. business, Morpho Detection integrates computed tomography (CT), Raman Spectroscopy, trace (ITMS™ technology), X-ray and X-ray Diffraction technologies into solutions that can make security activities more accurate, productive and efficient. With industry-leading products such as the Itemiser® DX trace detection system, the CTX line of explosive detection systems (EDS), and the StreetLab® Mobile hand-held chemical and biological substance identification unit, Morpho Detection’s solutions are deployed to help protect people and property in some of the most important and sensitive world locations.

PRESS RELEASE

21.06.2011
Morpho Detection Announces First Sale of CTX 5800™ Explosives Detection System

China State Construction Engineering Corporation LTD (CSCEC) chooses CTX 5800 for Mauritius International Airport

Paris Air Show– June 21, 2011 - Morpho Detection, Inc., the detection business of Morpho, Safran group’s security unit, today announced the first sale of its industry-leading, next-generation, compact design, high-performance CTX explosives detection system (EDS), the CTX 5800™, for use by Mauritius International Airport.

China State Construction Engineering Corporation LTD (CSCEC), the main contractor for Mauritius Airport, chose CTX 5800 to be deployed with the airport’s new baggage handling system. Designed to assist small- and mid-sized airports take advantage of computed tomography (CT) technology, the CTX 5800 combines industry-leading imaging and data collection in a smaller and lighter solution.

“Morpho Detection is pleased Mauritius International Airport will use the CTX 5800 to help meet its baggage screening requirements,” said Dennis Cooke, president and CEO, Morpho Detection, Inc. “We are committed to delivering the technologies needed to help meet the security challenges of all airports, regardless of size and passenger volume, and the small footprint CTX 5800 is demonstration of that commitment.”

Mauritius Airport will use the CTX 5800 as an integrated and automated explosives detection solution in its new baggage handling system and terminal building, currently under construction.

For more information on Morpho’s detection products, visit www.morpho.com/detection

About Morpho Detection, Inc.
Morpho Detection, Inc., part of Morpho, a business of the Safran group (PAR: SAF), is a leading supplier of explosives and narcotics and chemical, biological, radiological, and nuclear (CBRN) detection systems for government, military, air and ground transportation, first responder, critical infrastructure and other high-risk organizations. Following Safran Group’s 2009 acquisition of GE Security’s GE Homeland Protection, Inc. business, Morpho Detection integrates computed tomography (CT), Raman Spectroscopy, trace (ITMS™ technology), X-ray and X-ray Diffraction technologies into solutions that can make security activities more accurate, productive and efficient. With industry-leading products such as the Itemiser® DX trace detection system, the CTX line of explosive detection systems (EDS), and the StreetLab® Mobile hand-held chemical and biological substance identification unit, Morpho Detection’s solutions are deployed to help protect people and property in some of the most important and sensitive world locations.

PRESS RELEASE

21.06.2011
Morpho’s XDi Liquid Explosives Detection Solution Poised for 2013 EU Checkpoint Arrival

X-ray Diffraction-based Liquid Explosives Screening Solution Concept on display at Paris Air Show, Safran Stand, Hall 2A, B254

Paris Air Show – June 21, 2011 Morpho Detection, Inc., the detection business of Morpho, Safran group’s security unit, today announced its XDi X-ray diffraction-based (XRD) screening solution is under development for 2013 deployment in time to meet the EU requirement to reliably detect liquid explosives, and their components, in passengers’ carry-on bags at the checkpoint. XDi is being developed at Morpho’s XRD Center of Excellence in Hamburg.

XRD, widely used for the screening of passengers’ hold baggage for explosive threats, is the only available and proven technology known capable of meeting EU criteria for a so-called “Type D” solution — detecting liquid explosives in bottles or other containers carried in passengers’ bags. This unique Type D solution will deliver the low false alarm rates and in-bag screening airports need to address real-world operational requirements at their checkpoints, reliably detecting liquid explosives, when made available for operational testing in 2012 and regulatory testing in early 2013.

“X-ray Diffraction is the only existing technology known capable of delivering a true Type D liquid explosives detection solution to the EU’s passenger checkpoints,” said Dennis Cooke, president and CEO of Morpho Detection, Inc. “XRD is already widely and successfully employed for other aviation security applications. Though other technologies claim to accomplish liquid explosives screening, only X-ray diffraction can reliably detect such threats in containers and in passengers’ bags.”

Morpho Detection development plans recognize the looming deadlines in the EU and the urgency to effectively address the liquid explosives issue around the world. The company plans to deliver a Type D solution that solves this problem in conjunction with these deadlines.

The full size XDi concept model is on display at the Paris Air Show, June 20-26 at the Safran stand, Hall 2A, B254.

For more information on Morpho’s detection products, visit www.morpho.com/detection

About Morpho Detection, Inc.
Morpho Detection, Inc., part of Morpho, a business of the Safran group (PAR: SAF), is a leading supplier of explosives and narcotics and chemical, biological, radiological, and nuclear (CBRN) detection systems for government, military, air and ground transportation, first responder, critical infrastructure and other high-risk organizations. Following Safran Group’s 2009 acquisition of GE Security’s GE Homeland Protection, Inc. business, Morpho Detection integrates computed tomography (CT), Raman Spectroscopy, trace (ITMS™ technology), X-ray and X-ray Diffraction technologies into solutions that can make security activities more accurate, productive and efficient. With industry-leading products such as the Itemiser® DX trace detection system, the CTX line of explosive detection systems (EDS), and the StreetLab® Mobile hand-held chemical and biological substance identification unit, Morpho Detection’s solutions are deployed to help protect people and property in some of the most important and sensitive world locations.

PRESS RELEASE

07.07.2011
Turbomeca increases its footprint in Malaysia signing a Memorandum of Understanding with HeliPartner Engines

Bordes, 6 July 2011

Olivier Andriès, Chairman and CEO of Turbomeca (Safran group) and Nonee Ashirin, Chairman of HeliPartner Engines, signed a Memorandum of Understanding (MoU) for the financial participation of Turbomeca within HeliPartner Engines. This MoU has been signed in presence of Dato’ Fri Dr. Haji Ismail Bin Haji Ahmad, Secretary General Ministry of Defence Malaysia, Tan Fri Aziz Zainal, Malaysian Ambassador in France and Raymond Lubrano, HeliPartner Engines CEO.

With the signing of this MoU, Turbomeca will further develop its presence in Malaysia and enhance its customers’ proximity in the region.

The main purpose of this agreement is to improve Turbomeca answer to the requirements of an ever-expanding helicopter activity in Malaysia, mainly through offshore, military and parapublic activities. “As HeliPartner Engines is a member of the defence industry and is offset beneficiary to support the Makila 2, the engines of the EC 725 recently ordered by Malaysia, this investment allows Turbomeca to develop its support capabilities and customer’s proximity in Malaysia.” said Olivier Andriès, Turbomeca CEO. “I am very pleased with this new agreement, which reinforces the strong partnership between HeliPartner Engines and Turbomeca, initiated two years ago. It demonstrates furthermore our common commitment to the Malaysian aeronautic industry.” announced Nonee Ashirin, Chairman of HeliPartner Engines. With a commitment to serve their customers better, Turbomeca and HeliPartner Engines embarked in 2009 on a strategic joint partnership to vastly improve the maintenance, repair and overhaul (MRO) services being offered to helicopter operators.

* * *

PRESS RELEASE

13.07.2011
Morpho acquires card manufacturing and personalization centers in South America from Carvajal Group

Expansion of local offering strengthens Morpho as a leader in the Latin American banking card market

Paris, July 12, 2011

Morpho (Safran group) today announced the signing of an agreement to acquire Carvajal Group’s banking card manufacturing and personalization centers in Colombia and Peru.

With this strategic move, Morpho will increase its regional presence and address the South American banking market as it undergoes chip migration to EMV”*, the global standard for credit and debit payment cards based on chip card technology. This acquisition is Morpho’s answer to the increasing demand by the financial market to have local technological and service support for their fast migration to more secure payment transactions based on chip card technology.

Following the closing of this transaction, Morpho will be represented in Latin America with offices, factories and personalization centers in Brazil, Peru, Colombia, Argentina and Mexico.

This transaction is subject to customary regulatory approvals and closing is expected before the year end.

“This strategic move aims at combining the long regional customer relationships of trust built by Carvajal with Morpho’s expertise in international smart card and high security technology. Our mission is to serve the needs of this fast-growing market as it moves toward secure chip cards and to offer local products and services tailored to customer needs,” said Philippe d’Andrea, Executive Vice President Morpho, e-Documents Division.

“This transaction is part of the transformation process currently underway at Carvajal Group, which is geared toward sharpening our business focus. In doing so, we have pinpointed seven industry sectors: Education, Packaging, Work and Home spaces, Information, BPO, and Communication Solutions,” said Ricardo Obregon, CEO of Carvajal Group. He also pointed out that this agreement falls within the strategic planning guidelines already laid down. He noted: “We believe that thanks to this move, the card business will continue to develop and efficiently support the regional market with the expertise brought by Morpho particularly in the context of bank cards EMV migration.” 

* EMV (Europay, MasterCard and VISA) is widely becoming the global standard in the migration from magnetic stripe cards to chip-based smart cards. EMV is an interoperability standard developed by the three financial institutions to ensure that all Europay, MasterCard, and VISA branded smart cards and all smart card-reading POS terminals and ATMs work together to deliver the highest level of security.

About Carvajal
Carvajal Internacional is a business conglomerate with 107 years of experience, currently operating in 15 countries in Latin America, the United States and Spain, with revenues amounting to US$1.6 billion in 2010. Carvajal currently has more than 23,000 employees. Carvajal Business Sectors

• Information: Publishing and distribution of information through telephone directories and specialized guides on print and electronic media.
• Paper Mill: Manufactures coated and uncoated papers and paperboard for printing.
• Publishing, School Supplies & Stationery: Creates, designs, produces and distributes communication products such as books, text books, stationery products and supplies for use at home, school or at the office
• Packaging: Design, produces and distributes integrated packaging solutions for consumer goods.
• Printing Solutions: Prints and distributes books, magazines and telephone directories and offers supply chain solutions
• Work spaces: Designs, manufactures and manages workspaces for the office, home and material-handling environments.
• Business Process Outsourcing: Company specializing in improving the competitiveness of diverse companies and organizations. Designs, produces and distributes products and services to optimize the recording and handing of transaction-related information in business.
  For more information : www.carvajal.com
  
  About Morpho 
  Morpho, a high-technology company in the Safran group, is one of the world’s leading suppliers of identification, detection and e-document solutions. Morpho is specialized in personal rights and flow management applications, in particular based on biometrics, a sector in which it is the world leader, as well as secure terminals and smart cards. Morpho’s integrated systems and equipment are deployed worldwide and contribute to the safety and security of transportation, data, people and countries.
  Through its e-Documents Division, Morpho is a worldwide leader in identity documents and secure credentials. It delivers trust in the digital world through smart cards, passports, tokens, personalized and blank documents. The technology expertise of the e-Documents Division shapes the markets for the ID document, payment, telecoms and Identity Access Management segments. With 2,800 employees, worldwide subsidiaries and 6 production and 9 development centers, the Division is close to its customers all over the globe.
  For more information: www.morpho.com

PRESS RELEASE

19.07.2011
L-1 Identity Solutions and Safran Receive Approval for the Pending Merger Transaction from the Committee on Foreign Investment in the United States (CFIUS)

Merger Expected to Close within Five Business Days

Stamford, CT (USA) and Paris (France) - July 19, 2011

L-1 Identity Solutions, Inc. (NYSE: ID), a leading supplier of identity solutions and services, and Safran (NYSE Euronext Paris: SAF) today announced that in connection with the pending acquisition of L-1 by Safran, the parties have reached a final agreement on the terms of a definitive mitigation agreement with the United States government. L-1 and Safran were notified by CFIUS on July 19, 2011 that the investigation of the merger transaction is complete and that there are no unresolved national security concerns with respect to the transaction. With CFIUS approval for the merger, and having satisfied all other conditions required prior to closing, the parties intend to complete the merger transaction within the next five business days.

“A little over five years ago we began L-1 with a vision and goal of becoming a leading identity solutions company; a company that would play a key role in securing individual identities, providing technologies to protect citizens and aiding in the fight against terrorism,” said Robert V. LaPenta, Chairman, President and CEO of L-1 Identity Solutions. “I am proud to say that with the dedication and hard work of our management team and our employees, we accomplished our goal. The combination of L-1 and Safran Morpho with our complementary technologies, markets and promising synergies will result in the leading worldwide-wide provider of identity solutions today and into the future.”

Safran will hold a conference call for analysts/investors the day the transaction is closed.

About L-1 Identity Solutions
L-1 Identity Solutions, Inc. (NYSE: ID) protects and secures personal identities and assets. Its divisions include Biometrics / Enterprise Access and Secure Credentialing solutions and Enrollment services. With the trust and confidence in individual identities provided by L-1, international governments, federal and state agencies, law enforcement and commercial businesses can better guard the public against global terrorism, crime and identity theft fostered by fraudulent identity. L-1 Identity Solutions is headquartered in Stamford, CT.
For more information, visit www.L1ID.com


About Safran
Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Safran group has more than 54,000 employees and generated sales of 10.8 billion euros in 2010. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.2 billion euros in 2010. Safran is listed on NYSE Euronext Paris and its share is part of the CAC Large 60 index.
For more information, visit www.safran-group.com


L-1 Forward Looking Statements
This communication contains forward-looking statements by L-1 Identity Solutions that involve risks and uncertainties. Such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and reflect L-1’s current views based on management’s beliefs and assumptions and information currently available. Forward-looking statements concerning future plans or results are necessarily only estimates, and actual results could differ materially from expectations. Certain factors that could cause or contribute to such differences include, among other things, the availability of customer funding for L-1 products and solutions, general economic and political conditions, the timing of consummating the previously announced proposed merger with Safran, the risk that actions or deliverables that, by their nature, are to be taken or delivered at the closing of such transaction may not be taken, delivered or waived, and additional risks and uncertainties described in the Securities and Exchange Commission filings of L-1, including its Form 10-K for the year ended December 31, 2010 and its Form 10-Q for the three months ended March 31, 2011. L-1 expressly disclaims any intention or obligation to update any forward-looking statements.

PRESS RELEASE

22.07.2011
Messier-Bugatti-Dowty strengthens partnership with Airbus as the landing gear supplier to Single Aisle family

Vélizy, July 22, 2011 – Messier-Bugatti-Dowty (Safran group) announced today the extension of its supply relationship with Airbus for the nose and main landing gears of the single aisle program to include the Contract award of the A320neo family.

Alain Sauret, Chairman & CEO of Messier-Bugatti-Dowty stated, “We are extremely pleased to continue our 20-year strong partnership with Airbus on the single aisle family program. This extension builds upon our joint success with Airbus in this dynamic market segment to provide an enhanced product which offers increased cost-efficiency and support services for operators, whilst still maintaining product commonality between existing and future Airbus single aisle fleets.”

As the incumbent landing gear supplier for the A320 family, Messier-Bugatti-Dowty will progressively offer enhancements to current single aisle landing gears starting in 2014, in order to ensure a seamless transition into A320neo family deliveries, scheduled for entry in service in 2015. Direct benefits to operators include greater reliability and an extended service interval of 12 years between overhauls.

To date, Messier-Bugatti-Dowty has delivered 4,800 landing gears for the A320 family. The company’s global industrial network delivers 38 shipsets per month to Airbus Final Assembly Lines in Toulouse, Hamburg and in China. Messier-Bugatti-Dowty supplies landing gear to all Airbus families in service or in development, including the entire A330/A340 family, A380 nose landing gear and A350-800/900 main landing gears.

Messier-Bugatti-Dowty (Safran group), is the world leader in aircraft landing and braking systems. Company capabilities encompass the full life cycle of our products, ranging from design and manufacture to in-service support, repair and overhaul. Messier-Bugatti-Dowty is a partner to 33 leading commercial, military, business and regional airframers, and supports more than 22,000 aircraft making over 35,000 landings every day. The company employs 6,250 staff working in locations across Europe, North America and Asia.

PRESS RELEASE

26.07.2011
Safran completes the acquisition of L-1 Identity Solutions Becomes world leader in biometric identity solutions

Paris, July 26, 2011

After completing all required approval procedures, Safran (NYSE Euronext Paris: SAF) today announced that it has finalized the acquisition of L-1 Identity Solutions, Inc., a leading identity management solutions provider in the United States, for a total cash amount of $1.09 billion ($12 per share), which was originally announced in the press release on September 20, 2010. Following this transaction, Safran becomes the world leader in biometric identity solutions.

L-1’s businesses (biometric and identity management solutions: access control, secure credentialing and enrollment services) generated sales exceeding USD 450 million in 2010. L-1’s financial results will be included in Safran’s consolidated financial statements, effective today.

L-1 will join Safran’s existing security business, operating as Morpho, and will be renamed MorphoTrust. The new company will be partly managed as a proxy structure, thus providing appropriate protection for U.S. national security. Run-rate operating cost synergies are expected to represent approximately $30 million per year, and are expected to be fully realized within 18 to 24 months after closing.

Assuming this acquisition had been completed in 2010, Safran’s security business sales would have totalled Euro 1.4 billion in 2010, with a total of more than 7,200 employees of which 2 200 are in the United States.

Jean-Paul Herteman, Chairman and CEO of Safran, said: “We are delighted to have finalized this transaction, which is perfectly aligned with the Group’s development strategy in the security business. L-1 is a very impressive company, which has become a major player in the identification market in just a few years, especially in the United States. L-1 offers an excellent fit with our own security business, in terms of both technologies and geographic footprint, clearly enhancing our product offering and customer service in this dynamic sector, and consolidating our global leadership in the market for high-tech security solutions.“

Safran will host today a conference call open to analysts and investors at 10:30 am CET which can be accessed at +33 1 70 77 09 35 from France, +44 203 367 9459 from the UK and +1 866 907 5924 from the US. A replay will be available at +33 1 72 00 15 00, +44 203 367 9460 and +1 877 642 3018 (access code 273951#).

The presentation is available on the Safran website Financial Presentation

Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Safran group has more than 54,000 employees and generated sales of 10.8 billion euros in 2010. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.2 billion euros in 2010. Safran is listed on NYSE Euronext Paris and its share is part of the CAC Large 60 index.

Morpho, a high-technology company in the Safran group, is one of the world’s leading suppliers of identification, detection and e-document solutions. Morpho is specialized in personal rights and flow management applications, in particular based on biometrics, a sector in which it is the world leader, as well as secure terminals and smart cards. Morpho’s integrated systems and equipment are deployed worldwide and contribute to the safety and security of transportation, data, people and countries.

PRESS RELEASE

28.07.2011
Safran reports improved half-year results for 2011 with a recurring operating margin of nearly 10 % of revenue

Full-year 2011 outlook is upgraded

All figures in this press release represent Adjusted[1] data, except when noted. Please also refer to definitions and reconciliation between H1 2011 consolidated income statement and adjusted income statement provided in the Notes on pages 9 and 10 of this press release.

Reported numbers include 3 months of SNPE Matériaux Energétiques (SME) but do not include any contribution from L-1 Identity Solutions, acquired after June 30, 2011.

Key numbers for first-half 2011

• First-half 2011 adjusted revenue was Euro 5,622 million, up 8.2% year-on-year, or 7.1% on an organic basis.
• Civil aftermarket was up 12.8%, within the 10-15% guidance for 2011. CFM56 international spare parts revenue was up 13.4% in H1 2011 (+20.9% in Q2 2011) in USD terms.
• Adjusted recurring[2] operating income at Euro 554 million (9.9% of revenue) at a hedge rate of USD1.38 to the Euro, up 29% year-on-year. One-off items totalled Euro (14) million, therefore profit from operations was Euro 540 million.
• Adjusted net income - group share up 42% from first-half 2010 at Euro 317 million (Euro 0.79 per share).
• Consolidated (non-adjusted) net income - group share at Euro 874 million (Euro 2.18 per share).
• Free cash flow generation of Euro 157 million leading to net debt of Euro 335 million as of June 30, 2011, after the payment of a Euro 0.50 dividend per share and the acquisition of SNPE Matériaux Energétiques (SME).
• Full-year 2011 guidance upgraded taking into account first-half performance, the contribution of SME and improved hedging rate: Safran now expects revenue to increase at a rate in the mid to high single digits while the rate of recurring operating income progression should be comfortably in the upper twenties. Free cash flow is expected to represent about a third of the recurring operating income. This outlook does not include any contribution from L-1 Identity Solutions or any impact of an employee bonus linked to the increased dividend as the terms of this bonus are not yet set.

Key Business highlights for first-half 2011

• CFM International has booked firm orders for 910 LEAP engines to power 455 Airbus A320neo aircraft for a list price value of more than $11bn: AirAsia (200 aircraft), CIT Aerospace (15), GECAS (60), ILFC (40), Republic Airways Holdings (80), SAS (30) and Virgin America (30).
• Pending confirmation at a board meeting, Boeing is to launch a re-engined 737 featuring new more-efficient engines with CFM LEAP. Furthermore, Boeing has indicated that American Airlines would be the first customer of this new variant.
• In addition to LEAP orders, CFM International logged $4.2bn in CFM56 engine orders during the Paris Air Show with firm orders for 420 CFM56-5B and CFM56-7B engines: Air Lease Corporate, Malaysian Airlines, Hainan Airlines, Utair Aviation and others.
• Safran successfully completed two strategic acquisitions: L-1 Identity Solutions and SNPE Matériaux Energétiques.
• Morpho’s explosives detection system approved for use by EU airports: high speed CTX 9800/9400™ DSi and medium speed CTX 5800™ hold baggage explosives detection system have been evaluated by the European Civil Aviation Conference (ECAC) as meeting European Union Standard 3 requirements, a major milestone towards implementation.

Paris, July 28, 2011 - The Board of Directors of Safran (NYSE Euronext Paris: SAF) met in Paris on July 27, 2011 to approve the financial statements for the first-half 2011.

Executive Commentary

Chairman and CEO Jean-Paul Herteman commented:

“The Paris Air Show 2011 has been an excellent vintage for Safran. CFM harvested a large crop of orders, both with the current CFM56 and the new LEAP engine, which will power 455 of the A320neo twinjets ordered, in addition to the 100 Comac C919 jets in the order book since the end of 2010. Boeing’s decision to launch a re-engined 737 featuring new more fuel-efficient LEAP engines will back up our leading position in the single aisle market segment. Boeing has indicated that American Airlines would be the first customer.

Safran’s performance continued to improve in the first half of 2011. Supported by a rising activity in original equipment as well as in aftermarket services, the Group’s operating margins increased to a level close to 10% of revenue, realizing benefits of a leaner cost structure. Our first-half performance together with the contribution of SME and the improved hedge rate lead us to upgrade our full-year ambitions on sales and profitability. We are confident we are on track for further solid earnings growth in future years while heavily investing in technology and breakthrough products on the long term.”

First-half 2011 results

Safran delivered solid operational performance in first-half 2011 leading to upgrade the full-year outlook.

Solid growth in revenue. For first-half 2011, Safran’s revenue was Euro 5,622 million, compared to a Euro 5,197 million in the same period a year ago, a 8.2% year-on-year increase. Group revenue increased by 7.1% organically.

First-half 2011 revenue increased by Euro 425 million on a reported basis, highlighting solid performance across all businesses. On an organic basis, revenue increased by Euro 370 million as a result of improving trends in civil aerospace aftermarket, continuing strength in the defence business (optronics) and growing momentum in security (biometry, e-Documents).

Organic revenue was determined by deducting from 2011 figures the contribution of activities acquired in 2010 and 2011 and activities newly consolidated when compared to 2010 scope of consolidation and by applying constant exchange rates. Hence, the following calculations were applied:

The unfavourable currency impact on revenue of Euro 78 million for first-half 2011 reflected a global negative translation effect on the revenue exposed to foreign currencies, notably in USD, GBP and Canadian dollar. It was partly offset by a positive transaction impact with a significant improvement in the Group’s hedged rate (USD1.38 to the Euro vs. USD1.45 in the year ago period).

Recurring operating margin up by 1.7 point. For first-half 2011, Safran’s recurring operating income was Euro 554 million (9.9% of revenue), up 29% compared to first-half 2010 figure of Euro 428 million, 8.2% of revenue. After taking into account the positive currency impact (Euro 64 million) and a slight positive impact of acquisitions and newly consolidated activities (Euro 7 million), organic improvement was Euro 55 million or 12.9% year-over-year.

This solid improvement was primarily driven by the aerospace activities benefiting from solid original equipment growth and accelerating trends in civil aftermarket while realizing the benefits of a leaner cost structure.

There were some one-off items during first-half 2011: a Euro (7) million impact from an adverse final court ruling in the defence activity and Euro (7) million M&A transaction costs mainly related to the L-1 Identity Solutions and SME acquisitions.

Adjusted net income - group share grew by 42% year-over-year. The adjusted net income attributable to equity holders of the parent was Euro 317 million or Euro 0.79 per share, compared to Euro 223 million (Euro 0.56 per share) in first half-2010. In addition to the rise in recurring operating income, this improved performance includes:

• Net financial expense of Euro 104 million, including Euro 17 million of cost of net debt.
• Tax expense of Euro 115 million (26% effective tax rate).

The reconciliation between H1 2011 consolidated income statement and adjusted income statement is provided and commented in the Notes on page 9.

BALANCE SHEET AND CASH FLOW

Low net debt. The net debt position was Euro 335 million as of June 30, 2011 compared to a net cash position of Euro 24 million as of December 31, 2010. Free cash flow generation of Euro 157 million was driven by the high level of operating profitability (cash from operations of Euro 535 million) partly offset by an expected increase in working capital needs of Euro 79 million, as well as higher cash R&D investments. A dividend of Euro 202 million (€0.50 per share) and the net impact of the acquisition of SME (Euro 270 million) were paid in April.

As of June 30, 2011, Safran had cash and marketable securities of Euro 1.8 billion and Euro 2.4 billion of secured and undrawn facilities available.

RESEARCH & DEVELOPMENT

The self-funded R&D effort before research tax credit was Euro 382 million or 6.8% of revenue in first-half 2011, up Euro 91 million compared to first-half 2010. It reflects the increasing spending on new developments (notably the LEAP and Silvercrest engines), while some programs are tailing off (A350 and A380). The impact on recurring operating income after tax credit was up by Euro 71 million at Euro 252 million compared to last year. Global R&D expenditures, including customer funded, reached Euro 544 million.

OUTLOOK

The first-half 2011 performance together with the contribution of SME and the improved hedging rate lead the Group to upgrade its full-year 2011 outlook on sales and profitability.

• Revenue expected to increase at a rate in the mid to high single digits thanks to the contribution of SME and despite a less favourable estimated average spot rate of USD 1.39 to the Euro.
• The increase in recurring operating income should be comfortably in the upper twenties thanks to the contribution of SME, the first-half performance and a better targeted hedge rate of USD 1.37 to the Euro.
• Free cash flow expected to represent about a third of the recurring operating income taking into account the expected increase in working capital requirements and R&D investments.

The outlook is based on the following underlying assumptions:

• Civil aerospace aftermarket up 10-15%
• Healthy rise in aerospace OE deliveries
• Increased R&D effort (net incremental impact of around Euro 80 million on P&L and over Euro 200 million in cash vs. 2010, notably for LEAP engine development)
• Strong and profitable growth for the Security business
• On-going Safran+ plan to enhance profitability and reduce overheads.

The full-year 2011 outlook does not include any contribution from L-1 Identity Solutions.

The cost of the employee bonus linked to the dividend distribution (as per the new French regulation) is not included in the full-year 2011 outlook. Indeed, Safran has not yet started discussions with employee representatives on the terms of any such payment.

CURRENCY HEDGES

During the first half of 2011, the Group has improved by another cent its targeted hedge rate for 2011, 2012 and 2013 years and has started to hedge its 2015 exposure. At July 15, 2011, the firm hedge book amounted to USD 14.7 billion.

Taking advantage of market opportunities, the hedge book has been optimized thus increasing operational tailwind:

• 2011: new target of USD 1.37 to the Euro compared to USD 1.38 previously
• 2012: new target of USD 1.33 to the Euro compared to USD 1.34 previously
• 2013: new target of USD 1.29 to the Euro compared to USD 1.30 previously

The 2014 hedging is well advanced with USD 3.1 billion achieved at USD1.30 to rise to USD 4.7 billion at USD1.28 as long as Euro/USD<1.52 for most of 2011 and 2012. The 2015 hedging has already begun with USD 1.1 billion achieved at USD1.30 to rise to USD 2.3 billion at USD1.29 as long as Euro/USD <1.52 from 2011 to first half of 2013.

BUSINESS COMMENTARY

• Aerospace Propulsion First-half 2011 revenue grew by 7.7% at Euro 2,977 million, or 6.0% on an organic basis, compared to the year-ago period revenue at Euro 2,763 million. Revenue evolution resulted from strengthening recovery in aftermarket activity in CFM, helicopter and continuing growth in recent high-thrust civil engines, as well as growth in OEM deliveries.

OEM CFM56 engine deliveries at 636 units were flat compared to the same period a year ago. After a successful Paris air show, total CFM56 and LEAP orders now stand at more than 7,500 engines, about 6 years of production. CFM International booked 63% of all A320neo orders to date. Revenue from OEM engines was up, notably thanks to favourable price mix for CFM56 and initial deliveries for SaM146. Excluding the contribution of SME, space & missile propulsion revenue was flat in the first half of the year.

On a first-half 2011 basis, service revenue share reached 49.8% of Aerospace Propulsion revenue, benefiting from a robust contribution from civil aftermarket. CFM International spare parts revenue was up 13.4% in USD terms, with more than 20% growth on second generation engines. In the second quarter 2011, CFM International spare parts revenue was up 20.9% year-over-year in USD terms (and up 8% when compared to first-quarter 2011). The estimated* total number of shop visits in first-half 2011 for CFM-equipped civil aircraft increased to 1,183 as compared to 1,082 in first-half 2010. The momentum continued to be strong in helicopter and recent high-thrust engines services. [(*) shop visit numbers are estimates; these can be revised marginally in the future as airlines finalise reports].

First-half 2011 recurring operating income was Euro 424 million (14.2% of revenue), up 36% compared to Euro 311 million in the year-ago period (11.3% of revenue). This significant improvement resulted from strong activity in civil aftermarket and the ramp-up of recent Support-By-The-Hour maintenance contracts, primarily in helicopter engines, as well as from increased unit revenues on CFM56 original equipment. Profits were also driven by Safran+ cost reduction efforts, somewhat offset by higher R&D investments, primarily on LEAP and Silvercrest engines. The currency also had a positive impact on profitability.

The contribution of SNPE Materiaux Energétiques (consolidated since April 5) was Euro 66 million in revenue and Euro 6 million in recurring operating income.

• Aircraft Equipment The Aircraft Equipment segment reported first-half 2011 revenue of Euro 1,504 million, up 9.5% (9.0% on an organic basis), compared to the year-ago period.

The increase in revenue was primarily attributable to the nacelle and landing system businesses. The nacelle activity recorded a significant increase in small nacelles deliveries (up 47%), as well as higher deliveries of A380 nacelles (54 units in the first-half 2011 compared to 28 nacelles in the year-ago period). Other large nacelle business benefited from slightly higher deliveries, notably driven by the A320. The first-half 2011 saw a robust performance in civil aerospace services (landing gear, brakes, wheels).

On a first-half 2011 basis, service revenue grew by Euro 26 million driven by higher civil aftermarket but its share of Aerospace Equipment revenue slightly decreased from 32.6% to 31.5% as a result of higher revenue growth in original equipment.

First-half 2011 recurring operating income was Euro 99 million (6.6% of revenue), up 46% compared to Euro 68 million in the year-ago period (4.9% of revenue). The improvement resulted from a robust contribution from civil aftermarket (carbon brakes and landing gear) and by the impact of better prices on OE landing systems. To a lesser extent, it was also driven by a turnaround in the nacelle activity, notably the effect of lower production costs on higher A380 volumes and a recovery in the small nacelle business. The currency also had a positive impact on profitability.

The contribution of Labinal Salisbury (6 months) was Euro 36 million in revenue and Euro 4 million in recurring operating income.

• Defence

First-half 2011 revenue was up 11.8% at Euro 624 million, or up 10.2% on an organic basis, compared to the previous year. The performance was mainly driven by over 30% revenue growth in the Optronics activity on the basis of a robust order backlog (Felin soldier integrated equipment suites for French Army, long-range infra-red goggles on export markets). This trend was partly mitigated by a slowdown in Avionics revenue with low volume in aircraft modernisation programs and in infrared seekers.

First-half 2011 recurring operating income at Euro 31 million (5.0% of revenue) was slightly up compared to Euro 28 million (5.0% of revenue) in first-half 2010. Optronics delivered higher profits thanks to a favourable volume and mix while Avionics suffered from low volume. Safran Electronics reached operating breakeven for the first time after the initial costs incurred at its creation.

• Security

The Security activity reported first-half 2011 revenue of Euro 509 million, up 6.3% compared to the year-ago period. On an organic basis, it was up 8.4% driven by a strong quarter in e-Documents, notably in the telecommunication and banking market segments in Latin America, and by a good performance of identification activities that offset the impact of the end of the identification government contract in Ivory Coast. Apart from the Ivory Coast contract, revenue has increased organically by 13% in the first half 2011. Product mix, volume weakness and a one-time regulatory pricing adjustment in detection held revenue back.

First-half 2011 recurring operating income was Euro 59 million (11.6% of revenue) compared to Euro 61 million (12.7% of revenue) in the year-ago period. Excluding the currency translation which caused a Euro (2) million impact, the organic profitability was stable. Indeed, the temporary weakness in the detection business, notably in the US, was fully offset by the incremental contribution of identification solutions and e-Documents activity.

UPCOMING EVENTS
Q3 2011 revenue October 21, 2011
FY 2011 results February 23, 2012

Safran will host today a conference call open to analysts and journalists at 8:30 am CET which can be accessed at +33 1 70 77 09 40 from France, +44 203 367 9459 from the UK and +1 866 907 5925 from the US. A replay will be available at +33 1 72 00 15 00, +44 203 367 9460 and +1 877 642 3018 (access code 273892#).

The press release, presentation and consolidated financial statements are available on the website at www.safran-group.com.

KEY FIGURES

Notes

[1] Adjusted data
To reflect the Group’s actual economic performance and enable it to be monitored and benchmarked against competitors, Safran prepares an adjusted income statement alongside its condensed interim consolidated financial statements.

Safran’s interim consolidated income statement has been adjusted for the impact of:

• purchase price allocations with respect to material business combinations. Since 2005, this restatement concerns the amortization charged against intangible assets relating to aeronautical programs that were revalued at the time of the Sagem-Snecma merger. With effect from the first-half 2010 interim financial statements, the Group has decided to restate the impact of purchase price allocations for all material business combinations (and not only those relating to the Sagem-Snecma merger). In particular, this concerns the amortization of intangible assets recognized at the time of the acquisition, and amortized over extended periods, justified by the length of the Group’s business cycles;
• the mark-to-market of foreign currency derivatives, in order to better reflect the economic substance of the Group’s overall foreign currency risk hedging strategy:
• revenue net of purchases denominated in foreign currencies is measured using the effective hedging rate, i.e., including the costs of the hedging strategy,
• the recognition of all mark-to-market changes on non-settled hedging instruments at the closing date is neutralized, including the “ineffective” portion, given that the Group’s hedging strategy includes optional hedging instruments and optimization measures combined with highly volatile market inputs used to mark to market.

H1 2011 reconciliation between consolidated income statement and adjusted consolidated income statement:

Readers are reminded that only the interim consolidated financial statements are reviewed by the Group’s Statutory Auditors. The interim consolidated financial statements include revenue and operating profit indicators set out in the adjusted data section of Note 4, “Segment information”. Adjusted financial data other than the data provided in Note 4, “Segment information”, are subject to verification procedures applicable to all of the information provided in the interim activity report.

[2] Recurring operating income
In order to better reflect the current economic performance, this subtotal named “recurring operating income” excludes income and expenses which are largely unpredictable because of their unusual, infrequent and/or material nature such as: impairment losses/reversals, capital gains/losses on disposals of operations and other unusual and/or material non operational items.

Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Safran group has more than 54,000 employees and generated sales of 10.8 billion euros in 2010. Working alone or in partnership, Safran holds world or European leadership positions in its core markets.
The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.2 billion euros in 2010.
Safran is listed on NYSE Euronext Paris and its share is part of the CAC Large 60 index.

PRESS RELEASE

28.07.2011
MorphoAccess® VP: first multimodal biometric access control terminal to receive CNIL authorization

Paris, July 28, 2011

Morpho (Safran group) today announced that MorphoAccess® VP, its multimodal physical access control terminal, has received its first authorization from the CNIL (Commission Nationale de l’Informatique et des Libertés), France’s Data Protection Authority. This is the first time that a multimodal biometric device has been approved for access control in a workplace in France.

MorphoAccess® VP is the world’s first device combining finger vein and fingerprint recognition. The CNIL considered that the device’s security features provide a sufficient safeguard against identity fraud, function creep* or the misuse of personal data. From the outset, the product was developed based on the Privacy by Design principle. This means that Morpho worked closely with CNIL experts to ensure the product’s full compliance with security and data protection requirements. The authorization covers use of the device in identification mode, where biometric data is stored in the terminal’s internal database.

“In France, companies have to obtain CNIL authorization before installing biometric systems. I am proud that our MorphoAccess® VP terminal is the first multimodal device to have received this seal of approval”, highlighted Jean-Paul Jainsky, Chairman and Chief Executive Officer of Morpho. “This achievement rewards our continuous efforts to develop innovative and privacy compliant products to meet evolving market needs”.

Morpho received a Security Innovation Award at Security Essen 2010 for this advanced multimodal technology.

See CNIL website.for further details.

*Function creep: the gradual widening of the use of a technology or system beyond the purpose for which it was originally intended, especially when this leads to potential invasion of privacy.

About Morpho
Morpho, a high-technology company in the Safran group, is one of the world’s leading suppliers of identification, detection and e-document solutions. Morpho is specialized in personal rights and flow management applications, in particular based on biometrics, a sector in which it is the world leader, as well as secure terminals and smart cards. Morpho’s integrated systems and equipment are deployed worldwide and contribute to the safety and security of transportation, data, people and countries.

PRESS RELEASE

18.08.2011
PowerJet signs SaM146 Customer Support Agreement with GazpromAvia

MAKS Airshow, Russia, August 17, 2011 - GazpromAvia, represented by Andrey S. Ovcharenko, Director General, and PowerJet, represented by Jacques Desclaux, Chairman and Chief Executive Officer, signed today an agreement for the support of 20 SaM146 propulsion system dedicated to power the Sukhoi Superjet 100 aircraft (SSJ100).

"Today we are pleased to have signed with PowerJet this agreement for the support of SaM146 propulsion system. We hope our cooperation with PowerJet, a leading world manufacturer of engines, will give our company the opportunity to maintain a highest level of flight safety and aircraft reliability, to significantly lower our operating costs due to engagement of more cost-effective engines, and, of course, to enhance the level of handling and comfort of our passengers", said Andrey S. Ovcharenko, Director General of GazpromAvia.

This Customer Support Agreement plans out the general contractual terms to be applied between GazpromAvia and PowerJet concerning product support, documentation, training, on-site support and engine warranties. It will enable PowerJet to prepare and ensure a smooth entry into service of the SaM146 engine within GazpromAvia’s fleet.

“We are extremely pleased to sign SaM146 Customer Support Agreement with Gazprom Avia. PowerJet is totally devoted to accompanying SSJ100 aircraft in service by setting up a comprehensive customer support & service structure that will meet all airline expectations”, said Jacques Desclaux, Chairman & CEO of PowerJet.

PowerJet is committed to delivering maximum value to its customers through a product that strikes a perfect balance between advanced technologies and proven experience.

On May 18, 2011, PowerJet has announced its comprehensive new customer care service, dubbed PowerLifeTM. This dedicated SaM146 customer support & service organization ensures fast and reliable access to services and information anywhere in the world with an AOG hotline open 24/7. PowerJet is the world’s premier manufacturer of regional jet engines to provide a single point-of-contact for all customer support & services on the complete propulsion system, including engine, equipment and nacelle.

PowerJet, founded in July 2004, is a joint venture of Snecma (Safran Group) of France and NPO Saturn of Russia. The company is in charge of the SaM146 engine program management, including development, production, marketing and sales, as well as customer support and MRO services. In April 2003, the SaM146 engine was selected by Sukhoi Civil Aircraft to power its Superjet 100 regional jet.

GazpromAvia is Gazprom of Russia and its subsidiaries’ general air carrier. Moreover, the company has been actively increasing the volume of business transportation lately and is one of the leaders of the Russian business aviation, possessing the biggest business-class air fleet in Russia and offering the in-flight service up to the world standards. GazpromAvia offers a comprehensive package of aviation services. Its flight programs combine high security level and service quality.

PRESS RELEASE

17.08.2011
CFM International Maintains Strong Presence in Russia

MOSCOW, Russia — 17 August 2011— CFM International continues to maintain a strong leadership position within the Commonwealth of Independent States with CFM56 engines powering more than 300 single-aisle aircraft for 24 airlines throughout the region. CFM56 engines are a product of CFM International (CFM), a 50/50 joint company between Snecma (Safran group) and GE. CFM is the world’s leading producers of jet engines for commercial aircraft and has delivered nearly 24,000 to date to more than 500 operators around the globe.

The first CFM56 engines were delivered to Aeroflot in 1998 and the fleet has steadily grown while maintaining the industry-leading reliability that is the hall mark of the CFM56 product line.

“We have great relationships with all the airlines in the region and look forward to strengthening them even further in the future,” said Lionel Gobert, vice president of International Sales for CFM International. “By 2013, we will have approximately 900 CFM56 engines in the region and we expect that number to grow to more than 1,200 by 2016, more than any other Western engine manufacturer.”

All of the CFM56 engines being delivered in the CIS region today are either the CFM56-5B or CFM56-7BE configuration. Both of these new production configurations, which are being introduced in 2011, offer airlines significant benefits.

The CFM56-5B Performance Improvement Package (PIP) configuration, scheduled to begin delivery in the third quarter 2011, will provide Airbus A320 operators a 0.5% improvement in fuel burn, along with lower maintenance costs. The engine will maintain the same noise signature as the current production engine. These engines also meet current International Civil Aviation Organisation (ICAO) Committee of Aviation Environmental Protection standards (CAEP /6) requirements.

The CFM56-7BE for the Boeing Next-Generation 737 entered service in July 2011 and, along with airplane improvements, will provide a 2 percent improvement in fuel consumption, which, in turn, equates to a 2 percent reduction in carbon emissions. Additionally, the enhanced -7B will provide up to 4 percent lower maintenance costs, depending on the thrust rating.

PRESS RELEASE

17.08.2011
Robert Eckel Appointed CEO of MorphoTrust USA, Inc.

Paris, August 17, 2011

Morpho (Safran group) today announced that Robert Eckel will serve as Chief Executive Officer (CEO) of MorphoTrust USA, Inc. MorphoTrust was formed in July 2011 from the acquisition of L-1 Identity Solutions by Safran.

As CEO of MorphoTrust, Mr. Eckel will lead the former L-1 Biometric, Secure Credentialing and Enrollment Services businesses in the United States (U.S.). He will manage these businesses under a Proxy Board pursuant to an agreement developed with the U.S. government. MorphoTrust is headquartered in Billerica, Massachusetts.

“Robert Eckel has a proven track record of success in secure credentialing and his leadership is increasingly recognized across the identity management industry,” said Jean-Paul Jainsky, Chairman and CEO of Morpho. “We have every confidence Robert will guide MorphoTrust to continued success.”

Mr. Eckel previously served as President of the Secure Credentialing Division of L-1 Identity Systems. He joined L-1 in August 2008 as part of the acquisition of Digimarc, where he served as President of Digimarc’s Identity System business since August of 2005. Prior to joining Digimarc, he served as Vice President and General Manager, Air Traffic Management Systems, for Raytheon Company. Mr. Eckel holds a BS in Electrical Engineering from the University of Connecticut and an MSEE from the University of California, Los Angeles.

About Morpho
Morpho, a high-technology company in the Safran group, is one of the world’s leading suppliers of identification, detection and e-document solutions. Morpho is specialized in personal rights and flow management applications, in particular based on biometrics, a sector in which it is the world leader, as well as secure terminals and smart cards. Morpho’s integrated systems and equipment are deployed worldwide and contribute to the safety and security of transportation, data, people and countries.
For more information: www.morpho.com www.safran-group.com

PRESS RELEASE

18.08.2011
JSC Rosoboronexport, ZAO Inertial Technologies of Technokomplex and Sagem create RS Alliance, a joint venture for inertial navigation systems

Moscow, International aerospace exhibition MAKS, August 17, 2011

JSC Rosoboronexport - company of Rostechnologii group - ZAO ITT Inertial Technologies of Technokomplex, and Sagem (Safran group), at International aerospace exhibition MAKS 2011, at a ceremony attended by Vladimir Putin, chief of the government of Russia, and Sergei Chernezov, Chief Executive of Rostekhnologii, and Jean-Paul Herteman, chairman and CEO of Safran, announced today the creation of RS Alliance, a joint venture, specialized in inertial navigation systems for military aircraft.

RS-Alliance will be a key manufacturer of defense equipment within the framework of a partnership with Sagem (Safran group). This joint venture will be based in Russia and operating under Russian law.

The joint venture has been formed primarily to manufacture the new fifth-generation LINS-100RS inertial navigation system, designed to provide military aircraft with high-precision navigation capabilities. A high performing autonomous navigation system, the LINS-100RS integrates latest-generation digital laser gyros.

Serguei Chernezov, Chief Executive of Rostechnologii noted: “Cooperation between Russia and France has steadily been building momentum The creation of the RS Alliance joint venture with Sagem is a striking example of this growing cooperation. Deployment of this project is extremely important for the development of economic and commercial cooperation between the two countries, particularly in this innovative high-tech segment.”

According to Jean-Paul Herteman, Chairman and CEO of Safran: “This new joint venture will enable Sagem to foster the further development of collaboration with the Russian aviation industries. Building on this new partnership, we are especially proud of our role as an active partner in the long-term governmental and industrial collaboration established by Russia and France.”

* * * *

About Sagem
Sagem, a high-tech company in the Safran group, holds world or European leadership positions in optronics, avionics, electronics and safety-critical software for both civil and military markets. Sagem is the No. 1 company in Europe and No. 3 worldwide for inertial navigation systems (INS) used in air, land and naval applications. It is also the world leader in helicopter flight controls and the European leader in optronics and tactical UAV systems. Operating across the globe through the Safran group, Sagem and its subsidiaries employ 7,000 people in Europe, Southeast Asia and North America. Sagem is the commercial name of the company Sagem Défense Sécurité.
For more information: www.sagem-ds.com

PRESS RELEASE

24.08.2011
Journées Européennes du Patrimoine: à la découverte du Musée Aéronautique et Spatial Safran (French only)

Paris, le 24 août 2011

Le Musée Aéronautique et Spatial Safran ouvrira ses portes les 17 et 18 septembre 2011, à l’occasion des Journées Européennes du Patrimoine pour une visite unique au cœur d’une collection de plus de cent moteurs d’avions et de fusées, turbines d’hélicoptères et autant de maquettes d’avions.

Le thème de cette année, « Le Voyage du Patrimoine », propose aux visiteurs du Musée de voyager au fil d’un parcours chronologique : des légendaires moteurs rotatifs en étoile aux réacteurs et aux puissants moteurs-fusées d’aujourd’hui. Les principaux équipements aéronautiques produits par le Groupe (trains d’atterrissage, systèmes de freinage, câblages et nacelles) complèteront le dispositif de présentation de l’histoire de l’aviation et de l’espace.

Le Musée proposera aussi de nombreuses animations en collaboration avec différentes associations :

• Un simulateur de vol d’Airbus A320 équipé du célèbre moteur CFM56 sera mis en place sur le site. Les visiteurs pourront s’initier au pilotage d’un avion de ligne depuis la préparation du vol jusqu’à l‘arrêt complet des moteurs. (En partenariat avec GG Production «Le rêve n‘a pas de limite»)
• Un simulateur d’hélicoptère de type Bell 206, le célèbre hélicoptère américain. Il permet de faire des vols d’initiation VFR (Visual Flight Rules) & IFR (Instrument Flight Rules) avec les places pilote/ instructeur. Il offre aux visiteurs un outil d’entraînement réaliste en leur proposant de prendre directement les commandes. (En partenariat avec Nonolight «L ‘hélicoptère à portée de tous»)
• L‘AAMS (Association des Amis du Musée Safran) proposera également un mini simulateur d’avion destiné aux plus jeunes (à partir de 6 ans).
• Trois ateliers fusées à eau, permettront aux participants (dès 8 ans) de comprendre de manière ludique les différentes étapes de la propulsion spatiale. Les fusées seront tirées depuis le parking du Musée (Altitude moyenne : 20m). (En partenariat avec «Planète Sciences»)
• Trois ateliers micro-fusées, permettront aux jeunes visiteurs (à partir de 12 ans) d’aller plus loin dans la connaissance des fusées. Ces ateliers leur permettront de construire et de tirer des micro-fusées propulsées par un moteur à poudre. Elles peuvent s’élever jusqu’à 100 mètres d’altitude. (En partenariat avec «Planète Sciences»)
• Un atelier animation mini hélicoptères radiocommandés permettra une initiation au pilotage de ces engins électriques. Cet atelier fonctionnera en continu, par période de 10 à 15 min. (Proposé par l’AAMS : Association des Amis du Musée Safran)
• Pour les plus jeunes, deux ateliers d’expérimentation scientifique seront installés sur la mezzanine du Musée. (En partenariat avec l’association «Fleurs de Sciences»)

Toutes les collections permanentes du Musée seront accessibles, avec notamment :

• L’automobile Messier 1925 (première voiture équipée d’une suspension oléopneumatique).
• La moto à gazogène (Gnome & Rhône D3 de 1929).
• L’avion « Mirage III C » et l‘hélicoptère « Alouette II » à bord desquels les visiteurs pourront se faire photographier.

Cette année, un petit train sera mis à disposition de tous les visiteurs et fera la navette entre les animations proposées par la commune de Réau et le Musée Safran.

***

Le Musée Aéronautique et Spatial Safran présente une collection unique de plus de 100 moteurs d’avions, de fusées et d’hélicoptères, dont la plupart ont été restaurés par l’Association des Amis du Musée Safran (moteurs d’avions) ou par des anciens de SEP (moteurs-fusées). Fruits de l’histoire du groupe Snecma, ces moteurs racontent toute l’épopée de la conquête du ciel et de l’espace. Le Musée permet aux visiteurs de parcourir une d’exposition vivante et interactive où, aux cotés des objets et des maquettes mis en scène, l’audiovisuel apporte un indispensable complément. Le Musée présente également les principaux équipements fabriqués par le groupe : trains d’atterrissage, systèmes de freinages… ainsi que différents produits prestigieux qui ont marqué son histoire ; voitures, motos, etc.

PRESS RELEASE

31.08.2011
CFM International Statement on Boeing 737 New Engine Family Launch

WEST CHESTER, Ohio – 30 August 2011

This morning, The Boeing Company made the announcement below regarding the Board of Director’s approval to launch the new engine variant of the Boeing 737 powered by CFM International’s LEAP-1B engine.

"Our relationship with Boeing goes back more than 30 years and even we could not have predicted the phenomenal success the CFM-powered Boeing 737 program has enjoyed,” said CFM President and CEO Jean-Paul Ebanga. “This is the best-selling aircraft/engine combination in aviation history. I believe we have achieved that status because we have consistently worked together to refine and improve the airplane/engine combination. This new airplane will provides exceptional operating economics and provide customers with unprecedented levels of efficiency and environmental responsibility while maintaining the legacy of aviation’s most reliable product line.

“The CFM-powered 737 aircraft being delivered today represents three decades of leading-edge technical innovation and we look forward to taking that technology to a whole new level with the LEAP-powered 737."

The LEAP-1B will be the exclusive powerplant for the new 737 variant, with the engine uniquely optimized for the airplane. CFM has been collaborating with Boeing on various engine options for either a new or re-engined 737 aircraft since 2005. The two companies are now working to define the final LEAP-1B engine configuration.

Since 1984, CFM has provided the sole powerplant for all Boeing 737 models from the Classic 737-300/-400/-500 to the Next-Generation 737-600/-700/-800/-900/-900ER and the BBJ. To date, more than 8,900 737s have been ordered, of which more than 7,700 are powered by CFM.

PRESS RELEASE

07.09.2011
Appointments at Turbomeca (Safran group)

Bordes, 7 September 2011

As from 1st September, David Thibes has been appointed General Manager of Turbomeca Canada, replacing Russ Spray who remains Chairman of Turbomeca USA.

As from 1st September, Guy Bonaud has been appointed Representative Director of Turbomeca Japan, replacing Marc Lacoue who is to take on other duties at Turbomeca.

As from 1st October, Frédéric Fourciangue has been appointed Chief Executive Officer of Turbomeca UK, replacing Christian Hamel who is to take on other duties within the Safran group.

David Thibes is a graduate in mechanical engineering (specializing in aeronautics) from the Ecole Polytechnique in Montreal. His career has been based in Canada, starting with Bombardier in 1997. He then went on to join the Safran group, first at Techspace Aero Canada in 2002 where he was project manager and designer and later at Turbomeca USA in 2005, as supplier quality engineer. Finally, in 2007, he joined Turbomeca Canada where he has been director of operations until now.

Guy Bonaud is a university graduate in aeronautical technology. He has vast experience in the helicopter industry, acquired over a career spanning 35 years. He served with the French Air Force before becoming a field representative for Turbomeca and later taking over responsibility for the Turbomeca site in Tokyo, Japan. In 2005, Guy Bonaud was appointed Customer Service Director for Turbomeca Canada.

Frédéric Fourciangue is a graduate of the prestigious aeronautical school, SUPAERO. He began his career at Dassault Aviation in 1998, in the general directorate for military support: he was project manager for Global Support Package contracts and new customer services until 2001, when he took charge of the Initial Procurement department until 2005. He furthered his career in aeronautics by joining Turbomeca in 2006. He was head of the new parts department within the Operator Support division until 2008, when he became head of the service management department within the Customer and Sales Support Division.

PRESS RELEASE

16.09.2011
Turbomeca (Safran group) and SAIC / AVIC International signed a new cooperation agreement on Arriel 2B1A to power the AC311 helicopter

Tianjin, 15 September 2011

During the China Helicopter Exposition in Tianjin, Turbomeca (Safran group), leading manufacturer of gas turbines for helicopters, announces the signature of a new cooperation agreement on Arriel 2B1A with SAIC (South Aero-engine Industry Corporation) and AVIC International (AVIC International Holding Corporation). This cooperation includes engines deliveries which are scheduled in the course of 2012.

“Our cooperation in the range of light turbines is expending the scope of our joint perspectives, this engine under cooperation will power the AC311 and I am confident this new engine cooperation combined with the AC311 will meet a prompt success.” said Olivier Andries, chairman & CEO of Turbomeca.

Turbomeca in China
Turbomeca is continuing and creating even closer links between Chinese and French industries.
Local presence and proximity support are reinforced with Turbomeca (Beijing) Helicopter Engines. Furthermore, Turbomeca performed industrial worksharing with Beijing Turbomeca Changkong, the first joint company between Turbomeca and an AVIC company, to assemble and tests the hydro-mechanical modules (HCU, FCU) of turbine engines.
Powering more than 300 helicopters in China, Turbomeca is the local leading helicopter engine supplier: one helicopter out of two is equipped with Turbomeca engines or licensed products.
Turbomeca has established ties with Chinese airframers HAIG (Harbin Aircraft Industries Group) & CAIG (Changhe Aircraft Industry Group), as well as with AVIC’s helicopter engine manufacturing entities Dongan and SAIC through various collaboration programs in the 2.5 to 7 ton helicopter market.

Turbomeca (Safran group) is the leading helicopter engine manufacturer, and has produced over 68 000 turbines based on its own designs since the company was founded. Offering the widest range of engines in the world and dedicated to 2,350 customers in 155 countries, Turbomeca provides a proximity service thanks to its 16 sites, 26 Maintenance Centers, 24 Repair & Overhaul Centers and 90 Field representatives and Field technicians. Microturbo, the subsidiary of Turbomeca, is the European leader in turbojet engines for missiles, drones and auxiliary power units.

PRESS RELEASE

16.09.2011
Turbomeca (Safran group) and AVIC International / SAIC signed a cooperation contract for 85 additional Arriel 2C engines

Tianjin, 15 September 2011

During the China Helicopter Exposition in Tianjin, Turbomeca (Safran group), leading manufacturer of gas turbines for helicopters, announces the signature of a new cooperation agreement on Arriel 2B1A with SAIC (South Aero-engine Industry Corporation) and AVIC International (AVIC International Holding Corporation). This cooperation includes engines deliveries which are scheduled in the course of 2012.

“Our cooperation in the range of light turbines is expending the scope of our joint perspectives, this engine under cooperation will power the AC311 and I am confident this new engine cooperation combined with the AC311 will meet a prompt success.” said Olivier Andries, chairman & CEO of Turbomeca.

Turbomeca in China
Turbomeca is continuing and creating even closer links between Chinese and French industries.
Local presence and proximity support are reinforced with Turbomeca (Beijing) Helicopter Engines. Furthermore, Turbomeca performed industrial worksharing with Beijing Turbomeca Changkong, the first joint company between Turbomeca and an AVIC company, to assemble and tests the hydro-mechanical modules (HCU, FCU) of turbine engines.
Powering more than 300 helicopters in China, Turbomeca is the local leading helicopter engine supplier: one helicopter out of two is equipped with Turbomeca engines or licensed products.
Turbomeca has established ties with Chinese airframers HAIG (Harbin Aircraft Industries Group) & CAIG (Changhe Aircraft Industry Group), as well as with AVIC’s helicopter engine manufacturing entities Dongan and SAIC through various collaboration programs in the 2.5 to 7 ton helicopter market.

Turbomeca (groupe Safran) est le motoriste leader pour hélicoptères, avec la plus large gamme de moteurs au monde et plus de 68 000 turbines de sa conception produites depuis l’origine de la société. Pour 2 350 clients répartis dans 155 pays, Turbomeca assure un service de proximité grâce à 16 établissements, 26 centres de maintenance, 24 centres de réparation & révision et 90 représentants commerciaux et techniques. Le siège social est basé à Bordes (Pyrénées-Atlantiques). Microturbo, la filiale de Turbomeca, est leader européen des turboréacteurs pour missiles, engins-cibles et groupes auxiliaires de puissance.

PRESS RELEASE

21.09.2011
Sagem to modernize navigation system on South Korea’s KSS-1 submarines

Paris, September 21, 2011

After a hard-fought international competition, Sagem (Safran group) was chosen by the South Korean Defense Ministry’s Defense Acquisition Program Administration (DAPA) to modernize the navigation system on the navy’s KSS-1 class Chang Bogo submarines. Each KSS-1(1) will be fitted with two Sigma 40XP inertial navigation systems, integrated in the ship’s combat system.

The technical qualities of the Sigma navigation systems proved decisive in DAPA’s decision, further confirming the South Korean navy’s confidence in Sagem, which already provides navigation systems for its surface vessels.

Developed and produced by Sagem, the Sigma 40XP is a state-of-the-art inertial navigation system, combining high-performance laser gyros and advanced digital filtering techniques. The core laser gyro technology has amply proven that it is the most appropriate technology for the harshest operational environments, such as those experienced by submarines during dives. By modernizing the KSS-1 class submarines’ navigation system, they will significantly enhance operational capabilities to meet the evolving needs of the South Korean navy.

This latest business win consolidates Sagem’s leadership in the high-performance navigation market for submarines. Sagem navigation systems now equip 11 different classes of submarines, nuclear, air independent propulsion, and conventional, totaling over 50 ships, along with some 300 surface vessels.

(1) The KSS-1 is a conventional type U-209 submarine displacing 1,200 metric tons. It is built by Daewoo Shipbuilding & Marine Engineering.

Sagem, a high-tech company in the Safran group, holds world or European leadership positions in optronics, avionics, electronics and safety-critical software for both civil and military markets. Sagem is the No. 1 company in Europe and No. 3 worldwide for inertial navigation systems (INS) used in air, land and naval applications. It is also the world leader in helicopter flight controls and the European leader in optronics and tactical UAV systems. Operating across the globe through the Safran group, Sagem and its subsidiaries employ 7,000 people in Europe, Southeast Asia and North America. Sagem is the commercial name of the company Sagem Défense Sécurité.

PRESS RELEASE

26.09.2011
The Safran Foundation for Music Prize goes to the pianist, Wenjiao Wang

Paris, September 26, 2011 - The Safran Foundation for Music Prize 2011 will be awarded on October 3 to Wenjiao Wang. This young Chinese pianist, already the winner of many top prizes during the course of her studies, exudes artistry and passion from her very fingertips! Her virtuosity has already been much admired in recitals she has given at major festivals. She will receive her award from the hands of Anne Queffélec, a pianist of international renown. The ceremony will take place at 8 PM in the Grand Salon of the Musée de l’Armée at the Hôtel National des Invalides, Paris. For this exceptional concert, the prize-winner has chosen to perform the following program:

For the past five years, the Safran Foundation for Music has partnered in this way the Musée de l’Armée for the musical cycle: "Jeunes Talents - Premières Armes" ("Young Talent - First Arms"). This enables young and brilliant musicians from the Conservatoire National Supérieur de Musique et de Danse de Paris to perform in front of a keen and demanding public. This cycle comprises a dozen or so concerts and, year-in, year-out, has between 20 and 40 artistes taking to the stage. At the end of the season, one of the performers whose talent has really stood out - Wenjiao Wang this year - is awarded the Safran Foundation for Music Prize, to the value of €5000. The Safran Prize is intended to support the prize-winner in the development of his or her professional career, by providing him or her with the opportunity to establish a reputation vis-à-vis the front-line structures or festivals that are themselves supported by the Foundation.

Since the creation of the Safran Foundation for Music Prize, three young artists have been rewarded in this way: Maja Bogdanovic (cello), Natacha Kudritskaya (piano), Mi-Sa Yang (violin).

PRESS RELEASE

27.09.2011
Turbomeca (Safran group) and Bristow Academy partners to train Turbomeca engines users

Duxford, 27 September 2011

During the Helitech exhibition, Turbomeca (Safran group) and Bristow Academy signed a partnership contract to facilitate the training of Turbomeca operators on maintenance operations. Going forward Bristow will be able to train pilots and technicians as a part of the Turbomeca Training Network. The partnership will draw from Turbomeca training programs to give pilots and technicians a more in-depth view of modern engine design and engine operating characteristics.

The training methodology is based on active learning and practical training. Maintenance staff gains operational know-how essential to ensuring better performance practices. Better trained maintenance staff will help reduce unscheduled operating and maintenance procedures, reduce costs and increase safety performance both on the ground and in the air.

Through this partnership, Turbomeca reinforces its close proximity support strategy and its role as a business partner to its customers, combining the skills and experiences of both partners. Bristow Academy is a leader in helicopter flying training and its academic instructors have more than 165 years of combined experience in helicopter operations and maintenance support. As part of the Bristow Group of companies, Bristow Academy benefits from a wealth of information and data based on current, real world experience in Bristow’s global operations.

Olivier Andriès, Turbomeca Chairman & CEO explains: “Turbomeca’s goal is to support Bristow Academy’s mission and we are pleased to be able to contribute to efficient training. A well maintained engine has greater longevity, is more efficient and cost effective, and improves flight safety and aircraft availability.”

Samantha Willenbacher, Bristow Academy Director, said: “I am excited to see that our cooperation with Turbomeca has advanced to a new level. We are honored to have been chosen as Turbomeca partners and look forward to providing training that will have a positive impact on operations within Bristow Group and for other Turbomeca operators”.

Turbomeca (Safran group) is the leading helicopter engine manufacturer, and has produced over 68 000 turbines based on its own designs since the company was founded. Offering the widest range of engines in the world and dedicated to 2,350 customers in 155 countries, Turbomeca provides a proximity service thanks to its 16 sites, 26 Maintenance Centers, 24 Repair & Overhaul Centers and 90 Field representatives and Field technicians. Microturbo, the subsidiary of Turbomeca, is the European leader in turbojet engines for missiles, drones and auxiliary power units.
For more information: www.turbomeca.fr and www.safran-group.com

Bristow Academy Inc. is a leader in helicopter flight training and is accredited by the Accrediting Commission of Career Schools and Colleges (ACCSC).  The ACCSC is listed by the U.S. Department of Education as a nationally recognized accrediting agency.  The Academy is also approved by both the U.S. Federal Aviation Administration (Part 141) and the UK Civil Aviation Authority (JAR-FCL).  Bristow Academy is the only flight training organization outside of Europe approved to train pilots for the demanding integrated European JAA Commercial Pilot’s License (helicopter) program.  Bristow Academy Inc. is an affiliated company of Bristow Group Inc., (NYSE:  BRS),  the leading provider of helicopter services to the worldwide offshore energy industry based on the number of aircraft operated and one of two helicopter service providers to the offshore energy industry with global operations.  The Company has major transportation operations in the North Sea, Nigeria and the U.S. Gulf of Mexico, and in most of the other major offshore oil and gas producing regions of the world, including Alaska, Australia, Brazil, Mexico, Russia and Trinidad.
For more information, visit the Company’s website at www.bristowgroup.com.

PRESS RELEASE

27.09.2011
Turbomeca (Safran group) set to expand in the United Kingdom

Duxford, 27 September 2011

At Helitech 2011, Turbomeca (Safran group) and its British site, Turbomeca UK, promote an increasing influence in the UK market. The company displays mock-ups of the Arrius and Arriel gas turbines, as well as a 3D presentation of the latest generation Ardiden 3.

UK business
The UK is a major market for Turbomeca with sales to the Ministry of Defence, its largest single customer, and to civil operators who fly a variety of missions covering offshore, EMS and Police support: one customer alone flies ten Arrius 2B2 powered-EC135s. This year, the Arrius 2B2 worldwide market share on EC135s is 60%, as this Turbomeca engine has been selected notably for critical missions in hostile environment.

The UK fleet of Turbomeca engines now amounts to more than 750 in service on nearly 600 helicopters; as well as 350 RTM 322 engines, co-developed with Rolls-Royce and in operational use with all three British Armed Forces.

Turbomeca UK also manufactures a range of components and assemblies for helicopter gas turbines, and propulsion systems for missiles and drones. It also produces complete starting systems for Hawk, Jaguar and Eurofighter Typhoon fast jets.

Growing service capabilities
Turbomeca UK’s Front Office and network of Field Reps is operational throughout the UK and Ireland. The team is key to the success of the organisation and to the increasing number of engines arriving for repair or overhaul at the facility. It is also flexible enough to allow managers and reps to react to customers needs at the earliest possible opportunity, ensuring that the level of support received consistently exceeds the level of service expected. Turbomeca UK operates from a 7,000m2 state-of-the-art facility in Fareham, Hants. It supports Arriel and Arrius engines and provides a dedicated and fast-reacting service to UK and Irish customers. It is currently finalizing service agreements to secure a significant expansion in its MRO capabilities.

Turbomeca (Safran group) is the leading helicopter engine manufacturer, and has produced over 68 000 turbines based on its own designs since the company was founded. Offering the widest range of engines in the world and dedicated to 2,350 customers in 155 countries, Turbomeca provides a proximity service thanks to its 16 sites, 26 Maintenance Centers, 24 Repair & Overhaul Centers and 90 Field representatives and Field technicians. Microturbo, the subsidiary of Turbomeca, is the European leader in turbojet engines for missiles, drones and auxiliary power units.
For more information: www.turbomeca.com et www.safran-group.com

PRESS RELEASE

28.09.2011
MorphoIDent receives design award

Paris, September 28, 2011

Morpho (Safran group) is proud to announce that MorphoIDent, its latest handheld mobile identification device, has received a prestigious “Janus de l’Industrie” 2011 award from the Institut Français du Design (French Institute of Design) for its modern, compact, easy-to-use design. Held annually under the patronage of the French Minister for the Economy, Finance and Industry, the Janus awards for Industry honor products designed to provide clear user benefits.

Launched earlier this year, MorphoIDent is a cutting-edge device providing real-time, on-the-spot identification based on Morpho’s world-class fingerprint recognition technology. In addition to its modern design and glossy finish, it boasts new features such as intuitive pictograms, folder management, vibration alert and an easy-to-use keypad. MorphoIDent is well-suited for use by public safety agents and officers in the field and has already been rolled out in the United States following successful field testing.

Commenting on this achievement, Jean-Paul Jainsky, Chairman and Chief Executive Officer of Morpho, said: “We are proud to have received another Janus award which recognizes the continuous efforts of our design experts”. “Morpho works tirelessly to develop innovative products that provide the best possible user experience”.

The “Janus de l’Industrie” was created in 1953 by the French Institute for Design. Its jury is made up of experts from a wide range of fields including industry, design, architecture, sustainable development and communications.

For more information visit the French Institute of Design website: www.institutfrancaisdudesign.com.

About Morpho

For more information : www.morpho.com www.safran-group.com

PRESS RELEASE

28.09.2011
PowerJet signs SaM146 Customer Support Agreement with Yakutia Airlines

ERA General Assembly, Italy, September 28, 2011 – Yakutia Airlines, represented by Ivan Alekseevich Prostit, General Director, and PowerJet, represented by Jacques Desclaux, Chairman and Chief Executive Officer, signed today an agreement for the support of 4 SaM146 propulsion systems dedicated to power the Sukhoi Superjet 100 aircraft (SSJ100). This agreement follows the firm order of 2 Sukhoi Superjet 100 placed by Yakutia Airlines with Sukhoi Civil Aircraft Company (SCAC). The first aircraft service entry is planned for 2012.

Through this Customer Support Agreement, Yakutia Airlines will benefit from PowerLife™, a dedicated customer support for the entire propulsion system (engine, equipment and nacelle). This agreement plans out the general contractual terms to be applied between Yakutia Airlines and PowerJet concerning product support, documentation, training, on-site support and engine warranties.

“We are extremely pleased to sign the SaM146 customer support agreement with Yakutia Airlines, reflecting PowerJet’s full-fledged commitment to offering a complete support organization. PowerJet is totally devoted to accompanying SSJ100 aircraft in service by setting up a comprehensive customer support & service structure that will meet all Yakutia Airlines expectations, said Jacques Desclaux, Chairman & CEO of PowerJet.

PowerJet is committed to delivering maximum value to its customers through a product that strikes a perfect balance between advanced technologies and proven experience.

On May 18, 2011, PowerJet has announced its comprehensive new customer care service, dubbed PowerLifeTM. This dedicated SaM146 customer support & service organization ensures fast and reliable access to services and information anywhere in the world with an AOG hotline open 24/7. PowerJet is the world’s premier manufacturer of regional jet engines to provide a single point-of-contact for all customer support & services on the complete propulsion system, including engine, equipment and nacelle.

PowerJet, founded in July 2004, is a joint venture of Snecma (Safran group) of France and NPO Saturn of Russia. The company is in charge of the SaM146 engine program management, including development, production, marketing and sales, as well as customer support and MRO services. In April 2003, the SaM146 engine was selected by Sukhoi Civil Aircraft to power its Superjet 100 regional jet.

Yakutia Airlines is an airline based in Yakutsk, Russia. It operates domestic passenger services in Russia and within the CIS, as well as charters to destinations in Europe from its hubs at Yakutsk Airport and Moscow’s Vnukovo Airport.

PRESS RELEASE

29.09.2011
Singapore Airlines selects Messier-Bugatti-Dowty’s A350 XWB carbon brakes

Vélizy, September 29, 2011

Messier-Bugatti-Dowty (Safran group) has been selected by Singapore Airlines for the supply of the wheels and carbon brakes for its Airbus A350 XWB fleet. This selection confirms Messier-Bugatti-Dowty’s leading position in Asia for the A350 XWB market segment.

Messier-Bugatti-Dowty is offering a new generation carbon brake for the A350 XWB. Its optimized design offers quicker cooling and better energy absorption on braking, which translates into faster turnaround times and higher fleet availability for operators. Other benefits include a lower parts count to increase reliability and reduce weight. It uses the Sepcarb®III OR (oxidation resistant) carbon composite material, already chosen for nearly half of the global fleet of commercial jets and simply the best carbon available on the market.

This brake is "eco-designed", using the latest non-polluting manufacturing and surface treatment technologies, both at Messier-Bugatti-Dowty and the company’s subcontractors.

Alain Sauret, Chairman and CEO of Messier-Bugatti-Dowty, said: "We are delighted with this selection by Singapore Airlines, which will surely pave the way for more orders on this landmark aircraft program. This new success with one of the world’s leading airlines, already a major customer of Messier-Bugatti-Dowty, confirms their recognition of our quality and confidence in our products."

Messier-Bugatti-Dowty is the world’s N°1 supplier of carbon brakes. On the Airbus A350-800 and -900 it will also supply all main landing gear, as well as steering, landing gear extension/retraction and braking systems.

Messier-Bugatti-Dowty (Safran group), is the world leader in aircraft landing and braking systems. Company capabilities encompass the full life cycle of our products, ranging from design and manufacture to in-service support, repair and overhaul. Messier-Bugatti-Dowty is a partner to 33 leading commercial, military, business and regional airframers, and supports more than 22,000 aircraft making over 35,000 landings every day. The company employs 6,250 staff working in locations across Europe, North America and Asia.

PRESS RELEASE

29.09.2011
Management appointments at Safran

Paris, September 29, 2011

Sylvain Guiheneuf, 45, was named Chief of Staff for the Safran group Chairman and CEO and Secretary to the Board of Directors on September 1. He reports to Dominique-Jean Chertier, Deputy Chief Executive Officer, Corporate Office. After graduating from the Paris II Panthéon-Assas law school in 1990, Sylvain Guiheneuf started his career as a lawyer with the American oil company Conoco, where he worked for five years. He then held various legal positions at the bank Société Générale and the construction company Bouygues, specializing in international affairs. He moved to the aerospace sector in 1998, working for EADS for more than nine years, mainly as head of legal affairs and corporate counsel. Sylvain Guiheneuf joined the Safran group on September 1, 2007 as Corporate Secretary and Trade Compliance Officer for Sagem.

Franck Saudo, 35, was named deputy to Jean-Pierre Cojan, Safran Executive Vice President for Strategy, on September 15. A graduate of the Ecole Polytechnique (2000) and the London School of Economics (2003), named "Ingénieur du Corps des Ponts et Chaussées" (public works engineering corps) in 2003, Franck Saudo started his career in 2003 at the Treasury Department of the French Ministry of Finance as head of financial markets. He was then placed in charge of issues concerning international debt and the Club de Paris. From June 2007 until joining Safran, he was financial sector advisor to the cabinet of the French Minister of the Economy, Industry and Employment.

Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Safran group has more than 54,000 employees and generated sales of 10.8 billion euros in 2010. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.2 billion euros in 2010. Safran is listed on NYSE Euronext Paris and its share is part of the CAC Large 60 index.
For more information, www.safran-group.com

Follow @SAFRAN on Twitter

PRESS RELEASE

29.09.2011
ICBC Leasing, CFM Sign MOU for $450 Million Engine Order

Beijing, China – 29 September 2011 — ICBC Financial Leasing Co., Ltd, a subsidiary of Industrial and Commercial Bank of China (ICBC), today signed a Memorandum of Understanding with CFM International to purchase CFM56-5B engines to power a new fleet of 22 firm Airbus A320 family aircraft. The firm engine order, which includes three spare engines, is potentially valued at more than $450 million U.S. at list price and the leasing company is scheduled to begin taking deliver in 2012. This order represents the largest order by a Chinese financial leasing company to date..

Defined as a first trial by China State Council, ICBC Financial Leasing Co. Ltd. is the first banking financial leasing company approved by the China Banking Regulatory Commission. The company is fully owned by the Industrial and Commercial Bank of China and its current asset values approximately $12 billion U.S.

All of ICBC’s new engines will be the CFM56-5B Performance Improvement Package (PIP) configuration. The -5B PIP completed extensive ground testing and more than 26 hours of flight testing on the A320. The engine, which will become the new production standard, is on schedule for certification and entry into service by the end of 2011.

The improvements, which provide a 0.5% improvement in fuel burn, include hardware changes to the core, including new high-pressure turbine blade, as well as manufacturing changes the fan and compressor blades and vanes to improve performance retention. The engine will maintain the same noise signature as the current production engine. These engines also meet current International Civil Aviation Organisation (ICAO) Committee of Aviation Environmental Protection standards (CAEP /6) requirements.

CFM56-5 engines are a product of CFM International, a 50/50 joint venture between Snecma (Safran group) and GE. CFM, the world’s leading supplier of commercial aircraft engines, has delivered nearly 23,000 engines to date and the fleet has achieved nearly 550 million flight hours as the most reliable engines in the air.

PRESS RELEASE

30.09.2011
Management appointments at Safran’s Operations division

Paris, September 30, 2011

The Safran group has made several management appointments at its Operations division, headed by Marc Ventre, Deputy Chief Operating Officer.

Jean-Lin Fournereaux 59, named Deputy to Marc Ventre, Deputy Chief Operating Officer. He also retains his position as Safran Vice President for Space.. A graduate of INSA (1976), Jean-Lin Fournereaux has spent his entire professional career with Safran group companies. He joined rocket propulsion specialist SEP (which became part of Snecma in 1997) in 1977, holding various positions concerning space propulsion systems. In 1994, he was named head of the satellite propulsion and space equipment unit, then in 1998 he became director of the liquid propulsion division, in charge of Snecma’s rocket propulsion activities, mainly concerning propulsion systems for Ariane launchers. In 2001, he was named President and CEO of Techspace Aero, before taking over as Chairman and CEO of Snecma Services in 2004. He was named Chairman and CEO of Sagem in 2007, then moved to Safran in 2011 as Group Vice President in charge of Space.

Denis Vercherin, 58, named Safran Vice President for Programs, while retaining his position as Vice President, Production.. A graduate of the Ecole Centrale de Paris engineering school, Denis Vercherin started his career at Snecma in 1976, working with General Electric in Cincinnati as engineering, then program representative in 1982. He was named design manager for the CFM56-5B (A320 engine) in 1989, then director of CFM56 programs at Snecma in 2000. In 2004 he was named Executive Vice President of Hispano-Suiza, then Chairman and CEO of Snecma Services in 2007. Denis Vercherin was named Executive Vice President of Snecma in 2009 before moving to Safran the following year as Vice President for Production.

Joseph Bogosian, 46, named Safran Vice President for Certification.. A graduate of Georgetown University (1986) and the University of Miami School of Law (1992), Joseph Bogosian started his career as a staff member of the U.S. House Transportation and Infrastructure and Foreign Affairs committees. In 2001 he was named Deputy Assistant Secretary of Commerce, then Assistant Administrator for the Federal Aviation Administration (FAA) in 2005. He joined Safran in 2007 as President and CEO of Safran USA. Since October 2010 he was been a special advisor in the Safran group, first for the Defense-Security branch of Safran, then for Morpho.

About Safran
Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Safran group has more than 54,000 employees and generated sales of 10.8 billion euros in 2010. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.2 billion euros in 2010. Safran is listed on NYSE Euronext Paris and its share is part of the CAC 40.
For more information, www.safran-group.com
Follow @SAFRAN on Twitter

PRESS RELEASE

03.10.2011
Hispano-Suiza (Safran group) selected by Embraer for the KC-390 program

Colombes, September 29, 2011

Brazilian aircraft manufacturer Embraer has selected Hispano-Suiza (Safran group) to supply the Emergency Electric Power Generator System (EEPGS) for its upcoming KC-390 military transport and aerial refueling jet.

Hispano-Suiza will supply the complete system, composed of the following:

• Ram Air Turbine (RAT);
• RAT electric generator and generator control unit;
• RAT actuation system (deployment and restow mechanism)

The Ram Air Turbine System will convert air stream in electric power for the loads that are essential for continued safe flight and landing in case of emergency. With this program, Safran increases its leadership in the supply of more electrical systems.

“This mission-critical system has been entrusted to Hispano-Suiza, based on its long history of providing solutions for aviation,” said Eduardo Bonini Santos Pinto, Vice President Operations and COO, Embraer Defense and Security. “Whether for military or humanitarian airlift or refueling situations, the KC-390 will be ensured safe continued flight or landing capabilities under emergency conditions.”

“We are delighted to start a new partnership with Embraer in this innovative and ambitious aircraft program, and to contribute in the success of this aircraft with our performing solutions that meet customers expectations,” stated Olivier Horaist, Hispano-Suiza Chairman and CEO.

Gérald Farrenc, Safran Senior Vice President Brazil Programs, added “This latest mark of trust from Embraer clearly reflects the ability of Safran group’s companies to satisfy its requirements and reinforces our two Groups’ partnership.”

The KC-390 is a twin-turbofan powered medium-weight transport jet that can be refueled in flight and can be used for in-flight or on-ground refueling of other aircraft.

Hispano-Suiza (Safran group) is a major player in the airborne applications of electrical power. It is specialized in the transmission of power, and the management and conversion of electrical energy. Hispano-Suiza is the world’s leading supplier of engine power transmissions, with a market share of nearly 60% of all mainline jets (over 100 seats). As a pioneer in the design, development and production of electronic power controllers for airborne applications, Hispano-Suiza contributes to today’s major aircraft programs in conjunction with fellow Safran companies (A380, Boeing 787, A400M), and leads Group developments for tomorrow’s “more electric” aircraft. For more informations : www.hispano-suiza-sa.com.

Embraer S.A. (NYSE: ERJ; BM&FBOVESPA: EMBR3) is the world’s largest manufacturer of commercial jets up to 120 seats, and one of Brazil’s leading exporters. Embraer’s headquarters are located in São José dos Campos, São Paulo, and it has offices, industrial operations and customer service facilities in Brazil, China, France, Portugal, Singapore, and the U.S. Founded in 1969, the Company designs, develops, manufactures and sells aircraft and systems for the commercial aviation, executive aviation, and defense and security segments. It also provides after sales support and services to customers worldwide. On June 30, 2011, Embraer had a workforce of 17,194 employees – not counting the employees of its partially owned subsidiaries – and its firm order backlog totaled USD 15.8 billion

PRESS RELEASE

03.10.2011
Morpho completes acquisition of Carvajal’s card division and becomes a leader in the Latin American banking market

Paris, October 3, 2011

After completing all required approval procedures, Morpho (Safran group) today announced that it has finalized the acquisition of Valores Plasticar, the card manufacturing and personalization centers of the Colombian group Carvajal, initially announced on July 12, 2011. This transaction positions Morpho as a leader in the Latin American banking market.

Commenting on the closing, Philippe d’Andréa, Executive Vice President, Morpho, e-Documents Division, said: “We are delighted to have finalized this transaction, which is perfectly aligned with Morpho’s development strategy within the security market in this part of the world.”

The new business will be integrated into Morpho as of October 1, 2011. Marcelo Bellini Garcia has been appointed Managing Director of the new operation. Mr Garcia previously served as Sales and Marketing Director, Brazil and Vice President Sales Banking and IAM, Americas of Morpho’s e-Documents Division.

About Morpho

Morpho (groupe Safran), a high-technology company in the Safran group, is one of the world’s leading suppliers of identification, detection and e-document solutions. Morpho is specialized in personal rights and flow management applications, in particular based on biometrics, a sector in which it is the world leader, as well as secure terminals and smart cards. Morpho’s integrated systems and equipment are deployed worldwide and contribute to the safety and security of transportation, data, people and countries.

Follow @MORPHO_NEWS on Twitter

PRESS RELEASE

03.10.2011
Cédric Goubet Named New CFM International Executive Vice President

WEST CHESTER, Ohio - 3 October 2011 – CFM International today announced that Cédric Goubet has assumed the role of executive vice president, replacing Olivier Savin, who had served in this position since October 2007.

As part of the CFM Executive Team, Mr. Goubet is responsible for overseeing programs carried out by CFM. Along with his counterpart at GE, he also serves as the primary interface between Snecma and GE.

Mr. Goubet joined Safran in September 2010 as deputy to the Chief Operating Officer. In this role, he helped manage the activities of the various companies of Safran group, including Snecma.

Prior to joining Safran group, Mr. Goubet worked as civil servant for the French Ministries of the Interior and Economy, Industry and Finance. He served as a representative of the State in several local areas, where he participated in policy implementation that targeted industrial investment and job creation. He later joined the auditing department of the Treasury and led several missions, including one focused on supporting industry innovation.

In 2004, Mr. Goubet was appointed adviser to the Ministers of Interior and Economy. During his tenure, his efforts were focused on city and country planning and industrial and innovation policy.

In May 2007, he was named chief of staff of the French President, Nicolas Sarkozy, a position he held until joining the Safran group.

Mr. Goubet was graduated from the IEP (L’Institut d’études Politiques) de Paris with a degree in political science and from Paris Dauphine University, with a master’s degree in International Economics. He also completed studies at the prestigious ENA (École Nationale d’Administration), which recruits and provides initial training for senior French officials.

CFM International (CFM), the 50/50 joint company between Snecma (Safran group, France) and GE, is headquartered in West Chester, Ohio, near Cincinnati. CFM has delivered a total of 22,500 CFM56 engines to date, making it one of the most successful aircraft engine suppliers in history. The two parent companies have extended the 37-year-old partnership agreement to the year 2040.

PRESS RELEASE

05.10.2011
TRUEngineTM Program Expands Reach; Customers Realizing Real Benefits

WEST CHESTER, Ohio — 4 October 2011 — CFM International’s TRUEngine program continues to achieve broad-based industry acceptance since the program was launched in mid-2008. Currently, more than 6,100 CFM56 engines in service with operators worldwide are qualified for TRUEngine status. This number represents nearly 40 percent of the in-service CFM56 commercial fleet worldwide.

“CFM is well positioned to provide full product support for CFM56 engines based both on our extensive fleet experience, as well as our product-level knowledge,” said Chaker Chahrour, executive vice president of CFM International. “The TRUEngine designation enhances customer value in that it confirms engine content and the applicability of CFM technical data and, thus, streamlines the support process, and our customers are getting real benefit from the program.”

One such customer is WestJet, which became part over the TRUEngine program in 2010. The airline qualified more than 100 of its CFM56-7B engines, which makes it eligible for up to 100 complimentary days annually of spare engine support from the CFM lease pool in the event of any unscheduled removals. Earlier this year, WestJet found itself in just such a position, with multiple engine removals in a relatively short time span. The airline had real concerns that it would have enough spare engines to avoid disrupting its operations.

“This is an instance where we really saw the benefits of the TRUEngine program,” said Russ White, vice president of Technical Operations for WestJet. “Having access to the lease pool enabled us to avoid an AOG (aircraft on the ground) situation and other disruptions. Plus, the complimentary days saved us well over $300,000 in engine leasing expenses. We are really pleased with our decision to qualify our CFM56-7B fleet as TRUEngine.”

The TRUEngine designation serves as a method for identifying engines with CFM-approved content and facilitates product support of the engine system. Moreover, industry stakeholders use the knowledge of engine content to evaluate engine value and re-marketability. The TRUEngine designation is available for all CFM56 engines. To qualify, a customer submits engine serial numbers, along with a combination of fleet operational and maintenance records, to CFM for evaluation to ensure the engine content, overhaul practices, and repairs are consistent with CFM requirements for that engine model.

PRESS RELEASE

05.10.2011
Morpho Takes Ultimate Checkpoint Liquid Explosives Detection Solution to Next Level

Amsterdam – October 5, 2011 - Morpho Detection, Inc. (MDI), the explosives and narcotics detection business of Morpho, Safran group’s security unit, today announced it has taken delivery of critical and newly designed X-ray hardware. This equipment will allow its X-ray Diffraction-based XDi checkpoint liquid explosives detection screening system to deliver no-stop carry-on baggage inspection at airport passenger checkpoints.

The new hardware represents an important development for high-volume EU airports in light of upcoming checkpoint liquids regulatory changes. The newly designed multi-focus X-ray source will make it possible for Morpho Detection’s XDi to deliver the throughput necessary for carry-on baggage screening.

“Morpho Detection’s XDi in-bag liquid explosives checkpoint screening solution is on track to help European airports meet their screening challenges when the liquids ban is lifted,” said Brad Buswell, president and CEO, Morpho Detection, Inc. “We are confident XDi will deliver the high detection effectiveness, low false alarm rates and high throughput that will be required of airport operators.”

Morpho Detection’s revolutionary XDi checkpoint liquids screening system will offer airport security operators operational efficiencies and customer satisfaction by detecting liquid explosives in containers and in passengers’ bags, doing away with the need for removing these items and manually examining them at the checkpoint.

For more information on Morpho’s detection products, visit www.morpho.com/detection.

About Morpho Detection, Inc.

Morpho Detection, Inc., part of Morpho, a business of the Safran group (PAR: SAF), is a leading supplier of explosives and narcotics and chemical, biological, radiological, and nuclear (CBRN) detection systems for government, military, air and ground transportation, first responder, critical infrastructure and other high-risk organizations. Following Safran Group’s 2009 acquisition of GE Security’s GE Homeland Protection, Inc. business, Morpho Detection integrates computed tomography (CT), Raman Spectroscopy, trace (ITMS™ technology), X-ray and X-ray Diffraction technologies into solutions that can make security activities more accurate, productive and efficient. With industry-leading products such as the Itemiser® DX trace detection system, the CTX line of explosive detection systems (EDS), and the StreetLab® Mobile hand-held chemical and biological substance identification unit, Morpho Detection’s solutions are deployed to help protect people and property in some of the most important and sensitive world locations.

PRESS RELEASE

07.10.2011
Garuda Indonesia, CFM sign MOU for Comprehensive Support of CFM56-7B Engines

JAKARTA, Indonesia – October 7, 2011 – Garuda Indonesia, Indonesia’s national airline, have signed a Memorandum of Understanding with CFM International for the long-term support of the CFM56-7B engines powering the airline’s fleet of 63 Boeing 737-800 aircraft. Under the terms of the potential 15-year Rate Per Flight Hour (RPFH) contract, CFM would provide comprehensive engine maintenance service and guarantee maintenance costs on a dollar per engine flight hour basis.

“This partnership is a concrete manifestation of long-term support for Garuda and for our fleet revitalization program,” said Emirsyah Satar, president & CEO of Garuda Indonesia. “This agreement shows the trust and appreciation that CFM and its parent companies, GE and Snecma, have for our airline, as well as their whole-hearted support of our successful turn-around and business transformation. This partnership will also bring benefit to the Garuda fleet by having a high quality standard for engine performance and efficient operation through predictive maintenance costs.”

As part of the proposed contract, CFM and Garuda’s Maintenance arm, GMF Aero Asia will jointly develop overhaul capability for the CFM56-7B engine. Once capable, Garuda’s CFM56-7B engine overhauls will be undertaken by GMF as part of the RPFH agreement. The development of CFM56-7B overhaul capability by GMF and CFM will increase the competency of the Indonesian aviation industry in supporting the country’s significant domestic air transportation growth.

Garuda Indonesia is a long-time CFM customer and began operating the CFM56-3-powered Boeing 737-300 in the late 1990s. Today, the airline’s fleet includes approximately 75 CFM-powered 737 aircraft in service or on order. The airline operates 81 new modern aircraft; and serves 32 domestic and 17 international destinations including Asia (China and Japan), Australia, the Middle East, and Europe (Amsterdam). By 2015, the airline will operate a fleet of more than 150 aircraft.

About Garuda Indonesia Garuda Indonesia is an IOSA Certified Airline with 4-star airline category. Recognized as World’s Most Improved Airline in the 2010, in World Airline Awards in Hamburg by Skytrax, Garuda Indonesia also awarded "Turn Around Airline of the Year 2010” in October 2010 from the Center for Asia Pacific Aviation (CAPA), based in Sydney. The airline is undergoing an aggressive 5-year expansion and modernization plan known as the ‘Quantum Leap’ involving a significant fleet upgrade and image-overhaul including changing the airline’s livery, staff uniforms and logo. In line with Garuda Indonesia’s ongoing fleet development, in 2011 it expects the arrival of eleven new aircraft, consisting of two Airbus A330-200s and nine Boeing Next-Generation 737-800 Next Generation aircraft. In 2010, Garuda took delivery of 24 new aircraft, consisting of twenty-three Boeing Next-Generation 738-800s and one Airbus A330-200.

About CFM International CFM International (CFM), a 50/50 joint company between Snecma (Safran group) and GE and is the world’s leading supplier of commercial aircraft engines. Since the company was formed in 1974, it has delivered nearly 23,000 aircraft to more than 500 operators around the globe. The CFM56 product line has long held the reputation as the most reliable, cost-efficient engines in the air.

PRESS RELEASE

07.10.2011
Safran and Avic bolster collaboration on training programs

Paris, October 7, 2011

Safran and Avic have signed a Memorandum of Understanding (MoU) on training, extending the strategic partnership first formed in 2010. The new agreement was signed by Gilbert Font, Director of Safran Corporate University, and Lu Shunfa, President of Avic University, on September 23 at Avic University in Mi Yun.

The MoU sets the foundations for collaboration between the two corporate universities on a number of programs and initiatives:

• Organization of training programs within the scope of new aviation projects developed by Safran and Avic.
• Organization of conferences and staff exchanges between the two groups.
• Participation by Safran and Avic employees in current training programs at the two universities.
• Organization by Avic University and Safran Corporate University of international training sessions for employees.
• Safran and Avic employees welcomed for in-service training during the mandatory corporate internship period.
• Support for the development of new partnerships with French and Chinese public universities.
• Sharing experience concerning university-level collaboration.

Through this latest agreement, Safran will continue its contribution to the development of the Chinese aviation industry, as well as its deep involvement in training aeronautical engineers and research. Safran’s broad-based experience in aerospace propulsion and aircraft equipment, combined with Avic’s own expertise, will ensure that the two companies’ employees have access to the most advanced training programs in the market.

About Safran
Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Safran group has more than 54,000 employees and generated sales of 10.8 billion euros in 2010. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.2 billion euros in 2010. Safran is listed on NYSE Euronext Paris and its share is part of the CAC 40.
For more information, www.safran-group.com
Follow @SAFRAN on Twitter

PRESS RELEASE

10.10.2011
The first Microturbo (Safran group) e-APU60 is ready for its in-flight tests

LAS VEGAS, USA – 9th October 2011.

At the NBAA Convention, Microturbo (Safran group) announced that the e-APU60, a new-concept auxiliary power unit specifically designed to meet the demands of new-generation more-electric aircraft, was delivered this summer to its first client, AgustaWestland, for installation on their new-generation AW149 and AW189 helicopters.

The first e-APU60, configured for flight testing, was installed according to schedule. Delivering up to 60 kWe of electrical power, the e-APU60 is capable of covering all the aircraft’s electrical needs throughout the flight envelope.

The main benefits of the e-APU60, which are an excellent power-to-weight ratio and its exceptional compactness, are proving themselves through the testing and certification programmes, which have progressed flawlessly to date. Furthermore, the simplified architecture and the high pressure cycle, both of which are based on the very latest technologies developed by the Safran Group, are setting some new standards in terms of reliability and cost of ownership.

“We are particularly proud to have reached this essential milestone in our programme” said Jean-Baptiste Jarin, Microturbo’s Commercial and Customer Support Vice President.

As expected, certification of the e-APU60 is progressing in accordance with the statutory requirements. EASA certification is scheduled for the end of 2012 and FAA certification for early 2013.

Microturbo, a company of the Safran group, is specialised in the design, development and manufacture of high technologies gas turbines. Based in Toulouse, France, Microturbo is a world leader in the field of propulsion systems and power systems having delivered over 10,000 units.

PRESS RELEASE

11.10.2011
Messier-Bugatti-Dowty selected to supply Global 7000 and Global 8000 aircraft landing gear system

Las Vegas, October 11, 2011 (NBAA Booth N2721)

Messier-Bugatti-Dowty (Safran group) is strengthening its relationship with Bombardier*, having been selected as the landing gear system supplier for the Global 7000* and Global 8000* aircraft. The scope of supply includes the main and nose landing gears, nose wheel steering, landing gear control and indication as well as alternate extension systems.

This is the latest in a long series of integrated landing systems solutions offered by Messier-Bugatti-Dowty. In the late 1990s, the company marked an industry first with the development of the first fully integrated landing gear system for Bombardier’s original Global Express* aircraft.

Messier-Bugatti-Dowty offers a unique experience as an integrated landing system supplier, reducing the interface management effort required by the aircraft manufacturer.

The company is a supplier to Bombardier for its Challenger 300*, Global 5000*, Global 6000* and Learjet 85* business jets.

“As a supplier for Bombardier Aerospace’s business jet portfolio for more than a decade, Messier-Bugatti-Dowty is pleased to continue our collaboration on this prestigious aircraft,” says Gilles Bouctot, COO Messier-Bugatti-Dowty.

* Trademarks of Bombardier Inc. or its subsidiaries.

Messier-Bugatti-Dowty (Safran group), is the world leader in aircraft landing and braking systems. Company capabilities encompass the full life cycle of our products, ranging from design and manufacture to in-service support, repair and overhaul.
Messier-Bugatti-Dowty is a partner to 33 leading commercial, military, business and regional airframers, and supports more than 22,000 aircraft making over 35,000 landings every day. The company employs 6,250 staff working in locations across Europe, North America and Asia.

PRESS RELEASE

11.10.2011
Morpho Announces First European Sale of CTX 5800™ Compact Hold Baggage Explosives Detection System

Brussels – October 11, 2011 - Morpho Detection, Inc., the detection business of Morpho, Safran group’s security unit, today announced the first European sale of its next-generation, compact design, high-performance CT-based explosives detection system (EDS), the CTX 5800™, to Brussels Airport.

Brussels Airport has ordered three CTX 5800s to replace its current CTX 5500™ EDS units that it has employed to help protect its passengers for more than 13 years. Brussels Airport was also the first European customer for the CTX 5500 in 1998. The new units will be integrated into the airport’s baggage handling system.

“The safety of the traveling public is our number one priority and we were pleased to have received from Morpho Detection a competitive offer, meeting our high quality standards, that allowed us to continue our long-standing relationship,” said Wilfried Covent, Head of Security, Brussels Airport. “We are very pleased to be transitioning to these most-advanced CT-based EDS and are enthusiastic about the 5800’s high resolution image quality and user friendly interface.”

“Morpho Detection is pleased Brussels Airport has once again selected the CTX brand for its hold baggage screening needs,” said Brad Buswell, president and CEO, Morpho Detection, Inc. “We are committed to delivering the technologies needed to help meet the security challenges of all airports, regardless of size and passenger volume, and the small footprint CTX 5800 is demonstration of that commitment.”

CTX 5800 can help airports maximize effectiveness and efficiency of their hold baggage screening operations, while planning for evolving threats and future expansion. Using the CTX 5800 can help airport operators drive down operational costs and increase return on investment for security screening infrastructure. All this can add up to a powerful customer service improvement both for tenant airlines and their passengers.

Morpho Detection, Inc., part of Morpho, a business of the Safran group (PAR: SAF), is a leading supplier of explosives and narcotics and chemical, biological, radiological, and nuclear (CBRN) detection systems for government, military, air and ground transportation, first responder, critical infrastructure and other high-risk organizations. Morpho Detection integrates computed tomography (CT), Raman Spectroscopy, trace (ITMS™ technology), X-ray and X-ray Diffraction technologies into solutions that can make security activities more accurate, productive and efficient. With the 2011 acquisition of Syagen Technology, Inc., the Morpho Detection portfolio now includes mass spectrometry products and technology for high-speed molecular analysis for a broad range of chemical analysis applications, ranging from homeland security to pharmaceutical analysis. With industry-leading products such as the Itemiser® DX trace detection system, the CTX line of explosive detection systems (EDS), and the StreetLab® Mobile hand-held chemical and biological substance identification unit, Morpho Detection’s solutions are deployed to help protect people and property the world over.

PRESS RELEASE

12.10.2011
Air Europa CFM56 Fleet Qualifies for TRUEngine™ Status

WEST CHESTER, Ohio - 11 October 2011 - Air Europa has achieved TRUEngine status for 29 CFM56-7B engines powering its fleet of Boeing 737-800 single-aisle aircraft.

“We feel joining the TRUEngine program makes sense for us,” said Alberto Lines, Air Europa Maintenance & Engineering Director. “The TRUEngine program highlights the pedigree of our fleet and, at no cost, provides an added level of comfort to leased aircraft owners, either during leases or at their end.”

“We are pleased to welcome Air Europa to the TRUEngine family,” said Jean-Paul Ebanga, president and CEO of CFM International. “The program is continuing to gain broad acceptance with our airline customers as we refine the program and bring more added value. As a result, nearly 40 percent of the CFM56 commercial fleet in service is TRUEngine qualified.”

The TRUEngine program, which CFM launched in 2008, was developed in response to a growing industry need to better understand engine material content as assets are evaluated and redistributed. TRUEngine qualification ensures CFM’s ability to provide optimized support for the engine, which is a key aspect of the value of the CFM56 engines. Customers with qualified engines are also entitled to additional ownership value through extended new parts warranties and complimentary days access to the CFM spare engine lease pool.

To date, more than 6,100 CFM56 engines in service have been granted TRUEngine status.

Air Europa is Spain’s second largest airline, carrying 10 million passengers in 2010. Committed to the environment and with state-of-the-art technology, Air Europa is recognized as having the highest quality and safety standards. The airline is a full member of the Skyteam Alliance.

CFM is a 50/50 joint venture between Snecma (SAFRAN group) and GE

PRESS RELEASE

12.10.2011
PHI, Inc. selects Sagem Avionics Analysis Ground Station (AGS)

GRAND PRAIRIE, Texas, October 11, 2011

Sagem Avionics (Safran group) today announced that PHI, Inc. has selected it’s AGS for their fleet of helicopters. The AGS is a comprehensive flight operations monitoring system for Flight Operations Quality Assurance (FOQA) applications, processing and analyzing all available data from aircraft recorders and producing user-configurable, customized reports.

The Sagem Avionics AGS will replace the existing PHI system and offers the fastest data processing time, integrated recording across multiple recorder types, integrated reporting in multiple template formats, the most information by origin and destination, higher replay ability and is backed by Sagem Avionics AGS Global Support 24/7. The Sagem AGS also provides extensive engineering features to help reduce operating costs through more efficient and preventative maintenance actions.

“The Sagem AGS enhances the PHI mission of unsurpassed safety, customer satisfaction, and our dedication to continuous improvement,” said Jared Simon, LAMP manager. “Aside from providing PHI with more capable tools, resources, analytics and 24/7 support, the AGS will streamline our FDM program and greatly increase our efficiency. This, in turn, will allow us to provide more safety benefit and increase added-value to our crews and customers. We are very excited to be working with the AGS and the team at Sagem.”

Thierry Derrien, chairman & CEO of Sagem Avionics, stated, “Both PHI and Sagem Avionics are synonymous with safety and reliability. The longevity of the existing PHI fleet is a testament to their commitment to both. We are pleased to partner with PHI and reinforce both our commitments to many more years of combined, continuous safe and reliable service.”

Neither terms nor length of the AGS service agreement are disclosed.

PRESS RELEASE

13.10.2011
Sagem: infrared version of AASM Hammer SBU-54 guided air-to-ground modular weapon enters service with French armed forces

Paris, October 13, 2011

In July, the French air force and Naval aviation began operational deployment of the infrared terminal guidance version (SBU-54) of the Hammer IR AASM modular air-to-ground weapon.

Developed and produced by Sagem (Safran group), with French defense procurement agency DGA acting as program manager, the Hammer AASM is a family of air-to-ground weapons, comprising a guidance kit and range augmentation kit fitted to standard bombs. This makes the AASM a high-precision guided weapon with a range exceeding 60 kilometers.

The AASM IR version features a guidance kit with an infrared imager in the nose cone, along with the standard hybrid GPS / inertial guidance systems.

Following the initial deployment of the Hammer AASM, the French air force and navy carried out the first firing tests of this version of the AASM under combat conditions, all successful.

Adding infrared terminal guidance to the standard hybrid GPS/inertial version of the AASM, the Hammer IR proved to be particularly well suited to precision strikes against targets with uncertain coordinates, offering impact accuracy to within a few meters, even when GPS signals were unavailable. Missions are planned using Sagem’s own SLPRM mission planning and restitution system, already in service with the French air force and Navy.

The AASM has already been deployed in foreign theaters of operation, demonstrating its reliability and accuracy, including for long-range missions. Actual operations have shown that it limits collateral damage, and is able to handle high-value targets, previously reserved to cruise missiles, while also neutralizing enemy air defenses from safe standoff distance.

The GPS / inertial version of the AASM guided weapon, with 250 kg bombs, has been in service with the French air force since 2008, and with the French naval aviation since 2010.

A new version with laser terminal guidance, capable of engaging moving targets, is now completing development. Following qualification by the DGA, it will be delivered to French armed forces in 2012.

Sagem, a high-tech company in the Safran group, holds world or European leadership positions in optronics, avionics, electronics and safety-critical software for both civil and military markets. Sagem is the No. 1 company in Europe and No. 3 worldwide for inertial navigation systems (INS) used in air, land and naval applications. It is also the world leader in helicopter flight controls and the European leader in optronics and tactical UAV systems. Operating across the globe through the Safran group, Sagem and its subsidiaries employ 7,000 people in Europe, Southeast Asia and North America. Sagem is the commercial name of the company Sagem Défense Sécurité.

PRESS RELEASE

19.10.2011
Turbomeca do Brasil (Safran group) signs Makila engine support contract with Brasilian Ministry of Defense

Bordes, 19 October 2011

Turbomeca do Brasil (Safran group) has signed a five year GSP (Global Support Package) contract with the Brazilian Ministry of Defense, to cover the support of 100 Makila 2A gas turbines. The engines power the EC 725, operated by all three Brazilian armed forces and the Presidential transportation group.

The GSP, a maintenance lease based on predicted fleet flight hours, is the first to be signed across the Brazilian armed forces. It demonstrates the confidence of Brazilian military customers in Turbomeca’s capacity to support them, earned over 20 years of experience.

The contract covers initial provisioning, technical support on-site, fleet and pool management and training.

Turbomeca do Brasil: trusted partner of the Brazilian military forces

The Brazilian armed forces have operated Turbomeca engines since 1980. Today, the fleet includes 230 Arriel & Makila engines and, with the delivery of a new EC 725 fleet, is set to grow.

In 2008 Brazil ordered 50 EC 725 helicopters, powered by Makila 2As to be assembled, tested and overhauled at Turbomeca do Brasil, Rio de Janeiro.

Furthermore, in 2010, the Army launched a programme to update the Army’s Pantera fleet with the Arriel 2C2CG.

Opened in 2002, the Turbomeca do Brasil repair centre, based at Xerem, overhauls and repairs all Turbomeca engines operated by the military forces

Turbomeca do Brasil, together with Turbomeca Sud Americana at Montevideo, provides support services for 500 customers operating over 1,400 engines across Latin America.

Turbomeca (Safran group) is the leading helicopter engine manufacturer, and has produced over 68 000 turbines based on its own designs since the company was founded. Offering the widest range of engines in the world and dedicated to 2,350 customers in 155 countries, Turbomeca provides a proximity service thanks to its 16 sites, 26 Maintenance Centers, 24 Repair & Overhaul Centers and 90 Field representatives and Field technicians. Microturbo, the subsidiary of Turbomeca, is the European leader in turbojet engines for missiles, drones and auxiliary power units.
For more information: www.turbomeca.fr and www.safran-group.com

PRESS RELEASE

19.10.2011
Lider Táxi Aéreo and Turbomeca do Brasil (Safran group) signed a SBH® Contract for 52 engines

Bordes, 19 October 2011

Turbomeca do Brasil (Safran group) and Lider Táxi Aéreo signed a SBH® (Support By the Hour) contract covering the 52 Arriel 2 Turbomeca engines operated by the Brazilian customer and flying more than 50,000 hours per year for offshore operations.

The current Lider’s fleet powered by Turbomeca and supported by the SBH® contract includes 24 twin engine aircrafts. The support contract includes the coverage of 52 Turbomeca engines (including the spares) which flies more than 50,000 hours per year in Brazilian offshore operations. Another 14 Arriel 2 engines (seven S76C++ helicopters) may be included in the contract shortly, and also 10 additional Arriel 2 engines (five S76C++ helicopters) are probably coming by the end of 2011. Moreover, a strong fleet growth is expected for coming years.

Lider and Turbomeca: a close relationship

Lider Táxi Aéreo started operations in 1958 with three single engine Cessnas. In 1963 Lider expands its operation to aviation services, becoming the leader in this segment few years later. Lider has also started important alliances with companies like Bell, Allied Signal, Bendix, Rockwell Collins, Honeywell, and Raytheon Aircraft Company. The leadership in helicopter market came in 1997, as a result of a partnership with Bell.

In 2004, Lider Táxi Aéreo started the operation of its first aircraft powered by Turbomeca, with the incorporation of a 10 Sikorsky S76C+ aircraft fleet, dedicated to offshore operations in Brazil.

In the following years, Lider Táxi Aéreo increased its fleet with nine Sikorsky S76C++ helicopters, powered by Turbomeca Arriel 2S2 engines, becoming the leader in Brazilian offshore market.

In 2009, Lider Táxi Aéreo established a strategic alliance with Bristow Group, the biggest civilian helicopter operator worldwide, what allows a fast increase of Lider’s fleet in the offshore operations. Turbomeca do Brasil have been participating actively in this process, supporting Lider Táxi Aéreo operations technically and commercially. During all that time, Lider and Turbomeca experienced a closer relationship and the confidence level needed to move forward. Consequently, a Support by the Hour – SBH contract has been just signed by the two companies.

Turbomeca (Safran group) is the leading helicopter engine manufacturer, and has produced over 68 000 turbines based on its own designs since the company was founded. Offering the widest range of engines in the world and dedicated to 2,350 customers in 155 countries, Turbomeca provides a proximity service thanks to its 16 sites, 26 Maintenance Centers, 24 Repair & Overhaul Centers and 90 Field representatives and Field technicians. Microturbo, the subsidiary of Turbomeca, is the European leader in turbojet engines for missiles, drones and auxiliary power units.
For more information: www.turbomeca.fr and www.safran-group.com

PRESS RELEASE

19.10.2011
New MorphoWay™ design unveiled at Biometrics London 2011

Biometrics London, October 19, 2011

Morpho (Safran group), the world leader in biometric technology, will be launching the new design of MorphoWay™, its automated border control solution, at Biometrics London 2011.

The MorphoWay™ automated e-gates have been redesigned in a modern, transparent, low footprint format to meet the space constraints of border environments. With the fastest doors on the market, these e-gates have integrated document readers that carry out quick, reliable authenticity checks.

Based on Morpho’s advanced biometric recognition technologies (fingerprint and face), MorphoWay™ speeds up passenger screening, reduces queuing time at borders, whilst guaranteeing optimum security.

“The launch of our new MorphoWay design is proof of Morpho’s commitment to developing innovative solutions that meet the security and facilitation challenges facing border authorities”, said Jean-Paul Jainsky, Chairman and Chief Executive Officer of Morpho.

MorphoWay™ will be showcased at Morpho’s booth # 406 from October 19-20.

About Morpho

Morpho, a high-technology company in the Safran group, is one of the world’s leading suppliers of identification, detection and e-document solutions. Morpho is specialized in personal rights and flow management applications, in particular based on biometrics, a sector in which it is the world leader, as well as secure terminals and smart cards. Morpho’s integrated systems and equipment are deployed worldwide and contribute to the safety and security of transportation, data, people and countries.

For more information : www.morpho.com | www.safran-group.com

Follow @MORPHO_NEWS on Twitter

PRESS RELEASE

21.10.2011
Safran reports 5.2% growth in third-quarter and 7.2% for the first 9 months 2011

Full-year 2011 outlook confirmed

All revenue figures in this press release represent Adjusted[1] revenue.

Key numbers for third quarter 2011

• Third quarter 2011 adjusted revenue was Euro 2,728 million, up 5.2% on a reported basis, up 4.2% on an organic basis, compared to third-quarter 2010.
• Increasing growth from Propulsion (civil original equipment and aftermarket) and 2-digit revenue contribution from Security (acquisition-driven).
• Civil aftermarket was up 5.1% in USD terms. CFM56 international spare parts revenue was up 4.3% in USD terms compared to third-quarter 2010 which had been characterised by a strong catch-up effect from second quarter 2010.
• The full-year 2011 outlook is confirmed while absorbing the cost of the employee profit-sharing bonus. The outlook now includes the pro-rata contribution of L-1 Identity Solutions (now MorphoTrust).

Key numbers for nine-month 2011

• Nine-month 2011 adjusted revenue was Euro 8,350 million, up 7.2% on a reported basis, up 6.2% on an organic basis, compared to nine-month 2010.
• Civil aftermarket was up 10.1% in USD terms, within the 10-15% guidance for 2011. CFM56 international spare parts revenue was up 10.1% in 9-month 2011 in USD terms.

Key business highlights for third quarter 2011

• The LEAP engine was selected as the exclusive powerplant for the Boeing 737MAX aircraft family scheduled for first delivery in 2017. This airplane will provide exceptional operating economics and provide customers with unprecedented levels of efficiency and environmental responsibility while maintaining the legacy of aviation’s most reliable product line.
• Safran has renewed its supply relationship with Airbus for the nose and main landing gears of the single aisle program to include the contract award of the A320neo family.
• Safran completed the acquisition of L-1 Identity Solutions (now MorphoTrust), a leading identity management provider in the U.S., for a total cash amount of USD1.09 billion.
• Security: Sept. 28 was the first anniversary of the issuance of the first Unique Identification Number of India’s Aadhaar program. The customer announced 40 million enrolment data, and the issuance of 1 million Unique Identification numbers a day has been proven.
• NYSE Euronext Paris added Safran to the CAC40 index, the change being effective since September 19, 2011.
  
  
  * * *
  
  Paris, October 21, 2011 - Safran (NYSE Euronext Paris: SAF) today reported its revenue for the third quarter of 2011.

Executive commentary

Chairman and CEO Jean-Paul Herteman commented:

“ During the third quarter, trading conditions remained solid with positive aftermarket and original equipment dynamics highlighting the resilience of our business model in an uncertain global economic environment.

The on-going performance of our business is such that our 2011 guidance is confirmed. ”

Third-Quarter 2011 revenue

Solid revenue growth. For the third quarter 2011, Safran’s revenue was Euro 2,728 million, compared to a EUR 2,593 million in the same period a year ago, a 5.2% year-on-year increase. Group revenue increased by 4.2% organically.

Third-quarter 2011 revenue increased by Euro 135 million on a reported basis, highlighting growth in aerospace (civil original equipment and services) and Security (acquisition driven), while Defence revenue was lower in this particular quarter, notably as the result of defence equipment delivery rythms.

On an organic basis, third-quarter 2011 revenue increased by Euro 110 million. Organic revenue was determined by deducting from 2011 figures the contribution of activities acquired in 2010 and 2011 when compared to 2010 scope of consolidation and the contribution of activities newly consolidated in 2011 and by applying constant exchange rates. Hence, the following calculations were applied:

The unfavourable currency impact in revenue of Euro 93 million for third quarter 2011 reflected a global negative translation effect on foreign currency revenues, notably in USD, GBP and CAD$, partially offset by a positive USD transaction impact. The Group’s average spot rate was USD1.41 to the Euro in third-quarter 2011 vs. USD1.29 in the year ago period. The Group’s hedge rate improved to USD1.38 to the Euro in third-quarter 2011 from USD1.44 in the year ago period.

Business commentary for third-quarter 2011

Aerospace Propulsion

OEM CFM56 engine deliveries at 350 units in third-quarter 2011 were up by 56 units compared to a year ago. After a successful Paris air show, total 2011 CFM56 orders now stand at 1,276 engines, representing more than one year of current annual production.

On a third-quarter 2011 basis, service revenue share was down to 47.5% of Aerospace Propulsion revenue as civil aftermarket grew while military and helicopter engines services fell. Worldwide CFM International spare parts revenue was up 4.3% in USD terms compared to third-quarter 2010 which had been characterised by a strong catch-up effect from second quarter 2010. The estimated* total number of shop visits for CFM-equipped civil aircraft increased by 8% to 605 as compared to 559 in third-quarter 2010. [(*) shop visit numbers are estimates; these can be revised marginally in the future as airlines finalise reports].

SME contributed to Euro 53 million in revenue in the third quarter 2011, in line with initial expectations.

Aircraft Equipment

Revenue evolution was primarily attributable to growing activity on the A380 programme in nacelles and wiring systems, continued volume growth in the regional jet segments as well as sustained services activity in braking. This trend was offset by an unfavourable comparison base on the B787 programme, as the single third quarter 2010 had recorded all cumulated shipset sales from 2008 to 2010. The nacelle activity recorded higher deliveries of A380 nacelles (21 units compared to 17 nacelles in the year-ago period) as well as good volume growth in small nacelles for the regional jets. Revenue growth was also impacted by unfavourable currency impact from USD.

On a third-quarter 2011 basis, service revenue was up almost 10% with solid activity in nacelles and braking systems and its share increased from 29.0% to 31.9% of Aerospace Equipment revenue.

Labinal Salisbury contribution in the third quarter 2011 was Euro 19 million.

Defence

Security

L-1 Identity Solutions (MorphoTrust) pro-rata contribution in the third quarter 2011 was Euro 61 million (USD 85 million), in line with initial expectations.

Currency hedges

2011-2013 targeted hedge rates were achieved. The Group has put in place currency hedges for the next 3 years, spanning from 2011 to 2014, and has initiated the hedging for 2015. The portfolio was further increased during the third quarter 2011 and the firm hedging portfolio amounted to USD 14.6 billion as of October 20, 2011.

Taking advantage of recent decrease in the Euro/USD exchange rate, the 2011-2013 targeted hedge rates have now been achieved and improved by a cent each year:

• 2011: new achieved rate of USD1.37 (from USD 1.38)
• 2012: new achieved rate of USD1.33 (from USD 1.34)
• 2013: new achieved rate of USD1.29 (from USD 1.30)
• 2014: new achieved rate of USD1.29 (from USD 1.30), with a target at USD1.28

For 2015, USD1.2 billion hedging was achieved at a rate of USD1.30 to rise to USD 2.5 billion at USD1.29, under certain conditions.

Equity structure

On July 28, 2011, Safran disposed of part of its treasury shares (1.56% of the total equity) contributing to a further increase in the free float and thus increasing the liquidity. The net proceeds of Euro 187 million will be used for general corporate purposes. As of September 30, 2011, Safran held 7,747,365 treasury shares, representing 1.86% of the Group’s equity.

As a result, and combined with a slight reduction in Areva’s stake, the free float increased to 50.3% as of September 30, 2011.

NYSE Euronext Paris added Safran to the CAC40 index, the change being effective since September 19, 2011.

Integration of L-1 Identity Solutions

Safran completed the acquisition of L-1 Identity Solutions on July 26, 2011 to become world leader in biometric identity solutions. L-1 Identity Solutions has been integrated into Safran’s existing security business and renamed MorphoTrust. A new CEO (Robert Eckel) has been appointed and a new organisation is now in place. The integration team confirmed that run rate operating cost synergies are expected to represent approximately USD 30 million per year to be fully realized within 18 to 24 months after closing. Transaction and restructuring costs of approximately USD 65 million will be recorded, of which USD 40 million in 2011 (accounted for as one-off items in operating income). The remaining portion will be accounted for in 2012.

MorphoTrust is now 100% consolidated by Safran since July 26, 2011 and reported into financial reporting as part of the security activity. As a result of a preliminary review, MorphoTrust should contribute to an estimated USD 200-210 million in revenue and USD 30-35 million in EBITDA for the period from July 26, 2011 to December 31, 2011, in line with previous expectations. After depreciation and amoritzation, the contribution in recurring operating income should be around USD 8 million.

Profit-sharing bonus for employees

In this context, the Group is finalising a structure which would offer employees at French entities who would receive the bonus as well as to all other employees, the opportunity to acquire Safran treasury shares, notably through a dedicated leveraged fund.   The global impact in 2011 recurring operating income would be around Euro (25) million.

2011 Outlook

• Revenue expected to increase at a rate in the mid to high single digits at an estimated average spot rate of USD 1.39 to the Euro.
• The increase in recurring operating income should be comfortably in the upper twenties at a hedge rate of USD 1.37 to the Euro.
• Free cash flow expected to represent about a third of the recurring operating income taking into account the expected increase in working capital requirements and R&D investments.

Assumptions supporting this outlook are otherwise unchanged.

Upcoming events

• Capital Market Day 2011 : December 13, 2011
• FY 2011 results : February 23, 2012
• AGM : May 31, 2012
  
  
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  Safran will host today a conference call open to analysts at 8:30 am which can be accessed at +33 1 70 77 09 46 from France and +44 203 367 9459 from the UK. A replay will be available for 3 months at +33 1 72 00 15 00, +44 203 367 9460 and +1 877 642 3018 (access code 274475#).

The press release and presentation are available on the website at www.safran-group.com.

Key Figures

Notes

[1]Adjusted Data To reflect the Group’s actual economic performance and enable it to be monitored and benchmarked against competitors, Safran prepares an adjusted income statement alongside its consolidated financial statements.

Particularly, Safran recognizes, all changes in the fair value of its foreign currency derivatives in “financial income (loss)”, in accordance with the provisions of IAS 39 applicable to transactions not qualifying for hedge accounting.

Accordingly, Safran’s consolidated income statement is adjusted for the impact in financial income (loss) of the mark-to-market of foreign currency derivatives, in order to better reflect the economic substance of the Group’s overall foreign currency risk hedging strategy:

• revenue net of purchases denominated in foreign currencies is measured using the effective hedging rate, i.e., including the costs of the hedging strategy;
• the recognition of the mark-to market of unsettled hedging instruments at the closing date is neutralized.

Third-quarter 2011 and nine-month 2011 reconciliation between consolidated revenue and adjusted revenue.

PRESS RELEASE

26.10.2011
Morpho to provide long term SmartGate Services for Australian Customs and Border Protection Service

Paris, October 26, 2011

Morpho (Safran group) announced today that it has signed a five year agreement with the Australian Customs and Border Protection Service to maintain their automated border clearance system, known as “SmartGate”.

This important phase strengthens the long term partnership between the Australian Customs and Border Protection Service and Morpho. This partnership is focused on automation of border clearance processing and is representative of Morpho’s increased focus on service based solutions.

SmartGate carries out biometric identification of eligible ePassport holders. Travellers are identified in real-time using facial recognition technology, and that image is then compared to the digital image stored in the chip of their electronic passport. The system has been recognised as a key tool for Australian Customs and Border Protection Service as it not only simplifies the control process but it does so without compromising border security.

“Moving to the new services model is part of Customs and Border Protection’s long term plan and strategy for the delivery of cost effective and highly secure border processing. The maintenance and enhancement of proven services such as SmartGate, provide Customs and Border Protection with necessary capability and capacity to cope with growing passenger numbers through Australian airports and to streamline the travel of legitimate passengers” said Robyn Miller, National Manager – Business Capability Branch from Australian Customs and Border Protection Service.

“The implementation of SmartGate has been received very positively and we are proud that the Australian Customs and Border Protection Service is continuing the partnership with Morpho to service this important facility,” said Tim Ferris, General Manager of Sales for Morpho’s local subsidiary, Morpho Australasia.

About Morpho
Morpho, a high-technology company in the Safran group, is one of the world’s leading suppliers of identification, detection and e-document solutions. Morpho is specialized in personal rights and flow management applications, in particular based on biometrics, a sector in which it is the world leader, as well as secure terminals and smart cards. Morpho’s integrated systems and equipment are deployed worldwide and contribute to the safety and security of transportation, data, people and countries.

PRESS RELEASE

21.10.2011
Opening of the new Turbomeca (Safran group) site in Mantes-Buchelay

Buchelay, 21st October 2011

Marc Ventre, Deputy Chief Operating Officer of Safran group and Dominique Braye, President of the Camy urban community (Communauté d’agglomération de Mantes en Yvelines), today opened the new Turbomeca Mantes-Buchelay site (near Paris) in the presence of Olivier Andriès, Turbomeca Chief Executive Officer and Paul Martinez, Mayor of Buchelay and Vice-President of Camy. This site implements industrial synergies between Safran Group companies in the field of high-precision mechanics.

The new Turbomeca Mantes-Buchelay site is dedicated to Safran group’s precision mechanics activities, those of Turbomeca and Hispano-Suiza, previously based in Mézières-sur-Seine (home to Turbomeca since 1938) and Colombes respectively.

This modern site will house the design, manufacture and assembly of hydromechanical components and accessories of the oil and fuel systems for helicopter engines, as well as the manufacture of hydromechanical components for military aircraft engines (M53/Mirage, M88/Rafale).

Marc Ventre, Deputy Chief Operating Officer of Safran group, stated during the ceremony, "Today Safran personnel benefit from a modern site, thus improving industrial efficiency and maintaining competitiveness in high-technology industrial activities in the Paris region. This new site provides stable and secure local employment in terms of rare specialties and competences. It also incorporates all the functions of an industrial competence center, in particular the design office, bringing innovation and development closer to production.”

Camy President Dominique Braye said, “Turbomeca’s arrival is an unparalleled opportunity for development in Mantes en Yvelines. Camy wishes to benefit from the presence of such a major player in cutting-edge technology to firmly root economic change in the area. The synergy between employment and training will grow from strength to strength thanks to the future university technology center and the training already in place in mechatronics, high-technology as well as green activities.”

The 12,392 m2 building houses 320 people. It was designed in accordance with the Low Energy Consumption Building (Bâtiment Basse Consommation) initiative and meets the High Environmental Quality (Haute Qualité Environnementale) building criteria.

Turbomeca (Safran group) is the leading helicopter engine manufacturer, and has produced over 68 000 turbines based on its own designs since the company was founded. Offering the widest range of engines in the world and dedicated to 2,350 customers in 155 countries, Turbomeca provides a proximity service thanks to its 16 sites, 26 Maintenance Centers, 24 Repair & Overhaul Centers and 90 Field representatives and Field technicians. Microturbo, the subsidiary of Turbomeca, is the European leader in turbojet engines for missiles, drones and auxiliary power units.

PRESS RELEASE

28.10.2011
United States Army to receive Turbomeca’s 10,000th Arriel Production Engine

Dallas, 27 October 2011

Turbomeca (Safran group) is proud to deliver its 10,000th Arriel production engine, which will power a United States Army UH-72A Lakota helicopter. During a ceremony at the Turbomeca USA site today, Olivier Andriès, Turbomeca Chairman & CEO and Russ Spray, Turbomeca USA President & CEO, presented the United States Army a commemorative plaque to mark this event. Accepting on behalf of United States Army was Mr. Randy Harkins, PEO Aviation Chief of Staff and Lieutenant Colonel David Bristol, UH-72A Lakota Program Manager.

Emblematic Arriel operator
EADS North America was awarded the United States Army’s Light Utility Helicopter contract in 2006 for 345 UH-72A Lakota twin-engine helicopters powered by Turbomeca’s Arriel 1E2. Today, 454 Arriel 1E2 engines have been delivered on schedule for the U.S. Army’s UH-72A Lakota. The U.S. Navy has purchased five additional Lakotas for their Test Pilot School.

“I am honored that our 10,000th Arriel engine will power the U.S. Army Lakota helicopter. This engine is produced at our Grand Prairie, Texas facility with manufacturing of some key components from Turbomeca Manufacturing in Monroe, North Carolina. We thank the U.S. Army who put their confidence in the Arriel engine for their demanding missions. Contributing to their complete satisfaction is always our top priority.” says Olivier Andriès.

"I am extremely proud of the Light Utility Helicopter team, and I congratulate them on this important milestone," said Maj. Gen. Tim Crosby, Program Executive Officer for Army Aviation. "Your dedication to excellence has supported our nation’s homeland defense and security and has provided our Army and National Guard units with a very capable light utility helicopter — all on cost and on schedule."

All 700 UH-72A engines are produced and tested at the Turbomeca USA facility located in Grand Prairie, Texas. Russ Spray said that “The fact that Turbomeca USA engines power several United States government helicopter platforms attests to the power and reliability of our engines. In addition to the US Army, the Department of Homeland Security is also our customer, as the Arriel engine powers the U.S. Coast Guard’s HH-65C and MH-65D helicopters.”

Arriel: 10,000 engines, 32 million hours flight
With over 60% global market share in its power segment (from 700 to 950 shp), today, the Arriel is the engine of choice of 1,300 customers in 110 countries. Since 1977, the Arriel engine has been significantly contributing to the helicopter industry. Amongst them: the Eurocopter Ecureuil, Dauphin, EC130, EC145 and EC155, the Sikorsky S-76 and the Agusta A109 K2, as well as the AVIC AC312 and AC311.

The Arriel has proven its reliability in a wide variety of demanding missions, including EMS, SAR, utility and offshore operations, powering the most famous names in the worldwide helicopter manufacturing industry.

Turbomeca continues development of the Arriel family with new technology and has introduced the new Arriel 2+ engine offering lower operating cost and higher reliability and performance.

The Arriel engine logged world records in altitude and speed. Amongst them, the first landing on the top of the world (Mount Everest, 8,850 m / 29,035 ft) in 2005.

Turbomeca (Safran group) is the leading helicopter engine manufacturer, and has produced over 68 000 turbines based on its own designs since the company was founded. Offering the widest range of engines in the world and dedicated to 2,350 customers in 155 countries, Turbomeca provides a proximity service thanks to its 16 sites, 26 Maintenance Centers, 24 Repair & Overhaul Centers and 90 Field representatives and Field technicians. Microturbo, the subsidiary of Turbomeca, is the European leader in turbojet engines for missiles, drones and auxiliary power units.

PRESS RELEASE

03.11.2011
Morpho Delivers Millionth Biometric Device

Paris, November 3, 2011

Morpho (Safran group), the world leader in biometric technology, has delivered its millionth biometric device to STJ Electronics Pvt. Ltd., an Indian company specialized in attendance and access management solutions.

Morpho’s Millionth Biometric Device Trophy was awarded to Mr Binoj Cherian, Director of STJ Electronics Pvt. Ltd. by François Perrachon, Senior VP, Sales Development at Morpho, during a ceremony which took place at Biometrics London on October 19.

Morpho provides a wide range of ergonomic biometric devices for access control, attendance management and payment applications. The company’s fingerprint recognition algorithms have been ranked number one for accuracy and interoperability by the National Institute of Standards & Technology (NIST). Morpho is also a pioneer in multimodal biometric devices that combine fingerprint and vein pattern recognition to deliver unrivalled levels of security, accuracy and performance.

About Morpho

Morpho, a high-technology company in the Safran group, is one of the world’s leading suppliers of identification, detection and e-document solutions. Morpho is specialized in personal rights and flow management applications, in particular based on biometrics, a sector in which it is the world leader, as well as secure terminals and smart cards. Morpho’s integrated systems and equipment are deployed worldwide and contribute to the safety and security of transportation, data, people and countries.

For more information : www.morpho.com | www.safran-group.com

Follow @MORPHO_NEWS on Twitter

PRESS RELEASE

07.11.2011
Morpho receives Certificate of Approval in India for MorphoTop™

New Delhi, November 7, 2011

MorphoTop™, Morpho’s latest fingerprint image capture terminal has been officially certified for India’s unique identification (UID) program. The 3-year Certificate of Approval was issued by the Standardization, Testing and Quality Certification (STQC) Directorate for Government of India’s Department of Information Technology (DIT) and the UIDAI (Unique Identification Authority of India). The terminal has successfully passed all the required stringent tests and trials, confirming that it offers highest-level image quality for capturing fingerprints in less than 2 seconds.

This achievement positions Morpho (Safran group) as a trusted end-to-end provider of world-class hardware and software solutions in the Aadhaar program. Aadhaar is the world’s largest biometric project designed to secure the identity of 1.2 billion residents of India.

Jean-Paul Jainsky, Chairman and Chief Executive Officer of Morpho says, “This certification is a significant milestone which strengthens our presence as the world’s leading biometrics solution and service provider. We are pleased to be pursuing our association with a project as ambitious and game-changing as Aadhaar. I am confident that this certification will help us offer the best technical solutions and contribute positively to this pioneering project.”

Morpho is involved in the Aadhaar project at several levels. In addition to providing high quality biometric acquisition and verification terminals, the company acts as an enrolment agency through its subsidiary Smart Chip and supplies the multi-biometric de-duplication system of UIDAI’s central database.

About Morpho

Morpho, a high-technology company in the Safran group, is one of the world’s leading suppliers of identification, detection and e-document solutions. Morpho is specialized in personal rights and flow management applications, in particular based on biometrics, a sector in which it is the world leader, as well as secure terminals and smart cards. Morpho’s integrated systems and equipment are deployed worldwide and contribute to the safety and security of transportation, data, people and countries.

For more information : www.morpho.com | www.safran-group.com

Follow @MORPHO_NEWS on Twitter

PRESS RELEASE

09.11.2011
Lao Airlines Takes Delivery of First CFM56-5B-powered Airbus A320 Aircraft

VIENTIANE, Laos - 8 November 2011

Lao Airlines, the national carrier of the Lao People’s Democratic Republic, launched a new era in its history today, taking delivery of the first of two new CFM56-5B-powered Airbus A320 aircraft. The airline plans to use the new aircraft primarily on international services to Singapore, Bangkok, Hanoi, and Hong Kong.

“With the arrival of the A320, we are moving into a new phase of our development,” said Dr. Somphone Douangdara, president of Lao Airlines. “We can now offer our passengers faster, more comfortable option with the inherent reliability that comes from operating the CFM56 product line.”

"We are honored to welcome Lao Airlines to the CFM family of customers,” said Jean-Paul Ebanga, president and CEO of CFM International. “It is highly gratifying when an airline places such trust in your products and we intend to continue to earn that trust every day of what we hope will be a very long relationship between our two companies.”

Lao Airlines was founded in 1976 and was formed through the merger of Royal Air Lao and Lao Air Lines. The airline began operations with a mix of Western aircraft and helicopters but began upgrading to new turboprop aircraft in the mid-to-late 1990s to service its daily flight to China, Vietnam, Thailand and Cambodia. Today the Lao Airlines network extends to six international destinations and six locations within the Lao PDR. New routes are planned for the future, including within the CLMV economic zone of Cambodia, Lao PDR, Myanmar and Vietnam, China as well as to Hong Kong and Singapore.

The high reliability, long on-wing life, and low maintenance costs of the CFM56-5B engine make it extremely popular with major airlines, low-cost carriers, and leasing companies worldwide. By selecting the CFM56-5B, Lao Airlines is taking significant steps in reducing its operating costs. Over the engine’s life cycle, the current engine configuration will provide the airline better specific fuel consumption, which translates to better fuel burn and, as a result, lower CO2 emissions. The engine also meets the new International Civil Aviation Organisation (ICAO) Committee of Aviation Environmental Protection standards (CAEP/6) that took effect in early 2008.

CFM56-5B engines are a product of CFM International, a 50/50 joint venture between Snecma (Safran group) and GE. CFM, the world’s leading supplier of commercial aircraft engines, has delivered nearly 23,000 engines to date and the fleet has achieved more than 550 million flight hours as the most reliable engines in the air.

PRESS RELEASE

14.11.2011
Safran selected by Embraer to supply the electrical power distribution system and electrical integration for the KC-390

Colombes, November 14, 2011

Brazilian aircraft manufacturer Embraer has selected Hispano-Suiza (Safran group) to supply the electrical power distribution system, as well as the complete aircraft electrical power system integration for its upcoming KC-390 military transport and aerial refueling jet.

Hispano-Suiza will supply:

• the Primary Electrical Power Distribution System (PEPDS): the PEPDS gathers the electrical power from various sources (engine’s gear box main generators, auxiliary generator, emergency generator, main batteries, and external power carts), protects the aircraft systems and supplies the electrical power network;
• the Secondary Power Distribution System (SPDS), which distributes the electrical power to aircraft equipments;
• The complete aircraft Electrical Power System (EPS) integration, covering generation, conversion, primary and secondary distribution and Emergency Electrical Power Generation System (EEPGS) for the KC-390.

“This new supply contract with Hispano-Suiza reinforces the good relationship between the companies. We are confident that this partnership will support Embraer’s commitment to deliver a best-in-class military airlifter and tanker jet, which will offer the flexibility and robustness to operate under a broad range of harsh conditions,” said Eduardo Bonini Santos Pinto, Sr. Vice President Operations and COO, Embraer Defense and Security.

“We are delighted about this new selection from Embraer, which strengthens our partnership as main aircraft electrical systems provider on this program,” stated Olivier Horaist, Hispano-Suiza Chairman and CEO.

Gérald Farrenc, Safran Senior Vice President Brazil Programs, added: “This selection is the Safran’s third collaboration for the KC-390 program, after having been chosen to supply key landing systems and the Emergency Electrical Power Generation System (EEPGS).This new contract widens our partnership with Embraer and greatly reinforces Safran’s positioning in aircraft electrical systems.”

The KC-390 is a twin-turbofan powered medium-weight transport jet that can be refueled in flight and can be used for in-flight or on-ground refueling of other aircraft.

Embraer S.A. (NYSE: ERJ; BM&FBOVESPA: EMBR3) is the world’s largest manufacturer of commercial jets up to 120 seats, and one of Brazil’s leading exporters. Embraer’s headquarters are located in São José dos Campos, São Paulo, and it has offices, industrial operations and customer service facilities in Brazil, China, France, Portugal, Singapore, and the U.S. Founded in 1969, the Company designs, develops, manufactures and sells aircraft and systems for the commercial aviation, executive aviation, and defense and security segments. It also provides after sales support and services to customers worldwide. On September 30, 2011, Embraer had a workforce of 17,204 employees – not counting the employees of its partially owned subsidiaries – and its firm order backlog totaled USD 16 billion.
For more information, visit www.embraer.com.

PRESS RELEASE

14.11.2011
MBM Aeronautics chooses Sagem’s Cassiopée flight data management service for Gulf Cooperation Council countries

Dubai Air Show, November 14, 2011

Sagem (Safran group) on November 13 signed a contract with MBM Aeronautics, a company based in the United Arab Emirates, concerning the promotion and distribution of its new Cassiopée Exclusive service to operators and owners of business airplanes and helicopters in Gulf Cooperation Council countries (Saudi Arabia, Bahrain, United Arab Emirates, Kuwait, Oman and Qatar).

Cassiopée Exclusive runs on iPad and offers innovative and user-friendly services for the management of business airplane and helicopter flight data. It covers an array of ground and flight operating aid services for business aircraft fleets. The Cassiopée offering comprises five service modules:

• Flight Safety & Risk Management
• Maintenance Performance
• Flight operations
• Airline Organization
• Cost Savings.

The contract was signed by HRH Sheikh Mohammed Bin Maktoum Bin Juma Al Maktoum, Chairman of MBM Aeronautics, HH Sheikh Ahmed Bin Dalmook Bin Juma Al Maktoum, second chaiman of MBM Aeronautics, and Philippe Petitcolin, Chairman and CEO of Sagem, in a ceremony also attended by Jean-Paul Herteman, Chairman and CEO of Safran.

First unveiled at the 2011 Paris Air Show, Sagem’s Cassiopée service addresses all types of airlines and operators (major, cargo, regional, low-cost, etc.), plus aircraft owners and leasing companies, aircraft and equipment manufacturers, service centers and insurance firms.

Tailored to the specific requirements of each operator, Cassiopée is designed to support the new business models implemented by airlines and operators, designed to enhance risk management, reduce operating costs (MRO, fuel, etc.) and improve environmental protection (CO2 emissions).

"Through this contract with MBM Aeronautics, a major UAE operator, Sagem can meet the needs of users operating more than 650 business planes and helicopters in GCC countries," said Philippe Petitcolin, Chairman and CEO of Sagem. "MBM Aeronautics’ selection of our service confirms the expertise of Sagem in the critical area of aviation risk management and safety services."

This latest business win follows the first selection of Sagem’s innovative new service by the Chinese civil aviation safety technology center last June.

The Cassiopée service builds on more than 20 years of experience acquired by Sagem in the management and processing of flight data, including its AGS (Analysis Ground Station) flight data analysis system, and in-depth knowledge of the requirements of some 160 airline customers.

PRESS RELEASE

14.11.2011
Lufthansa German Airlines Selects CFM56-5B Engines to Power New A320 Aircraft

DUBAI, U.A.E. – 14 November 2011 – Deutsche Lufthansa and CFM International today announced the selection of the CFM56-5B to power four new Airbus A320 aircraft in a firm engine order valued at approximately $60 million U.S. at list price. The aircraft order was announced in September of this year and the airline will take delivery in 2012 and 2013.

Lufthansa, which is part of the Lufthansa Aviation Group, currently operates a fleet of 80 CFM-powered Airbus A319/A320/A321 and 26 long-range, four-engine A340-300 aircraft. In addition, Lufthansa operates 63 CFM56-powered Boeing 737 Classics thus totaling some 390 CFM engines in their operational fleet. Including the other Group members Germanwings, British Midland, Austrian, and Swiss, the number of CFM56 engines operated in the Group totals more than 650.

Since its foundation, Lufthansa has been a driving force behind commercial aviation. In recent years, the airline has been one of the industry’s strongest proponents of "green" technology that reduces the impact of aviation on the environment, particularly noise and emissions.

All of Lufthansa’s new engines will be the CFM56-5B Performance Improvement Package (PIP) configuration. The -5B PIP completed extensive ground testing and more than 26 hours of flight testing on the A320. The engine, which is the new production configuration for the CFM56-5B, entered service earlier this month.

The improvements, which provide a 0.5% improvement in fuel burn, include hardware changes to the core, including new high-pressure turbine blade, as well as manufacturing changes the fan and compressor blades and vanes to improve performance retention. The engine will maintain the same noise signature as the current production engine. These engines also meet current International Civil Aviation Organisation (ICAO) Committee of Aviation Environmental Protection standards (CAEP /6) requirements.

CFM56-5B engines are a product of CFM International, a 50/50 joint company between Snecma (Safran group) and GE. CFM, the world’s leading supplier of commercial aircraft engines, has delivered nearly 23,000 engines to date. The CFM56-5B engine powers every model of the Airbus A320 family and has been chosen to power nearly 60 percent of all A320 aircraft in service or on order.

PRESS RELEASE

14.11.2011
Safran invests in National Disability Employment Awareness Week "Nothing could be more normal"

Paris, November 14, 2011

Safran is fully committed to the 15th National Disability Employment Awareness Week in France, from November 14 to 20. Along with Agefiph, the French fund management association for the employment of disabled persons, it is launching a major in-house poster campaign, with the tagline, "We are 1,579 disabled workers at Safran, and nothing could be more normal!" This campaign, which spotlights several of the Group’s disabled employees, will be deployed at all Safran companies.

In addition to this poster campaign, Safran is also organizing several special events this year to raise the awareness of employees about including disabled persons in the workplace: the start of work to enhance accessibility at a production plant; sign language workshops; testimonials by disabled athletes supported by Group companies; plays, exhibitions, roundtable discussions, workshops to raise managers’ awareness, a quiz, etc.

Safran will also participate in various operations to encourage the employment of disabled persons, such as the Jobs Forum organized by ADAPT (Association for the Social and Professional Integration of Disabled Persons) on November 16, and the Job Studio organized by Agefiph on November 15 in Paris and on November 16 in Grenoble. Safran will contribute to another Agefiph initiative, "A day, a profession," in which disabled job-seekers are welcomed for a day to get a close-up look at professions in the workplace, and also discover the companies in the Safran group.

The Safran group has been especially mobilized since 2006 to support the integration and employment of disabled persons via associations such as Tremplin, ADAPT, etc. Through the Safran Foundation for Inclusion, the Group conducts the Elan project, enabling the Group to welcome disabled persons under apprenticeship or vocational work experience contracts. From 2006 to 2011, Safran welcomed more than 120 persons through this project.

Safran is also a partner in the Salto project, which aims to offer work-study positions in industry to disabled persons. Furthermore, it is a founding member of the Hanvol association, initiated by French aerospace industry trade association Gifas, which supports the integration, training and employment of disabled persons in the aerospace sector. In May 2010, Safran signed an agreement with Agefiph, and is currently negotiating a Group-wide agreement for the employment of disabled persons.

Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Safran group has more than 54,000 employees and generated sales of 10.8 billion euros in 2010. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.2 billion euros in 2010. Safran is listed on NYSE Euronext Paris and its share is part of the CAC 40.

For more information, www.safran-group.com
Follow @SAFRAN on Twitter

PRESS RELEASE

15.11.2011
Safran and Honeywell Commence Electric Green Taxiing System Testing

Dubai, November 15, 2011

Honeywell (NYSE:HON) and Safran (NYSE Euronext Paris: SAF) have commenced the first rolling tests for their electric green taxiing system.

The electric green taxiing system is designed to significantly improve airline operational efficiency and provide environmental benefits by slashing the carbon and other emissions created during runway taxi operations.

Using the Auxiliary Power Unit (APU) generator to power motors in the main wheels, the system allows aircraft to taxi without requiring the use of aircraft engines. Each of the aircraft’s powered wheels is equipped with an electromechanical actuator, while unique power electronics and system controllers give pilots total control of the aircraft’s speed, direction and braking during taxi operations.

The expected benefits of this system include: -* Lower Fuel Burn – As taxi operations burn a significant amount of fuel— as much as five million tons of fuel per year for short-haul aircraft — the electric green taxiing system can result in savings of up to 4% of total block fuel consumption.

• Improved On Time Performance – Aircraft equipped with the system will be able to “pushback and go” more quickly, thus reducing both gate and tarmac congestion, improving on-time departure performance and saving valuable time on the ground.
• Greener Operation – The electric green taxiing system greatly reduces engine emissions, resulting in lower carbon taxes.
• Added Value – System operation eliminates the need for aircraft pushback and aircraft repositioning via tug tractor while also reducing brake wear, extending main engine life, enhancing ground crew safety, and reducing noise in the airport environment.

The initiative was first announced at the Paris Airshow in June 2011, where Honeywell and Safran signed a memorandum of understanding to create a joint venture company to deliver innovative new electric green taxiing system solutions for new and existing aircraft.

Yves Leclère, Safran Executive Vice President, Transformation said, “Safran’s extensive experience in integrated landing gear systems combined with Honeywell’s avionics and APU breadth is an ideal match for rapidly bringing to market an innovative solution which makes business and environmental sense for both airlines and airports.”

This initial series of tests, to be undertaken in Montpellier, France, on a recently acquired A320, will serve to evaluate runway conditions and calculate the necessary loads needed for moving the aircraft on ground. The team is currently focused on prototyping and component level testing, prior to targeted system installation and ground testing in 2013.

“Reducing fuel costs and maximizing operational efficiency are top priorities for our customers”, said John Bolton, President, Honeywell’s Air Transport and Regional business. “The start of the electric green taxi testing takes us one step closer to bringing this technology to market, and ultimately to helping to save our customers several hundred thousand dollars per aircraft per year.”

The system is particularly attractive for airlines that operate high cycle single aisle aircraft. Honeywell and Safran are targeting to offer the electric green taxiing system either on new aircraft or as a retrofit solution to in-service aircraft as early as 2016.

About Honeywell _ Honeywell’s aerospace business is a leading global provider of integrated avionics, engines, systems and service solutions for aircraft manufacturers, airlines, business and general aviation, military, space and airport operations. Honeywell (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell’s shares are traded on the New York, London, and Chicago Stock Exchanges. For more news and information on Honeywell, please visit www.honeywellnow.com.

PRESS RELEASE

15.11.2011
Air Namibia Selects CFM56-5B Engines to Power New A319 Aircraft

DUBAI, U.A.E. – 15 November 2011

Air Namibia, the national airline of Namibia, today announced that it has selected CFM International’s CFM56-5B engine to power two new Airbus A319 aircraft.

img10221|center> The airline signed a Memorandum of Understanding with Airbus in October 2011 and, pending finalization of that contract, the aircraft will be delivered in 2012. The engine order is valued at approximately $40 million U.S. at list price.

Air Namibia has been operating CFM-powered aircraft since the early 1990s and operates a fleet of four CFM-powered Airbus A319 and Boeing 737-500 single-aisle aircraft, as well as two long-range, four-engine Airbus A340-300 aircraft. The airline, which recently began implementing a new business plan that seeks to achieve profitability in five years’ time, operates scheduled domestic, regional, and international passenger and cargo services to more than 30 destinations throughout Africa and select destinations in Europe.

All of Air Namibia’s new engines will be the CFM56-5B Performance Improvement Package (PIP) configuration. The -5B PIP completed extensive ground testing and more than 26 hours of flight testing on the A320. The engine, which is the new production configuration for the CFM56-5B, entered service earlier this month.

The improvements, which provide a 0.5% improvement in fuel burn, include hardware changes to the core, including new high-pressure turbine blade, as well as manufacturing changes the fan and compressor blades and vanes to improve performance retention. The engine will maintain the same noise signature as the current production engine. These engines also meet current International Civil Aviation Organisation (ICAO) Committee of Aviation Environmental Protection standards (CAEP /6) requirements.

CFM56-5B engines are a product of CFM International, a 50/50 joint company between Snecma (Safran group) and GE. CFM, the world’s leading supplier of commercial aircraft engines, has delivered nearly 23,000 engines to date. The CFM56-5B engine powers every model of the Airbus A320 family and has been chosen to power nearly 60 percent of all A320 aircraft in service or on order.

PRESS RELEASE

15.11.2011
LAN Airlines Takes Delivery of First CFM56-5B PIP-powered A319

DUBAI, U.A.E.– 13 November 2011–

Chilean flag carrier LAN Airlines has taken delivery of its first Airbus A319 to be powered by CFM International’s CFM56-5B PIP (Performance Improvement Program) engine. The PIP is the new production configuration for all CFM56-5B engines.

In 2010, LAN placed the single largest engine order in the company’s history, choosing the CFM56-5B engine to power 70 new Airbus A319/A320/A321 aircraft for delivery beginning this year. To date, the airline has received five of the new CFM-powered A320s and will have 10 aircraft in service by year-end 2011

"These new engines reflect our deep commitment to protecting the environment and our continuous efforts to reduce fuel consumption,” said Roberto Alvo, senior vice president of Strategic Planning & Corporate Development for LAN. “We are pleased to be the first airline to operate the new CFM56-5B PIP engine. CFM has a long tradition of continually investing in its products and we look forward to reaping the benefits of that investment."

LAN became a CFM operator in 2000 with the delivery of its first CFM56-5C-powered Airbus A340-300 long-range four-engine airplane. The airline currently operates five A340s.

"LAN is one of the top airlines in the world and we consider it an honor and a privilege to be a part of this industry leading team." said Jean-Paul Ebanga, president and CEO of CFM International. “We are excited to bring the new CFM56-5B PIP technology to our customers and pleased to be working closely with LAN Airlines on introducing it into their A320 family fleet.”

The improvements to the engine, which provide a 0.5% improvement in fuel burn, include hardware changes to the core, including new high-pressure turbine blade, as well as manufacturing changes the fan and compressor blades and vanes to improve performance retention. The engine also features fewer parts to help lower maintenance costs.

The CFM56-5B PIP engine maintains the same noise signature as the previous production model and also meets current International Civil Aviation Organisation (ICAO) Committee of Aviation Environmental Protection standards (CAEP /6) requirements.

LAN Airlines was formed in 1929 as a domestic Chilean carrier. Today, the airline in conjunction with its affiliates is one of the leading passenger and cargo airlines in Latin America and serves over 70 destinations throughout Latin America, the United States, the Caribbean, Europe, and the South Pacific.

CFM56-5B engines are a product of CFM International, a 50/50 joint company between Snecma (Safran group) and GE. CFM, the world’s leading supplier of commercial aircraft engines, has delivered nearly 23,000 engines to date. The CFM56-5B engine powers every model of the Airbus A320 family and has been chosen to power nearly 60 percent of all A320 aircraft in service or on order.

CFM International is a 50/50 joint company between Snecma (Safran group) and GE.

About LAN
LAN Airlines is one of the leading passenger and cargo airlines in Latin America. The company and its affiliates serve over 70 destinations around the world through an extensive network that offers full connectivity within Latin America, while also linking the region with North America, Europe and the South Pacific, as well as 70 additional international destinations through its various alliances. LAN Airlines and its affiliates have a leading position in their respective domestic markets of Chile and Peru as well as an important presence in the Argentinean and Ecuadorian domestic markets. Furthermore, in November 2010, LAN acquired Colombian airline AIRES.

Currently, LAN Airlines and its affiliates operate one of the most modern fleets in the world, with 125 passenger aircraft and its cargo subsidiary, LAN CARGO and its respective cargo affiliates, have a fleet of 14 dedicated freighters. The Company has one of the youngest fleets in the world, which has meant greater efficiency and a significant reduction in CO2 emissions, reflecting its strong commitment to environmental protection.

LAN is one of the few Investment Grade airlines in the world (BBB). The company’s world class quality standards enabled its membership in oneworld™, the global alliance which LAN has been a member of for over 10 years that encompasses the best airlines in the world.

PRESS RELEASE

15.11.2011
Garuda Indonesia Selects CFM56-5B Engines to Power New Standard A320 Fleet

DUBAI, U.A.E. – 13 November 2011

Garuda Indonesia today announced that it has selected CFM International’s CFM56-5B engines to power 15 standard Airbus A320 aircraft the airline ordered earlier this year. The airplanes, which will be operated by Citilink, Garuda’s low-cost branch, are scheduled to begin delivery in 2014. The firm engine order is valued at approximately $270 million U.S. at list price.

“We have been very happy with the reliability and low cost of ownership that our other CFM56 engines have provided over the years,” said Emirsyah Satar, president and CEO of Garuda Indonesia. “We are looking forward to welcoming the CFM56-5B to that portfolio. We think that the CFM56-5B-powered Airbus A320 will allow Citilink to realize its full potential in the fast-growing budget market in Indonesia.”

Garuda Indonesia is a long-time CFM customer and began operating the CFM56-3-powered Boeing 737-300 in the late 1990s. Today, the airline’s fleet includes approximately 75 CFM-powered 737 aircraft in service or on order. This is Garuda’s first order for CFM-powered Airbus A320 family aircraft.

“It is an honor to welcome an old friend as a ‘new’ customer,” said Jean-Paul Ebanga, president and CEO of CFM International. “The engine designation may be different, but the reliability, fuel efficiency, low maintenance costs, and world class support will be very familiar. In the CFM56-5B, Garuda will find the same CFM that they have trusted for decades in the past and can have full confidence that it will be the CFM can they can trust for decades in the future.”

All of Garuda’s new engines will be the CFM56-5B Performance Improvement Package (PIP) configuration. The -5B PIP completed extensive ground testing and more than 26 hours of flight testing on the A320. The engine, which is the new production configuration for the CFM56-5B, entered service earlier this month. The improvements, which provide a 0.5% improvement in fuel burn, include hardware changes to the core, including new high-pressure turbine blade, as well as manufacturing changes the fan and compressor blades and vanes to improve performance retention. The engine will maintain the same noise signature as the current production engine. These engines also meet current International Civil Aviation Organisation (ICAO) Committee of Aviation Environmental Protection standards (CAEP /6) requirements.

CFM56-5B engines are a product of CFM International, a 50/50 joint company between Snecma (Safran group) and GE. CFM, the world’s leading supplier of commercial aircraft engines, has delivered nearly 23,000 engines to date. The CFM56-5B engine powers every model of the Airbus A320 family and has been chosen to power nearly 60 percent of all A320 aircraft in service or on order.

About Garuda Indonesia
Garuda Indonesia is an IOSA Certified Airline with 4-star airline category. Recognized as World’s Most Improved Airline in the 2010, in World Airline Awards in Hamburg by Skytrax, Garuda Indonesia also awarded "Turn Around Airline of the Year 2010” in October 2010 from the Center for Asia Pacific Aviation (CAPA), based in Sydney.
The airline is undergoing an aggressive 5-year expansion and modernization plan known as the ‘Quantum Leap’ involving a significant fleet upgrade and image-overhaul including changing the airline’s livery, staff uniforms and logo. In line with Garuda Indonesia’s ongoing fleet development, in 2011 it expects the arrival of eleven new aircraft, consisting of two Airbus A330-200s and nine Boeing Next-Generation 737-800 Next Generation aircraft. In 2010, Garuda took delivery of 24 new aircraft, consisting of twenty-three Boeing Next-Generation 738-800s and one Airbus A330-200.

PRESS RELEASE

15.11.2011
Garuda Indonesia, CFM sign Finalize for Comprehensive Support of CFM56-7B Engines

DUBAI, U.A.E. – 13 November 2011

Garuda Indonesia, Indonesia’s national airline, and CFM International today finalized a long-term support agreement covering the airline’s fleet of the CFM56-7B engines powering 63 Boeing 737-800 aircraft.

Under the terms of the 15-year Rate Per Flight Hour (RPFH) contract, valued at approximately $500 million U.S. over the life of the agreement, CFM will provide comprehensive engine maintenance service and guarantee maintenance costs on a dollar per engine flight hour basis.

When signing the initial Memorandum of Understanding for this agreement, Garuda Indonesia president and CEO, Emirsyah Satar, noted: “This partnership is a concrete manifestation of long-term support for Garuda and for our fleet revitalization program ... and shows the trust and appreciation that CFM and its parent companies, GE and Snecma, have for our airline, as well as their whole-hearted support of our successful turn-around and business transformation. This partnership will also bring benefit to the Garuda fleet by having a high quality standard for engine performance and efficient operation through predictive maintenance costs.”

As part of the contract, CFM and Garuda’s Maintenance arm, GMF Aero Asia will jointly develop overhaul capability for the CFM56-7B engine. Once capable, Garuda’s CFM56-7B engine overhauls will be undertaken by GMF as part of the RPFH agreement. The development of CFM56-7B overhaul capability by GMF and CFM will increase the competency of the Indonesian aviation industry in supporting the country’s significant domestic air transportation growth.

“We are very pleased to sign such a far-reaching agreement with Garuda,” said Jean-Paul Ebanga, president and CEO of CFM International. “Not only does it bring the inherent benefits of genuine CFM parts to Garuda’s fleet, it also represents a long-term investment in high-quality, highly-skilled MRO facilities in Southeast Asia to support the tremendous growth this region will continue to experience”

Garuda Indonesia is a long-time CFM customer and began operating the CFM56-3-powered Boeing 737-300 in the late 1990s. Today, the airline’s fleet includes approximately 75 CFM-powered 737 aircraft in service or on order. The airline operates 89 new modern aircraft; and serves 32 domestic and 17 international destinations including Asia (China and Japan), Australia, the Middle East, and Europe (Amsterdam). By 2015, the airline will operate a fleet of more than 154 aircraft.

About Garuda Indonesia
Garuda Indonesia is an IOSA Certified Airline with 4-star airline category. Recognized as World’s Most Improved Airline in the 2010, in World Airline Awards in Hamburg by Skytrax, Garuda Indonesia also awarded "Turn Around Airline of the Year 2010” in October 2010 from the Center for Asia Pacific Aviation (CAPA), based in Sydney.
The airline is undergoing an aggressive 5-year expansion and modernization plan known as the ‘Quantum Leap’ involving a significant fleet upgrade and image-overhaul including changing the airline’s livery, staff uniforms and logo.
In line with Garuda Indonesia’s ongoing fleet development, in 2011 it expects the arrival of eleven new aircraft, consisting of two Airbus A330-200s and nine Boeing Next-Generation 737-800 Next Generation aircraft. In 2010, Garuda took delivery of 24 new aircraft, consisting of twenty-three Boeing Next-Generation 738-800s and one Airbus A330-200.

About CFM International
CFM International (CFM), a 50/50 joint company between Snecma (Safran group) and GE and is the world’s leading supplier of commercial aircraft engines. Since the company was formed in 1974, it has delivered nearly 23,000 aircraft to more than 500 operators around the globe. The CFM56 product line has long held the reputation as the most reliable, cost-efficient engines in the air.

PRESS RELEASE

15.11.2011
Garuda Indonesia Becomes Newest LEAP-1A Customer

DUBAI, U.A.E. – 13 November 2011

Garuda Indonesia today announced that it has selected CFM International’s advanced LEAP-1A engines to power 10 new Airbus A320neo aircraft scheduled to begin delivery in 2017. The engine order is valued at approximately $220 million U.S. at list price. The aircraft will be operated by Garuda low-cost subsidiary Citilink.

“The LEAP-1A will bring double-digit improvements in fuel burn, noise, and carbon and NOx emissions to our operations,” said Emirsyah Satar, president and CEO of Garuda Indonesia. ”These are all critical elements to our long-term plans to grow and expand our reach with Citilink. We conducted an extensive technical evaluation before making our decision and the LEAP-1A is absolutely the right engine for our A320neo aircraft.”

Garuda Indonesia is a long-time CFM customer and began operating the CFM56-3-powered Boeing 737-300 in the late 1990s. Today, the airline’s fleet includes approximately 75 CFM-powered 737 aircraft in service or on order. In addition to the A320neos, the airline also announced today that it has selected the CFM56-5B to power 15 standard Airbus A320 aircraft.

“We are both honored and excited to launch this next phase of our relationship with Garuda Indonesia and be a part of this great team,” said Jean-Paul Ebanga, president and CEO of CFM. “All of the benefits we are building in to the LEAP technology footprint will have a very positive impact on Garuda’s operational efficiency and help fuel their continued growth long-term.”

LEAP engines incorporate revolutionary technologies never before seen in the single-aisle aircraft segment. This engine combines advanced aerodynamic design techniques, lighter, more durable materials, and leading-edge environmental technologies, making it a major breakthrough in engine technology. The 15 percent better engine fuel efficiency, at current fuel prices, translates to as much as $1.6 million in fuel cost savings alone for customers per airplane, per year. LEAP technology will also achieve double-digit improvements in CO2 emissions and noise levels, all while providing the industry’s best reliability and lowest maintenance costs.

LEAP is a product of CFM International, a 50/50 joint company between Snecma (Safran group) and GE. CFM is the world’s leading supplier of commercial aircraft engines, with nearly 23,000 delivered to 500+ operators around the globe.

About Garuda Indonesia
Garuda Indonesia is an IOSA Certified Airline with 4-star airline category. Recognized as World’s Most Improved Airline in the 2010, in World Airline Awards in Hamburg by Skytrax, Garuda Indonesia also awarded "Turn Around Airline of the Year 2010” in October 2010 from the Center for Asia Pacific Aviation (CAPA), based in Sydney.
The airline is undergoing an aggressive 5-year expansion and modernization plan known as the ‘Quantum Leap’ involving a significant fleet upgrade and image-overhaul including changing the airline’s livery, staff uniforms and logo. In line with Garuda Indonesia’s ongoing fleet development, in 2011 it expects the arrival of eleven new aircraft, consisting of two Airbus A330-200s and nine Boeing Next-Generation 737-800 Next Generation aircraft. In 2010, Garuda took delivery of 24 new aircraft, consisting of twenty-three Boeing Next-Generation 738-800s and one Airbus A330-200.

PRESS RELEASE

15.11.2011
LEAP Engine Orders and Commitments Surpass $32 Billion

DUBAI, U.A.E. – 14 November 2011

CFM International has booked orders and commitments for nearly 2,660 LEAP engines to power Airbus A320neo, Boeing 737 MAX, and COMAC C919 aircraft at a value of more than $32 billion U.S. at list price.

To date, the company has received orders for 930 LEAP-1A engines to power 455 Airbus A320neo aircraft. Orders have come from AirAsia, who placed the single largest order in aviation history, selecting the advanced LEAP engine to power 200 Airbus A320neo aircraft at the 2011 Paris Air Show; CIT Aerospace; GE Capital Aviation Services (GECAS); International Lease Finance Corporation; Republic Airways Holdings; SAS; Virgin America, who officially launched the LEAP-1A engine in June 2011 on 15 June with an order for engines to power 30 A320neo aircraft. The most recent order was from Garuda Indonesia for LEAP-1A engines to power 10 new A320neo aircraft.

In August 2011, Boeing announced that the LEAP-1B would be the sole powerplant on its new, re-engined 737 MAX airplane. In addition to a 100-aircraft order from American Airlines, Boeing has received commitments for approximately 600 additional aircraft, for a total of 1,400 engines.

The LEAP-1C is the exclusive powerplant for the new 150-passenger COMAC C919. COMAC has received commitments for 165 aircraft, including recently announced orders for 45 aircraft from ICBC Leasing and 20 aircraft from Sichuan Airlines.

LEAP development is progressing on schedule and the engine is on track for entry into service in 2016 on the A320neo and C919 and in 2017 on the Boeing 737 MAX...

The foundation of the LEAP engine is heavily rooted in advanced aerodynamics, environmental, and materials technology development programs. It will provide up to 15 percent better fuel consumption and an equivalent reduction in CO2 emissions compared to today’s best CFM engine, along with a 50 percent reduction in oxides of nitrogen emissions, and up to a 15 decibel reduction in noise. All this technology brings with it CFM’s legendary reliability and low maintenance costs.

LEAP engines are a product of CFM International (CFM), a 50/50 joint company between Snecma (Safran group) and GE and the world’s leading supplier of commercial aircraft engines.

PRESS RELEASE

15.11.2011
Lufthansa German Airlines Selects CFM56-5B Engines to Power New A320 Aircraft

DUBAI, U.A.E. – 14 November 2011

Deutsche Lufthansa and CFM International today announced the selection of the CFM56-5B to power four new Airbus A320 aircraft in a firm engine order valued at approximately $60 million U.S. at list price. The aircraft order was announced in September of this year and the airline will take delivery in 2012 and 2013.

Lufthansa, which is part of the Lufthansa Aviation Group, currently operates a fleet of 80 CFM-powered Airbus A319/A320/A321 and 26 long-range, four-engine A340-300 aircraft. In addition, Lufthansa operates 63 CFM56-powered Boeing 737 Classics thus totaling some 390 CFM engines in their operational fleet. Including the other Group members Germanwings, British Midland, Austrian, and Swiss, the number of CFM56 engines operated in the Group totals more than 650.

Since its foundation, Lufthansa has been a driving force behind commercial aviation. In recent years, the airline has been one of the industry’s strongest proponents of "green" technology that reduces the impact of aviation on the environment, particularly noise and emissions.

All of Lufthansa’s new engines will be the CFM56-5B Performance Improvement Package (PIP) configuration. The -5B PIP completed extensive ground testing and more than 26 hours of flight testing on the A320. The engine, which is the new production configuration for the CFM56-5B, entered service earlier this month.

The improvements, which provide a 0.5% improvement in fuel burn, include hardware changes to the core, including new high-pressure turbine blade, as well as manufacturing changes the fan and compressor blades and vanes to improve performance retention. The engine will maintain the same noise signature as the current production engine. These engines also meet current International Civil Aviation Organisation (ICAO) Committee of Aviation Environmental Protection standards (CAEP /6) requirements.

CFM56-5B engines are a product of CFM International, a 50/50 joint company between Snecma (Safran group) and GE. CFM, the world’s leading supplier of commercial aircraft engines, has delivered nearly 23,000 engines to date. The CFM56-5B engine powers every model of the Airbus A320 family and has been chosen to power nearly 60 percent of all A320 aircraft in service or on order.

PRESS RELEASE

15.11.2011
Advanced CFM56-7BE Performing Well in Revenue Service

DUBAI, U.A.E. — 13 November 2011

The first CFM56-7BE-powered Boeing Next-Generation 737 was delivered to China Southern Airlines in July. Since then, more than 120 aircraft have been delivered to 34 operators worldwide.

This fleet had logged more than 125,000 flight hours through 31 October without a single engine-related issue.

The CFM56-7BE-powered Next-Generation 737 enhanced airplane/engine combination will provide a 2 percent improvement in fuel consumption, which, in turn, equates to a 2 percent reduction in carbon emissions. Additionally, the enhanced -7B will provide up to 4 percent lower maintenance costs, depending on the thrust rating.

CFM executed an extensive certification program that included a 60-hour certification flight test program aboard GE’s modified 747 flying testbed in Victorville, California. In addition, the CFM56-7BE completed a grueling 150-hour block test at Snecma facilities in Villaroche, France, during which it operated at what is referred to as triple redline: maximum fan speed, maximum core speed, and maximum exhaust gas temperature. This test simulates conditions far more extreme than would ever be experienced in commercial service to validate the reliability and durability of the hardware.

The first full CFM56-7BE type design engine completed ground testing in January 2010, and engine operation and performance was as expected. Overall, the engine completed 390 hours of ground testing (including the block test) and achieved all the technical requirements and met the key objectives for performance improvement, acoustics, engine operation and durability.

CFM is used advanced computer codes and three-dimensional design techniques to improve airfoils in the high- and low-pressure turbines for better engine performance. In addition, the company improved engine durability and reduced parts count to achieve lower maintenance costs.

CFM56 engines are a product of CFM International, a 50/50 joint company of Snecma (Safran group) and GE.

PRESS RELEASE

15.11.2011
CFM Logging Record Orders in 2011; Increasing CFM Production Rates to Record Highs

DUBAI, U.A.E. — 13 November 2011

CFM International (CFM) is having the second highest orders year in its history. Through October, the company has logged orders in for nearly 2,200 commercial, military and spare engines at a value of $24 billion at list price.

The highest record occurred in 2007, when CFM received orders for more than 2,700 engines.

"I have to say that this has been a surprisingly good year,” said Jean-Paul Ebanga, president and CEO of CFM International. "We have had solid orders for more than 1,200 CFM56 engines, which would make it a good year in its own right. But the orders for the current product line have nearly been matched by requests for LEAP engines, with 910 orders logged for the LEAP-1A to power 455 Airbus A320neos. In the coming months, we anticipate many of the nearly 600 commitments for the new LEAP-1B powered Boeing 737 MAX to be finalized, as well, so we think 2012 is already off to a very good start.”

At the same time, CFM has also achieved record production rates for the CFM56 product line. The company has built more than 1,000 engines per year since 2006, and the rate has grown steadily. In 2011, CFM is on track to deliver more than 1,300 engines following a rate of 1,250 in 2010. Current plans are to reach more than 1,600 engines per year by 2014.

“We’re very proud of the fact that every CFM56 engine built to date – nearly 23,000 of them – has been delivered on time,” said Ebanga. “These rates are simply unprecedented in our industry and successfully achieving them has required a lot of planning and even more coordination between the GE and Snecma supply chains, as well as with Airbus and Boeing. As we look to the future, we are continuing to bring state-of-the-art technology not only to our engines, but to the processes by which we build them. We goal is to make sure the next 23,000 engines are on time, as well.”

CFM International, a 50/50 joint company between Snecma (Safran group) and GE, is the world’s leading supplier of commercial aircraft engines and has logged for order for approximately 28,500 engines to date. Of that total, nearly 23,000 have been delivered to more than 500 operators around the globe.

PRESS RELEASE

15.11.2011
Orders for LEAP-1C-powered C919 Reach 165 Aircraft

DUBAI, U.A.E. — 13 November June 2011

Orders for the Commercial Aircraft Corporation of China, Ltd.’s (COMAC) new C919 airplane, powered exclusively by CFM International’s LEAP-1C engines, have now reached a total 165 aircraft with the recent addition of orders from ICBC Financial Leasing Company (45) and from Sichuan Airlines (20).

These airlines join Air China, China Eastern, China Southern, Hainan Airlines, CDB Leasing Company and GE Capital Aviation Services (GECAS) as C919 customers. COMAC has forecasted global sales of more than 2,000 C919 aircraft over the 20 years following entry into service.

In June, CFM and COMAC reached another major milestone with the signing of the Master Contract for the C919 / LEAP Integrated Propulsion System (IPS). The definitive agreement stipulates that CFM will be the sole overseas supplier for an integrated propulsion system (engine, nacelle, thrust reverser) and that the LEAP-X1C engine will be the sole Western powerplant for the new 150-passenger short-to-medium range airplane on schedule to enter service in 2016.

As part of the IPS for the C919, CFM will provide the LEAP-X1C engine and, in partnership with Nexcelle, will provide the nacelle and thrust reverser to deliver a complete IPS solution to COMAC. Nexcelle is a 50/50 joint venture between GE’s Middle River Aircraft Systems and Safran group’s Aircelle that the two companies launched in 2008.

The LEAP engine, which was formally launched in 2008, is a totally new centerline engine and the development and testing program has been progressing steadily. The LEAP is on track for the first full engine to begin testing in 2013. In 2010, CFM and COMAC began the Joint Design Phase to define the functional and mechanical interfaces and optimize the integrated propulsion system for the C919. The teams are in the final stages of the Joint Design Phase. CFM has a dedicated team of about 20 people who work directly with COMAC in Shanghai. Hundreds of engineers are also working on the LEAP-X1C engine back at the headquarters of CFM’s parent companies, GE and Snecma. The team is building strong relationships with COMAC’s team to ensure all the customer’s needs are well understood and achieved.

Beyond the propulsion system program, CFM has also provided extensive training to COMAC for the last two years. Training sessions for COMAC leaders have occurred at Snecma’s Paris location and GE’s Cincinnati, OH facilities. CFM has also conducted training sessions at COMAC’s Shanghai offices and CFM’s training school Aero Engine Maintenance Training Center in Guanghan City, Sichuan Province of China.

LEAP is a product of CFM International, a 50/50 joint company between Snecma (Safran group) and GE, and the world’s largest commercial aircraft engine manufacturer.

*Nexcelle is a 50/50 joint venture between Aircelle (Safran group) and GE’s Middle River Aviation Systems.

PRESS RELEASE

15.11.2011
eCore Demo 2 Testing Yielding Outstanding Results; Build-up Set to Begin on eCore Demo 3

DUBAI, U.A.E — 13 November 2011

Testing of CFM International’s advanced eCore Demonstrator 2, which began testing in May at a special altitude test facility in Evendale, Ohio, is progressing on schedule and yielding outstanding results.

eCore Demo 2, which includes a 10-stage compressor, lower emission TAPS 2 combustor, and two-stage high-pressure turbine, is the configuration for the LEAP engine schedule to enter service on the Airbus A320neo and COMAC C919 in 2016 and in 2017 on the new Boeing 737 MAX. To date, CFM has received orders and commitments for more than 2,450 LEAP engines to power these three aircraft types.

CFM has completed more than 100 test hours on the core, including conducting performance and operability tests such as low-speed stalls. The company plans to complete another 50 hours of testing by year-end, including high-speed stall parameters.

CFM passed a major milestone recently with the completion of the company’s internal Tollgate 3 process which, in effect, freezes the engine configuration. The next milestone will come in mid-2012 with the full engine design freeze.

The heavily instrumented hardware is testing approximately 2,000 different engine parameters. This unique test facility allows CFM to put the hardware through its paces by simulating both ground and altitude conditions over a much greater operating range than could be conducted with a full engine test. It allows engineers to see how the core behaves outside of standard operating conditions at extremes the engine would never encounter in typical commercial airline service.

In early 2012, CFM will begin to build up eCore Demo 3 to incorporate lessons learned on the two previous core tests, leading to the first full LEAP engine to test in 2013.

"We couldn’t be happier with the results we have achieved," said Ron Klapproth, LEAP program director for CFM. "The core is running smoothly and is validating both our technology choices, as well as the commitments we have made to our customers”

LEAP is a product of CFM, a 50/50 joint company between Snecma (Safran group) and GE. CFM is the world’s leading producer of commercial aircraft engines, with nearly 23,000 delivered since the company’s formation in 1974.

PRESS RELEASE

15.11.2011
Full-scale LEAP Fan Blade-Out Rig Test Yields Outstanding Results; Advanced LEAP Fan Endurance Test Complete

DUBAI, U.A.E. — 13 November 2011

Testing of CFM International’s advanced 3-D Woven Resin Transfer Molding (3-DW RTM) fan is proceeding on schedule and the company is achieving outstanding results.

In May, CFM completed a full-scale fan blade out rig test, simulating certification requirements for the proprietary 3-DW RTM technology. The company has also completed extensive full-scale component tests, including bird ingestion testing with the same very positive results.

“The fan blade-out test went beautifully,” said Francois Bastin, director of the LEAP Program for CFM. “The fan experienced very low overall unbalance and behaved as we had predicted in pre-test simulations. We also included the composite fan case, which showed no cracks or stress defects and all parts were contained. This test was a total success and confirmed that the LEAP fan will meet all certification requirements. ”

In August, CFM completed endurance testing of the fan, with the hardware logging more than 5,000 cycles. The demanding test was designed to evaluate fan behavior within a real thermal and vibratory environment. The preliminary results have been outstanding, meeting or exceeding all pre-test predictions.

"The endurance test is an important one for us because it addresses the conditions that our customers will eventually see in operation,” said Bastin. “We saw absolutely no change whatsoever on the fan blades and we couldn’t be happier with the results.”

In addition to fan tests, CFM has conducted extensive rig testing of its ultra-high-efficiency LEAP low-pressure turbine with outstanding results. The rig, which included the full low-pressure turbine (LPT) and turbine rear frame, validated the technical innovations in the design, including the advanced three-dimensional designed airfoils and blade and vane alignment. Initial results confirmed very high efficiency levels and matched results achieved in pre-test simulations. Testing has enabled CFM to assess acoustics and to validate corresponding LPT performance and airfoil mechanical behavior in a real operating environment.

The LEAP engine is on track for certification in 2014 and entry into service in 2016 on the Airbus A320neo and COMAC C919 in 2016, following by the Boeing 737 MAX in 2017. To date, CFM has received orders and commitments for more than 2,450 LEAP engines to power these three aircraft types.

CFM International is a 50/50 joint company between Snecma (Safran group) and GE. It is the world’s leading producer of commercial aircraft engines, with nearly 23,200 delivered since the company’s formation in 1974.

PRESS RELEASE

15.11.2011
Boeing Selects LEAP-1B as Sole Powerplant for New 737 MAX

DUBAI, U.A.E – 13 November 2011

• CFM bringing revolutionary technologies to Boeing 737 family
• Fuel efficient engines will provide significant life-cycle cost savings

The Boeing Company has selected CFM International’s revolutionary LEAP-1B engine as the exclusive powerplant for its new family of re-engined Boeing 737 MAX aircraft. To date, Boeing has received commitments for more than 700 aircraft.

CFM and Boeing have been working for Boeing for several years to evaluate engine configurations for both re-engined, as well as potential new aircraft. Earlier this month, the two companies announced that the LEAP-1B will have a 68-inch fan; during 2012, the engine design will be optimized for the new 737. Deliveries are scheduled to begin in 2017.

"We are honored to be given this opportunity to continue our very successful relationship with this Boeing,” said Jean-Paul Ebanga, president and CEO of CFM International. "We appreciate the high level of confidence this selection shows in CFM and in our ability to delivery leading-edge technology for the 737. The advantages of LEAP technology will speak for themselves, and this engine will provide unprecedented levels of efficiency and environmental responsibility while maintaining the legacy of aviation’s most reliable engine family.”

LEAP engines incorporate revolutionary technologies never before seen in the single-aisle aircraft segment. The new engine combines advanced aerodynamic design techniques, lighter, more durable materials, and leading-edge environmental technologies, making it a major breakthrough in engine technology. As a result, operators will achieve double-digit improvements in fuel burn, emissions, and noise while maintaining the benefits of CFM International’s legendary reliability and low maintenance costs. LEAP is a product of CFM International, the world’s largest supplier of commercial aircraft engines. Its product line includes nine engine models for more than 30 commercial and military applications. The company was formed as a joint venture in 1974 and the two parent companies, GE and Snecma, have extended the partnership agreement to the year 2040.

PRESS RELEASE

15.11.2011
Comlux Stays with CFM56-5B Engines to Power New ACJ321 Aircraft

DUBAI, U.A.E. – 15 November 2011

Zurich, Switzerland-based VIP carrier Comlux today announced that it will power its new Airbus ACJ321 with CFM International’s CFM56-5B engine. The aircraft are scheduled for delivery in 2013 and the engine order is valued at approximately $20 million U.S. at list price.

This order represents the first for the aircraft type and Comlux is the first carrier to operate Airbus ACJ318, ACJ319, ACJ320 and A321, all powered by the CFM56-5B.

"We couldn’t be happier with the CFM56-5B engines in our fleet,” said Richard Gaona chief executive officer of Comlux. "The reliability of this product is world-class and the outstanding operating economics of this engine help us keep our costs in line. With CFM, we have the confidence to assure our customers of the very highest level of service."

“This is another terrific milestone in our long-standing relationship with Comlux,” said Gaël Meheust, vice president of sales for CFM International. “We are honored by their continued faith in our products, and they have our promise that we will continue to provide the unequalled level of quality and customer support they have always had from CFM.”

The high reliability, long on-wing life, and low maintenance costs of the CFM56-5 make it extremely popular with major airlines, low-cost carriers, and leasing companies worldwide.

The engines power this new ACJ321 airplane will be the CFM56-5B Performance Improvement Package (PIP). The -5B PIP completed extensive ground testing and more than 26 hours of flight testing on the A320. The engine, which is the new production configuration for the CFM56-5B, entered service earlier this month.

The improvements, which provide a 0.5% improvement in fuel burn, include hardware changes to the core, including new high-pressure turbine blade, as well as manufacturing changes the fan and compressor blades and vanes to improve performance retention. The engine will maintain the same noise signature as the current production engine. These engines also meet current International Civil Aviation Organisation (ICAO) Committee of Aviation Environmental Protection standards (CAEP /6) requirements.

CFM56-5B engines are a product of CFM International, a 50/50 joint company between Snecma (Safran group) and GE. CFM, the world’s leading supplier of commercial aircraft engines, has delivered nearly 23,000 engines to date. The CFM56-5B engine powers every model of the Airbus A320 family and has been chosen to power nearly 60 percent of all A320 aircraft in service or on order.

PRESS RELEASE

15.11.2011
Morpho and Simartis Telecom present "Bubble": a context-driven, marketing solution for mobile network operators

Paris, November 15, 2011

Morpho (Safran group) and Simartis are continuing their successful partnership in the launch of innovative solutions for Mobile Network Operators (MNOs). At Cartes & IDentification 2011, they are presenting the revolutionary SIM-based mobile marketing enabler "Bubble," winner of the highly competitive CARTES SESAMES contest in the “Best Banking / Retail / Loyalty Application” category.

Expanding the successful X-Menu product line, Bubble is a SIM- and server-based solution that offers MNOs a new way to display promotional messages when a mobile phone is in a customer’s hand. With Bubble, MNOs deliver relevant offers to subscribers, linked to the customer’s use of a phone. These features will boost the response rate to promotions, as they are customized in keeping with the last action that a customer performed with his or her phone. Bubble can be integrated into an MNO’s analytical customer relationship management (ACRM) system to provide customized offers which are more relevant to individual subscribers and are not perceived as unsolicited messages.

Bubble offers MNOs more control over the context display of promotional offers for a variety of mobile devices on the market. It is delivered on affordable Java™ SIM card technology and features virtually unlimited Over The Air field deployment due to its small SIM footprint.

MNOs now have an affordable alternative sales channel for their various customer sectors, delivering increased rates of consumer response compared to traditional bulk SMS campaigns. It is ready for commercial launch.

About Morpho

Morpho, a high-technology company in the Safran group, is one of the world’s leading suppliers of identification, detection and e-document solutions. Morpho is specialized in personal rights and flow management applications, in particular based on biometrics, a sector in which it is the world leader, as well as secure terminals and smart cards. Morpho’s integrated systems and equipment are deployed worldwide and contribute to the safety and security of transportation, data, people and countries. Through its e-Documents Division, Morpho is a pioneer and a global leader in the smart card industry. It develops and implements cutting-edge technology to turn the vision of unbounded mobile communications and integrated digital security into a reality. The Division’s portfolio includes hardware, software, consulting and services, all focused on smart cards for the benefit of consumers and providers in the telecommunications, health, identification and banking areas.

For more informations : www.morpho.com/e-documents www.safran-group.com


About Simartis

Simartis offers innovative services and applications for the telecommunications market. The company is headquartered in Romania and is the country’s leading provider in this field.

For more informations : www.simartis.ro

PRESS RELEASE

15.11.2011
Morpho presents digital security solutions in a virtual airport terminal at CARTES 2011

Paris, November 15, 2011

Morpho (Safran group) invites its visitors at CARTES & IDentification, the world’s leading event for digital security, smart technology, payment and mobility, to experience its latest solutions and products within a virtual airport terminal.

This airport terminal reflects the convergence of mobility, communications and security and will showcase Morpho’s solutions and products, from pocket size smart cards or USB tokens to automated border control gates.

A tour around the booth will provide different use cases for digital security within any airport terminal: security through biometric authentication of travelers (electronic ticketing), more convenience in payment solutions (NFC, contactless payment), solutions for securing passports and identity protection.

This year, Morpho will place a special focus on biometrics, Near Field Communication and e-services.

About Morpho
_Morpho, a high-technology company in the Safran group, is one of the world’s leading suppliers of identification, detection and e-document solutions. Morpho is specialized in personal rights and flow management applications, in particular based on biometrics, a sector in which it is the world leader, as well as secure terminals and smart cards. Morpho’s integrated systems and equipment are deployed worldwide and contribute to the safety and security of transportation, data, people and countries.
For more information : www.morpho.com www.safran-group.com
Follow @MORPHO_NEWS on Twitter

PRESS RELEASE

17.11.2011
Safran names Jean-Claude Luciani head of Human Resources for Europe-North Africa in the Safran group

Paris, November 17, 2011

Jean-Claude Luciani, 53, has been named head of Human Resources for Europe-North Africa in the Safran group. He reports to Jean-Luc Bérard, the corporate Vice President for Human Resources.

After earning degrees in public law (1979) and from the Ecole Supérieure d’Administration de l’Armement defense administration school, Jean-Claude Luciani started his career in 1982 as defense officer with the French naval shipyard DCN. He moved to the French defense procurement agency DGA in 1993 as head of the economic studies and foreign trade office. In 1996 he was named Civil Administrator at the Ministry of Defense, then Advisor to Alain Richard, Minister of Defense, for Social and State Affairs. In 2001 Jean-Claude Luciani joined Famat, a joint venture of Snecma and GE as head of Human Resources. He moved to Snecma Propulsion Solide in 2004 as Vice President, Human Resources and Communications. From 2007 until this latest appointment, he held the same position at Hispano-Suiza.

Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Safran group has more than 54,000 employees and generated sales of 10.8 billion euros in 2010. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.2 billion euros in 2010. Safran is listed on NYSE Euronext Paris and its share is part of the CAC 40.

For more information, www.safran-group.com

Follow @SAFRAN on Twitter

PRESS RELEASE

18.11.2011
Snecma (Safran group) names Stéphane Legrand Vice President for Human Resources

Courcouronnes, November 18, 2011

Stéphane Legrand has been named Vice President, Human Resources at Snecma. He replaces Bruno Pasini, who will move to another job in the Safran group.

Stéphane Legrand, 47, holds a master’s degree in economic sciences and business management from the University of Le Mans (France), and a doctorate in advanced human resources management from the Paris business administration school.

After starting his career with Framatome, Stéphane Legrand joined Sagem (now part of Safran group) in 1995, where he successively held human resources management positions in the automobile, mobile phone and defense & security divisions. In 2001 he was named deputy director of human resources at Sagem. He moved to Safran in 2005 as deputy director of human resources for the Group, in charge of recruitment and national and international mobility. In 2006, Stéphane Legrand was named Vice President, Human Resources at Labinal (Safran group). From 2008 until this latest appointment, he held the same position at Messier-Bugatti-Dowty (Safran group).

*CFM56 engines are produced and marketed by CFM International, a 50/50 joint company between GE and Snecma.

PRESS RELEASE

21.11.2011
American Airlines Selects CFM56-5B Engine to Power Its New Airbus A319 Aircraft

• CFM56-5B is best-selling engine for Airbus A320 family
• Brings fuel efficiency and industry-leading cost of ownership and low maintenance cost

WEST CHESTER, Ohio – 21 November 2011 – As part of an extensive single-aisle fleet renewal announcement, American Airlines today ordered CFM56-5B engines to power its new Airbus A319 aircraft scheduled for delivery between 2013 and 2017. The aircraft order was previously announced in July 2011.

The CFM56-5B engine is product of CFM International (CFM), a 50/50 joint company between Snecma (Safran group) and GE.

“The CFM56-5B is a great fit for our A319 fleet,” said Bob Reding, executive vice president of operations for American Airlines. “The CFM56-5B-powered A319s will provide us with substantial fuel, emission and noise benefits, as well as operating synergies with our existing fleet of CFM6 powered aircraft. We are looking forward to introducing the -5B into our fleet powering our new Airbus A319 aircraft. ”

American Airlines has been a CFM customer since 1996 and the airline currently has more than 300 CFM56-7B-powered Boeing Next-Generation 737-800 airplanes in service or on order.

"We are honored to be given this opportunity to be a part of American Airlines long-term fleet strategy and to continue our very successful relationship with this airline,” said Jean-Paul Ebanga, president and CEO of CFM International.

"We appreciate the high level of confidence this order shows in the CFM56 product line,” said Kevin McAllister, vice president of Sales for CFM. “American is one of our largest CFM56-7B customers and we are pleased to introduce the CFM56-5B into its fleet.”

The CFM56-5B engine powers every model of the Airbus A320 family and has been chosen to power approximately 57 percent of all A320 aircraft in service or on order. The high reliability, long on-wing life, and low maintenance costs of the CFM56-5 make it extremely popular with major airlines, low-cost carriers, and leasing companies worldwide.

The CFM56-5B engines for American Airlines are the new CFM56-5B Performance Improvement Package (PIP) configuration. The -5B PIP completed extensive ground testing and more than 26 hours of flight testing on the A320. The engine, which is the new production configuration for the CFM56-5B, entered service earlier this month.

The improvements, which provide a 0.5 percent improvement in fuel burn, include hardware changes to the core, including new high-pressure turbine blade, as well as manufacturing changes the fan and compressor blades and vanes to improve performance retention. The engine will maintain the same noise signature as the current production engine. These engines also meet current International Civil Aviation Organisation (ICAO) Committee of Aviation Environmental Protection standards (CAEP /6) requirements.

About American Airlines
American Airlines, American Eagle and the AmericanConnection® carrier serve 260 airports in more than 50 countries and territories with, on average, more than 3,400 daily flights. The combined network fleet numbers more than 900 aircraft. American’s award-winning website, AA.com®, provides users with easy access to check and book fares, plus personalized news, information and travel offers. American Airlines is a founding member of the oneworld® alliance, which brings together some of the best and biggest names in the airline business, enabling them to offer their customers more services and benefits than any airline can provide on its own. Together, its members and members-elect serve more than 900 destinations with more than 10,000 daily flights to 149 countries and territories. American Airlines, Inc. and American Eagle Airlines, Inc. are subsidiaries of AMR Corporation. AmericanAirlines, American Eagle, AmericanConnection, AA.com, and AAdvantage are trademarks of American Airlines, Inc. (NYSE: AMR).

About CFM International
CFM International is the world’s largest supplier of commercial aircraft engines. Its product line includes nine engine models for more than 30 commercial and military applications. The company was formed as a joint venture in 1974 and the two parent companies, GE and Snecma, have extended the partnership agreement to the year 2040.

GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet and turboprop engines, components and integrated systems for commercial, military, business and general aviation aircraft..

Snecma, a Safran group company, is one of the world’s leading manufacturers of commercial and military aircraft and rocket engines, with a wide range of propulsion systems on offer.

PRESS RELEASE

24.11.2011
MorphoAccess® VP wins Detektor International Award

Paris, November 24, 2011

Morpho (Safran group) is proud to announce that MorphoAccess® VP has won the Detektor International Award for “Best Access Control Product”.

MorphoAccess® VP is the world’s first multimodal physical access control terminal combining finger vein and fingerprint recognition. This award recognizes innovative products that contribute to advancing the security industry.

Suitable for authentication or identification of individuals, this stylish, easy-to-use terminal brings the benefits of finger vein/fingerprint multimodality to physical access control systems. This new multimodal technology guarantees unrivalled levels of security, accuracy and performance as compared with monomodal biometric devices. MorphoAccess® VP is PoE (Power over Ethernet) and Wi-Fi capable and has received FBI PIV-IQS and IP 65 certifications.

“Our cutting-ege VP technology received an innovation award in 2010 and we are honored that it is once again been rewarded,” said Jean-Paul Jainsky, Chairman and Chief Executive Officer of Morpho. “The Detektor International Award recognizes our commitment to developing advanced biometric technologies to meet the ever-changing needs of the security market.”

About Morpho
Morpho, a high-technology company in the Safran group, is one of the world’s leading suppliers of identification, detection and e-document solutions. Morpho is specialized in personal rights and flow management applications, in particular based on biometrics, a sector in which it is the world leader, as well as secure terminals and smart cards.
Morpho’s integrated systems and equipment are deployed worldwide and contribute to the safety and security of transportation, data, people and countries.

PRESS RELEASE

28.11.2011
BRED, VIALINK and Morpho bring digital services to the masses with Ipab

Paris, November 28, 2011

BRED Banque Populaire, through its subsidiary VIALINK, a digital service provider, has chosen Morpho (Safran group) to equip its corporate and private customers with cryptographic devices to secure the use of Ipab digital services (www.ipab.fr).

Electronic signatures have proven their worth in the B-to-B market, particularly when it comes to the secure management of cash flows between companies and banks over the Internet. With the development of new processes, it is now possible to offer this technology to private individuals. The new range of Morpho ypsID cryptographic keys can be used for authentication and signing with a digital certificate, without having to install software on users’ PCs and Macs.

Ipab provides account holders with an online space which receives & stores documents sent by its partners (banks, insurance companies and main utilities) and acts as the key to facilitate strong authentication and electronic signatures. This also means that the entire process is paper-free.

Ipab offers Internet users a secure personal space including:

• A digital certificate for strong authentication and electronic signatures
• An inbox for documents sent by Ipab platform partners (BRED to date)
• A digital safe

As VIALINK’s first Ipab partner, BRED will equip its customers with Morpho cryptographic USB keys to further secure sensitive banking transactions on its website www.bred.fr, and payment transactions made by BRED-3DSecure bank card holders, to provide electronic bank statements, checks, and contracts, and to offer new services supporting online signatures via fixed and mobile devices.

About Morpho
Morpho, a high-technology company in the Safran group, is one of the world’s leading suppliers of identification, detection and e-document solutions. Morpho is specialized in personal rights and flow management applications, in particular based on biometrics, a sector in which it is the world leader, as well as secure terminals and smart cards. Morpho’s integrated systems and equipment are deployed worldwide and contribute to the safety and security of transportation, data, people and countries.
Through its e-Documents Division, Morpho is a pioneer and a global leader in the smart card industry. It develops and implements cutting-edge technology to turn the vision of unbounded mobile communications and integrated digital security into a reality. The Division’s portfolio includes hardware, software, consulting and services, all focused on smart cards for the benefit of consumers and providers in the telecommunications, health, identification and banking areas.

About BRED
BRED is the largest regional bank in the Banque Populaire Group (BPCE), the second largest banking group in France. As a cooperative financial institution, BRED is owned and controlled by more than 126,000 members, with a capital of EUR 432,487,500. It has based its development on two main business areas: high-street banking in the Ile-de-France (Paris) area, Aisne, Normandy and French overseas territories, and banking services for large economic entities. It is recognized for its innovative capabilities that result in services with high added value, particularly in the field of electronic commerce and flow management.
A few figures: 3,750 employees, 354 branches and specialized centers, around 900,000 customers (individuals, businesses, associations, companies and institutions) and consolidated net profit attributable to equity holders of the parent of 244.4 million euros in 2010 (slight increase of 0.6% compared to 2009).

About VIALINK
VIALINK (www.vialink.fr) acts as an operator in the fields of digital signatures and PKI (public key infrastructure), and is acknowledged as a trusted service-provider.
VIALINK guarantees the integrity of the signed documents as well as the identity of the signatories, by verifying the conformity of the signature and taking evidence by date and time stamping and legal archiving. VIALINK keeps legal evidence throughout the legally-required retention period and even beyond. VIALINK guarantees the probative value of the electronic signature.
VIALINK provides advice on, develops and operates paperless process solutions based on electronic signatures (www.ipab.fr, www.e-cautions.com, www.e-chantiers.com, www.e-confirme.com, etc.) and other cryptographic technologies.
The IPAB platform is an excellent example of VIALINK’s overall expertise. VIALINK is a subsidiary of BRED Banque Populaire.

PRESS RELEASE

22.11.2011
Morpho and Moneo Payment Solutions launch “MoneoPass by Morpho” contactless card

Paris, November 22, 2011

Morpho (Safran group) and Moneo Payment Solutions are pleased to announce the launch of the MoneoPass by Morpho contactless card.

Morpho designed the cards for multiple uses and a range of markets (local authorities, universities, businesses, and transport operators) according to Moneo Payment Solutions’ specifications.

The use of multi-application contactless cards such as MoneoPass by Morpho is set to spread, as they combine various uses in a single medium. These include Moneo payment, access to transport, access management and control, season tickets, ID badges, catering, loyalty cards, etc.

These cards also pave the way for the forthcoming arrival of NFC mobile handsets. In the future cell phones will host all of these services, as contactless card readers will also be able to read NFC handsets.

MonoePass by Morpho is the successor to the BMS 2 contactless card, hundreds of thousands of which are used on a daily basis, particularly on university campuses.

The card can be rolled out quickly without affecting existing infrastructure. The new version offers two notable improvements: it complies with the Calypso transport standard which is widely used throughout France and in a number of European countries, and it can also be used for highly secure applications as it contains PKI keys (Public Key Infrastructure).

About Morpho
Morpho, a high-technology company in the Safran group, is one of the world’s leading suppliers of identification, detection and e-document solutions. Morpho specializes in personal rights and flow management applications, in particular based on biometrics, a sector in which it is the world leader, as well as secure terminals and smart cards. Morpho’s integrated systems and equipment are deployed worldwide and contribute to the safety and security of transportation, data, people and countries.
Through its e-Documents Division, Morpho is a pioneer and a global leader in the smart card industry. It develops and implements cutting-edge technology to turn the vision of unbounded mobile communications and integrated digital security into a reality. The Division’s portfolio includes hardware, software, consulting and services, all focused on smart cards for the benefit of consumers and providers in the telecommunications, health, identification and banking areas.

About Moneo Payment Solutions
Moneo is an innovative and secure micropayment solution which can be used throughout France by businesses and individuals to make any purchase costing from €0.01 upwards. Moneo is topped up in banks, in post offices, at ATMs, in telephone boxes with the Moneo logo, and on the internet as well (www.moneo.com). In addition to payment, Moneo also offers a range of applications which make it the leader in the multiservice card market (student, business and city card).

PRESS RELEASE

21.11.2011
Morpho manages digital identity with SIMply Me!

Flintbek, November 21, 2011

With “SIMply Me!”, Morpho (Safran group) has launched a solution to manage digital identities on the mobile Internet. The solution uses a (U)SIM* to secure the use of mobile subscribers’ digital identity credentials to provide secure access, via a mobile phone, a tablet or a laptop, to online services requiring authentication or e-signatures.

As an expert in identification technologies and a major player in digital mobile identities, Morpho has invested in a comprehensive range of e-ID management solutions.

“Part of our strategy is for identification solutions to evolve into e-Identification solutions,” explained Paul Naldrett, Senior Vice President Telecoms at Morpho. “SIMply Me! provides strong, secure and valuable Internet identity management for the benefit of mobile operators in the web market. For mobile network operators, the value of the digital identity is increased since this identity is created during the subscription process when identity credentials are acquired. As a result, the solution significantly reduces the risk of identity theft and Man-in-the-Browser (MItB) attacks.”

*(U)SIM : Universal Subscriber Identity Module

About Morpho
Morpho, a high-technology company in the Safran group, is one of the world’s leading suppliers of identification, detection and e-document solutions. Morpho is specialized in personal rights and flow management applications, in particular based on biometrics, a sector in which it is the world leader, as well as secure terminals and smart cards. Morpho’s integrated systems and equipment are deployed worldwide and contribute to the safety and security of transportation, data, people and countries.
Through its e-Documents Division, Morpho is a pioneer and a global leader in the smart card industry. It develops and implements cutting-edge technology to turn the vision of unbounded mobile communications and integrated digital security into a reality. The Division’s portfolio includes hardware, software, consulting and services, all focused on smart cards for the benefit of consumers and providers in the telecommunications, health, identification and banking areas.

PRESS RELEASE

02.12.2011
Sagem’s Patroller™ drone system passes qualification milestones

Paris, December 1st, 2011 Sagem (Safran group) has successfully completed a series of flight tests of its long-endurance surveillance drone, Patroller™.

These 14 test flights, carried out at the Istres air force base in southern France from September 19 to October 21, met the following objectives:

• Qualification of the aircraft’s in-flight performance, including automated landings at a steep glide slope.
• Integration of a new data link for taxiing, and a new, higher-performance imaging chain for target identification.
• Qualification of new flight control functions supporting degraded operating modes, as well as automated touchdowns in case of actuator or propulsion system failure.

The redundant avionics suite showed a significant improvement in flight safety, enabling Patroller to receive authorization from French authorities to overfly densely populated zones in controlled airspace.

The Patroller drone was also operated over the Mediterranean Sea to test operational maritime and coastal surveillance scenarios, representing missions for homeland security and to combat illegal immigration.

Sagem will be able to deliver a complete, fully operational Patroller system within 12 to 18 months.

Patroller™ is a medium-altitude, long-endurance (MALE) drone in the 1-ton class, based on an EASA-certified (European Aviation Safety Agency) aircraft. It capitalizes on technologies already developed by Sagem for the Sperwer Mk.II tactical drone, and field experience in Afghanistan. Patroller features a modular design, allowing it to carry different pod-mounted payloads, and offers flight endurance of 20 to more than 30 hours, at a maximum altitude of 25,000 feet. Designed for a wide range of defense and homeland security long-endurance surveillance missions, it also keeps operating costs under control.

Sagem, a high-tech company in the Safran group, holds world or European leadership positions in optronics, avionics, electronics and safety-critical software for both civil and military markets. Sagem is the No. 1 company in Europe and No. 3 worldwide for inertial navigation systems (INS) used in air, land and naval applications. It is also the world leader in helicopter flight controls and the European leader in optronics and tactical UAV systems. Operating across the globe through the Safran group, Sagem and its subsidiaries employ 7 000 people in Europe, Southeast Asia and North America. Sagem is the commercial name of the company Sagem Défense Sécurité.
For more information: www.sagem-ds.com

PRESS RELEASE

06.12.2011
Malaysian Helicopter Services celebrates one Million flight hours on their Turbomeca (Safran group) fleet

Langkawi, 6 December 2011

During LIMA (Langkawi International Maritime & Aerospace Exhibition) in Malaysia, Turbomeca (Safran group) announce that its Arriel and Makila engines, powering 21 helicopters of Malaysian Helicopter Services (MHS), clock up today one Million flight hours. MHS is today the largest civil helicopter operator in Malaysia.

To date, the MHS’s fleet is deployed over six bases in Malaysia, Mauritania and Timor Leste. The Arriel and Makila engines are mainly used for offshore helicopter charter services, for which MHS is the leading provider in Malaysia since 1983.

The entire Turbomeca fleet, operated under the Turbomeca Service By the Hour contract, is flying 1,000 hours per year per engine.

In the MHS’s fleet, 26 Arriel engines are powering five S76C and seven S76C++ Sikorky helicopters, as well as one AS365N2 Dauphin Eurocopter helicopter. Since 1978, Turbomeca has produced over 10,000 Arriel engines. Between them they have accumulated more than 32 million flying hours, many while operating in extreme conditions.

The 16 Makila engines power seven AS332 Super Puma and one EC225 Eurocopter helicopters. 2,200 Makila turboshaft engines have been produced by Turbomeca to date, totaling close eight million flight hours. The Makila now powers a number of twin-engine helicopters, including Eurocopter Super Puma, Cougar and EC 725-225.

Turbomeca (Safran group) is the leading helicopter engine manufacturer, and has produced over 68 000 turbines based on its own designs since the company was founded. Offering the widest range of engines in the world and dedicated to 2,350 customers in 155 countries, Turbomeca provides a proximity service thanks to its 16 sites, 26 Maintenance Centers, 24 Repair & Overhaul Centers and 90 Field representatives and Field technicians. Microturbo, the subsidiary of Turbomeca, is the European leader in turbojet engines for missiles, drones and auxiliary power units.

PRESS RELEASE

06.12.2011
Morpho Detection Receives TSA Explosives Detection System Service Contract

Newark, Calif. – December 6, 2011 - Morpho Detection, Inc. (MDI), the explosives and narcotics detection business of Morpho, Safran group’s security unit, today announced it has received an Integrated Logistics Service (ILS) contract from the Transportation Security Administration (TSA) for maintenance of its explosives detection systems (EDS).

Under the contract, Morpho Detection will deliver significant cost improvements on legacy EDS systems while increasing operational performance and reliability. It was awarded for a base year and three option years. Minimum value is $71 million with a not-to-exceed amount of $466 million.

The sole source contract covers acquisition of Performance Based Logistics (PBL) services including preventative, corrective, and expected maintenance actions to sustain deployed EDS and other ancillary equipment. The contract includes these services on the entire existing operating fleet of government owned MDI EDS units.

“Morpho Detection is pleased TSA has chosen our business to continue to meet its rigorous standards for equipment maintenance and service,” said Brad Buswell, president and CEO, Morpho Detection, Inc. “With MDI’s improved service delivery model, we will deliver operational performance, system reliability and operational cost savings for TSA, which will benefit airports, airlines and their passengers.”

Under the new contract, Morpho Detection’s improved service delivery model will enhance operational performance and system reliability while reducing operational costs for the federal government. Throughout the four-year contract period, Morpho Detection is committed to work with TSA towards its mission of efficiency improvements across its distributed security network.

For more information on Morpho’s detection products, visit www.morpho.com/detection.

About Morpho Detection, Inc.
Morpho Detection, Inc., part of Morpho, a business of the Safran group (PAR: SAF), is a leading supplier of explosives and narcotics and chemical, biological, radiological, and nuclear (CBRN) detection systems for government, military, air and ground transportation, first responder, critical infrastructure and other high-risk organizations. Morpho Detection integrates computed tomography (CT), Raman Spectroscopy, trace (ITMS™ technology), X-ray and X-ray Diffraction technologies into solutions that can make security activities more accurate, productive and efficient. With the 2011 acquisition of Syagen Technology, Inc., the Morpho Detection portfolio now includes mass spectrometry products and technology for high-speed molecular analysis for a broad range of chemical analysis applications, ranging from homeland security to pharmaceutical analysis. With industry-leading products such as the Itemiser® DX trace detection system, the CTX line of explosive detection systems (EDS), and the StreetLab® Mobile hand-held chemical and biological substance identification unit, Morpho Detection’s solutions are deployed to help protect people and property the world over.

PRESS RELEASE

08.12.2011
MTU Aero Engines and Sagem (Safran group) intend to form joint venture for safety-critical software and hardware development

Munich, Germany, December 8, 2011

– MTU Aero Engines and Sagem have signed a Memorandum of Understanding (MoU) to form a joint venture in the field of the development of safety-critical software and hardware for military and civil aviation applications. Located at the MTU campus in Munich, Germany, the new company is planned to start its operations in 2012. The 50/50 joint venture will gather some 200 engineers, mainly from the current MTU organization. Main products will include safety-critical engine controls for programs such as TP400-D6 for the A400M military transport aircraft, as well as further safety-critical hardware and software solutions such as controls for landing gear, braking, monitoring information systems.

“Our intention is to provide a sustainable perspective for our joint hardware and software skills and activities, while military budgets are decreasing. Together with Sagem, through its Safran Electronics Division, the JV can access a wider range of market segments and additional third party business”, explained MTU CEO Egon Behle. “The German-French joint venture facilitates an efficient and long-term safeguarding of contractual commitments and offers access to a variety of future development projects in the aerospace and defense industry. Last but not least, the company will offer optimal job opportunities for its employees,” said Behle.

According to Philippe Petitcolin CEO of Sagem “this Franco-German JV will constitute an important step towards European consolidation of the sector and a high-quality vehicle to better answer to our customers in the context of pan-European programs and projects.”

***

Sagem (Safran group)
Communication directorate
Le Ponant de Paris
27, rue Leblanc
78 812 Paris cedex 15
tél : 33 (1) 58 11 19 49

PRESS RELEASE

08.12.2011
Messier-Bugatti-Dowty and Barfield announce two cooperation agreements

Miami, December 8, 2011 – Messier-Bugatti-Dowty (Safran Group), the world leader in aircraft landing and braking systems and Barfield, US subsidiary of Sabena technics Group, 3rd independent MRO worldwide, have signed two agreements, in which:

• Barfield will contract the repair of hydraulic equipment to Messier-Bugatti-Dowty’s facility in Queretaro, Mexico.
• Messier-Bugatti-Dowty will subcontract exclusively to Barfield for the maintenance of electromechanical equipment, covering all of North America.

Bruno Chiarelli, Executive Vice-President of the Messier-Bugatti-Dowty MRO Division said: “We are delighted to sign these two agreements, which will strengthen and expand our repair capabilities in North America.”

Christophe Bernardini, CEO of Sabena technics and Frederic Denise, COO of Barfield added: “Such agreements with the manufacturer of an extensive portfolio of hydraulic equipment will bring us the benefit of Messier-Bugatti-Dowty’s OEM expertise and will be a major asset for our service offerings.”

About Messier-Bugatti-Dowty
Messier-Bugatti-Dowty (Safran group), is the world leader in aircraft landing and braking systems. Company capabilities encompass the full life cycle of our products, ranging from design and manufacture to in-service support, repair and overhaul. Messier-Bugatti-Dowty is a partner to 33 leading commercial, military, business and regional airframers, and supports more than 22,000 aircraft making over 35,000 landings every day. The company employs 6,250 staff working in locations across Europe, North America and Asia. For more information, please visit www.safranmbd.com

About Barfield, a Sabena technics company
Established in 1945, Barfield is an authorized repair facility for major European and U.S. original equipment manufacturers (OEMs). Its repair and overhaul capabilities include hydraulics, avionics, instruments, accessories and crew seats for Airbus and Boeing airlines, regional and business aircraft as well as helicopters.
Sabena technics is a leading independent MRO (maintenance, repair & overhaul) provider of maintenance services to civil and military aircraft operators. The group operates under the brands Sabena technics, Sabena technics training, Barfield and equally benefits from a joint venture specialized in hydraulic repair named Hydrep. Our group employs over 3,000 persons across its 17 sites worldwide. Our services are organized into five major activities: Airframe services, which includes the activity VIP completion, Component services, Integrated services, Military services and Training services, based on the basic principle of meeting our customers’ requirements.

PRESS RELEASE

12.12.2011
Messier-Bugatti-Dowty (Safran group) appoints Gilles Garczynski Executive Vice President, Human Resources

Vélizy, December 12, 2011

Messier-Bugatti-Dowty (Safran group) has appointed Gilles Garczynski, as Executive Vice President, Human Resources. He replaces Stéphane Legrand, who has transferred to another position within the Safran group.

Gilles Garczynski, 48, is a graduate from IEP Paris (Institut d’Etudes Politiques). He also holds two Masters Degrees in Labor law and Civil law.   He began his career at Labinal in 1989, as Employee Relations and International mobility manager. In 1993, he joined the Bull Group as HR Director and Site manager of its Angers, France facility. In 1998, he was appointed deputy Vice President, Human Resources of EADS Astrium, in charge of the French Satellite activity and the international Space Infrastructure/Equipment and Sub-Systems Divisions.

In 2003, he joined the Thales Group as VP, Human Resources, for Airborne Systems, and later took over the position of Vice President, Human Resources for the Naval Division in 2004. Prior to joining Messier-Bugatti-Dowty, Gilles was Executive Vice President, Human Resources of CGGVeritas since 2010.

Messier-Bugatti-Dowty (Safran group), is the world leader in aircraft landing and braking systems. Company capabilities encompass the full life cycle of our products, ranging from design and manufacture to in-service support, repair and overhaul. Messier-Bugatti-Dowty is a partner to 33 leading commercial, military, business and regional airframers, and supports more than 22,000 aircraft making over 35,000 landings every day. The company employs 6,250 staff working in locations across Europe, North America and Asia.

PRESS RELEASE

13.12.2011
Southwest Airlines Launches LEAP-1B-Powered 737 MAX

DALLAS, Texas — 13 December 2011

• Engine order valued at $4.7 billion U.S.
• CFM bringing revolutionary technologies to 737 MAX
• Extends 30-year relationship with Southwest

Southwest Airlines today formally launched CFM International’s advanced LEAP-1B engine on the Boeing 737 MAX with a firm order for 150 airplanes. In addition, the airline expanded its current order book with an order for 58 additional CFM56-7BE-powered Next-Generation 737-800s. The total engine order is valued at approximately $4.7 billion U.S. at list price.

Both the LEAP-1B and CFM56-7BE engines are products of CFM International (CFM), a 50/50 joint company between Snecma (Safran group) and GE. The new airplanes will begin delivery in 2017.

“Boeing and CFM have created an aircraft and engine platform that is uniquely optimized and the LEAP-1B is the focal point of that effort,” said Mike Van de Ven,” executive vice president and Chief Operating Officer of Southwest Airlines. “We have a 30-year history of exceptional reliability, fuel efficiency, and ongoing innovation with CFM engines. I have tremendous confidence in the LEAP-1B to bring those same results to our future fleet.”

In 1981, Southwest Airlines played a pivotal role in CFM’s history by launching the CFM56-3 engine as the sole powerplant for what is now called the Boeing 737 Classic. In 1993, the airline launched the CFM56-7B as the sole powerplant on the Boeing Next-Generation 737. Today, the airline is CFM’s largest commercial customer, operating a fleet of more than 700 CFM56-powered 737s.

“We are obviously thrilled that Southwest Airlines is launching the LEAP-1B,” said Jean-Paul Ebanga, president and CEO of CFM. “We appreciate the confidence this order shows in our products and in our team’s ability to deliver the industry’s most advanced technology.”

“This order from Southwest launches a terrific new chapter in our relationship,” said Kevin McAllister, vice president of Global Sales for CFM parent company GE Aviation. “Much of the success that CFM has enjoyed over the past three decades is directly attributable to our relationship with this airline. Their involvement in the development of the CFM56-7B engine helped us produce a high quality, highly reliable, cost-efficient product; their input into the final configuration of the LEAP-1B will be invaluable. Our commitment to Southwest for the next 30 years is that every member of the CFM team will prove, every day, that they made the right decision.”

LEAP engines incorporate revolutionary technologies never before seen in the single-aisle aircraft segment. The new engine combines advanced aerodynamic design techniques, lighter, more durable materials, and leading-edge environmental technologies, making it a major breakthrough in engine technology.

As a result, operators of the 737 MAX will achieve 10 – 12 percent lower fuel burn compared to today’s best CFM56-powered 737; an equivalent reduction in carbon emissions; a 50 percent reduction in NOx emissions versus current ICAO CAEP/6 requirements; a 75 percent reduction in the aircraft noise footprint; all while maintaining the benefits of CFM’s legendary reliability and low maintenance costs.

Boeing launched the 737 MAX program with the LEAP-1B in August 2011 and, in November, the two companies announced that the LEAP-1B will have a 68-inch fan. During 2012, the engine design will be optimized for the new 737. CFM and Boeing had been working together for several years to evaluate engine configurations for both re-engined, as well as potential new aircraft to replace the Next-Generation 737 family. To date, Boeing has received commitments for more than 900 LEAP-1B-powered 737 MAX airplanes from 13 customers worldwide.

Since its introduction into commercial service in 1998 with Southwest Airlines, the CFM56-7B-powed Boeing 737 has become the best-selling engine/airplane in aviation history. Total orders stand at more than 6,600 aircraft, of which more than 3,800 have been delivered to about 190 operators.

All of the engines powering Southwest’s Next-Generation 737-800s will be the CFM56-7BE configuration. The enhanced airplane/engine combination provides a 2 percent improvement in fuel consumption, which, in turn, equates to a 2 percent reduction in carbon emissions. Additionally, the enhanced -7BE will provide up to 4 percent lower maintenance costs, depending on the thrust rating. The engine entered service in July 2011 and more than 130 aircraft have been delivered to operators around the globe. The fleet has logged more than 125,000 engine flight hours without a single engine-related issue.

About Southwest Airlines:
With 40 years of service, Southwest Airlines Co. (Southwest), a low-fare major domestic airline, continues to differentiate itself from other low-fare carriers, offering a reliable product with exemplary Customer Service. Southwest was incorporated in Texas and commenced Customer Service on June 18, 1971 with three Boeing 737 aircraft serving three Texas cities - Dallas, Houston, and San Antonio. Today, Southwest is the nation’s largest carrier in terms of originating domestic passengers boarded serving 72 cities in 37 states. On May 2, 2011, Southwest completed the acquisition of AirTran Holdings, Inc., and now operates AirTran Airways as a wholly owned subsidiary. Southwest has among the lowest cost structures in the domestic airline industry, consistently offers the lowest and simplest fares, and has one of the best overall Customer Service records.

PRESS RELEASE

15.12.2011
Safran’s Human Resources policy New agreement with unions reflects focus on jobs and skills planning

Paris, December 15, 2011

The Safran group signed an agreement with four major unions (CFDT, CFTC, CFE-CGC and FO) on November 24, concerning jobs and skills planning in France. The agreement will be extended to cover Safran’s European facilities within three years.

Facing new economic and technological challenges, Safran is implementing this approach to anticipate changing job requirements at Group companies, and make sure it deploys the appropriate human resources to meet these challenges. Safran gives all employees the possibility of developing their own career paths, reconciling personal and corporate objectives to support enhanced innovation and competitiveness.

"Fostering the personal and professional development of all our employees while meeting our corporate needs is a top priority for Safran," said Jean-Luc Bérard, Vice President for Human Resources. "Today, we want to go even further, by anticipating changes in our professions and by securing our people’s career paths. Safran therefore plans to facilitate mobility within the Group and bolster our employees’ skills through training programs."

The latest agreement with unions on jobs and skills planning has four main facets:

• Organization of information on corporate strategy and Safran’s medium- and long-term outlook, as well as its employment and skills policy.
• Based on a corporate reference system, analyzing current resources and projected changes in jobs and skills requirements, then developing an associated action plan. This analysis will be carried out by a Group committee created by this agreement, with equal representation of labor and management.
• Supporting the development and protection of career paths within the Safran group.
• Building solid foundations for the future based on a commitment to corporate social responsibility (CSR) and solidarity.

Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Safran group has more than 54,000 employees and generated sales of 10.8 billion euros in 2010. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.2 billion euros in 2010. Safran is listed on NYSE Euronext Paris and its share is part of the CAC 40.

PRESS RELEASE

15.12.2011
Safran: in search of the White Bird

Paris, December 15, 2011

Safran has signed a two-year partnership agreement with the association La Recherche de l’Oiseau Blanc ("In Search of the White Bird"). It will be participating in search operations off the coast of Saint-Pierre-et-Miquelon, to find the wreckage of the Oiseau Blanc (White Bird), the legendary plane flown by French pilots Charles Nungesser and François Coli, that may have crossed the Atlantic 12 days before Lindbergh in 1927.

The association has made considerable progress over the last four years, but now needs further financial and technical resources to provide incontrovertible proof that the French crew was indeed the first to have flown across the Atlantic non-stop.

Safran will be helping the association on its fourth search campaign to find the Lorraine-Dietrich engine that powered the White Bird and is one of the cornerstones of Safran’s heritage*. The association will be directing a team of divers and engineers off the coast of Saint-Pierre-et-Miquelon to carry out a new series of searches.

Safran Chairman and CEO Jean-Paul Herteman said: "As a French aircraft engine maker, and because of our historical ties with Lorraine-Dietrich, we felt it was our duty to participate in the search for the White Bird. The Lorraine-Dietrich was an exceptional engine, offering unrivaled performance at the time. By looking for the aircraft’s engine, Safran is in fact seeking to find a piece of our own history."

"I’m very proud that a company like Safran is working with our association on a project that I consider a key to our shared history," added Bernard Decré, president of the association "In Search of the White Bird". "Our partnership with Safran is not only financial, but reflects a real team approach to solving an 84-year old mystery, one that could change the history of aviation."

A Lorraine-Dietrich engine currently stored at the Le Bourget Air and Space Museum should shortly be transferred to the collection of the Safran Aerospace Museum in Villaroche, near Paris.

* The company Lorraine-Dietrich was founded in 1871. It built automobiles and rolling stock, then heavy machinery and aircraft engines. It was acquired by Gnome & Rhône in 1941. In 1945, Gnome & Rhône was nationalized, along with other French engine-makers reaching back to the dawn of aviation, and renamed Snecma. Snecma merged with Sagem in 2005, creating the Safran group.

Lorraine-Dietrich aircraft engines: selected achievements from 1927 to 1930

1927

• First crossing of the South Atlantic (on a night flight) by a twin-engine seaplane, piloted by Portuguese captain Sarmiento de Beires, during his exploration of South America.
• Pilots Challe and Rapin fly from Paris to Saigon (12,000 km) in nine days.

1928

• Lieutenant Lassalle and Warrant Officer Duroyon fly a Potez airplane 14,000 kilometers in five days, on round trips between Paris-Oslo, Paris-Madrid, Paris-Warsaw, Paris-Rome and Paris-Lisbon.

1929

• Pilots Paillard, Le Brix and Jousse fly from Paris to Calcutta (11,000 km) in five days.
• Three Dutch navy twin-engine Dornier seaplanes fly from the Netherlands to Indonesia (16,000 km), making the first air crossing of the Indian Ocean (1,620 km).
• The CAMS 37 seaplane mail carrier makes eight trips from the Ile de France ocean liner to the American and French coasts, saving up to 48 hours in mail distribution.

1930

• Potez airplanes make round-trip weekly mail runs between Buenos Aires and Santiago de Chile (1,200 km), each time crossing the Andes mountain chain at an altitude of over 16,000 feet, under very difficult conditions: -50° temperature, snow storms, violent wind gusts, etc.

Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. _ Operating worldwide, the Safran group has more than 54,000 employees and generated sales of 10.8 billion euros in 2010. Working alone or in partnership, Safran holds world or European leadership positions in its core markets.
The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.2 billion euros in 2010. Safran is listed on NYSE Euronext Paris and its share is part of the CAC 40.

PRESS RELEASE

15.12.2011
A first in Europe: Snecma and CNRS successfully test high-power electric thruster for spacecraft (20kW)

Courcouronnes, December 15, 2011.

Snecma (Safran group) and French national scientific research agency CNRS have successfully carried out a series of tests on the prototype of a 20 kilowatt Hall effect thruster for spacecraft (also called a stationary plasma thruster, or SPT), designed by Snecma.

Achieving this level of power using Hall effect technology is a first in Europe. With 20 kW of electrical power, it is 13 times more powerful than the current production model, the PPS® 1350.

Its performance during testing is world-class. In particular, this new electric thruster has demonstrated its ability to generate variable thrust, at 30 to 100% of maximum thrust of 1050 mN, with excellent efficiency.

These results pave the way for new space applications of this electric propulsion technology, for both space exploration and orbital injection methods for satellites. Furthermore, Hall effect propulsion is very environmentally friendly, offering much lower fuel consumption than conventional chemical propulsion systems.

The tests were carried out on the Pivoine test rig at the CNRS Icare laboratory in Orléans, central France. Built in 1997, the test rig was co-funded by French space agency CNES, the local region and Snecma. It was initially designed to test 1.5 kW thrusters, but was modified in 2011 to enable testing thrusters in the 20 kW class, and measure their corresponding thrust levels.

Both the thruster construction and the tests were carried out within the scope of the HiPER (High Power Electric Propulsion) project, supported by the European Union through the 7th R&D Framework Program.

Snecma has developed, integrated, produced and tested propulsion systems for satellites for nearly 40 years at its Space Engines division in Vernon, west of Paris, with the support of CNES and the European Space Agency (ESA). A pioneer in electric propulsion in Europe, Snecma is now the European leader in this field.

Snecma’s PPS® 1350 plasma thruster propelled ESA’s Smart-1 probe from Earth orbit to lunar orbit from 2005 to 2007. Rated at 1.5 kW and developing thrust of 90 mN, this thruster is particularly well suited to orbital control on geostationary satellites. In particular, it equips the Alphasat satellite developed by Thales Alenia Space, ready for launch in 2012.

Snecma (Safran group) is one of the world’s leading manufacturers of aircraft and space engines, with a wide range of propulsion systems on offer. The company designs and builds commercial aircraft engines - including the CFM56* world leader - that are powerful, reliable, economical and environmentally friendly, along with military aircraft engines that have always delivered world-class performance. Snecma also develops and produces propulsion systems and equipment for launch vehicles and satellites. EngineLife®, a new brand for Snecma’s service business, offers a complete range of engine maintenance, repair and overhaul (MRO) services to airlines, armed forces and operators.

*CFM56 engines are produced and marketed by CFM International, a 50/50 joint company between GE and Snecma.

PRESS RELEASE

15.12.2011
Distribution of an interim dividend of €0.25 per share for 2011

Paris, December 15, 2011 - Safran’s Board of Directors (NYSE Euronext Paris: SAF) which met today has decided to pay an interim 2011 dividend of approximately Euro 103 million (Euro 0.25 per share).

This interim dividend will have an ex-date on December 19, 2011 and a payment date on December 22, 2011.

Upcoming events

• FY 2011 results : February 23, 2012
• AGM : May 31, 2012
  
  
  * * *
  
  
  
  Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Safran group has more than 54,000 employees and generated sales of 10.8 billion euros in 2010. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.2 billion euros in 2010. Safran is listed on NYSE Euronext Paris and its share is part of the CAC40 index.
  For more information, www.safran-group.com / Follow @SAFRAN on Twitter

PRESS RELEASE

20.12.2011
Alan Hood’s appointment Managing Director Aircelle Ltd

Le Havre, France, December 20, 2011

Effective 1st December 2011, Alan Hood has been appointed Managing Director, for Aircelle Ltd, an Aircelle (Safran group) subsidiary located in Burnley, Lancashire - United Kingdom. He succeeds Andrew White who has moved to another position within Safran Group. Alan Hood will report directly to Vincent Mascré, Aircelle CEO.

Alan Hood holds a B.Sc (Hons) in chemistry from the University of Birmingham & a Diploma in Manufacturing Management from the University of Warwick as well as being a Fellow of the Chartered Institute of Management Accountants. After university, he spent six years working in R&D on polymers and paint technology used in Automotive OEM applications working for Turner & Newall and Courtaulds. He then worked for PPG Industries Inc holding roles of Cost Accountant, Financial Analyst & Management Accountant before holding the position of European Finance Director for firstly their Industrial Coatings business based in Paris and then their Fibre Glass business based in the UK. Alan Hood joined Aircelle Ltd in May 2006 as Finance Director.

Aircelle is a leader in the worldwide nacelle market for aircraft engines. A subsidiary of the Safran group, it employs nearly 3,000 people on seven sites in France, the United Kingdom and Morocco. Aircelle is the only nacelle manufacturer in the world present on all the market segments, from regional and business aircraft to the largest airliners, including the Airbus A380. Aircelle also is developing the worldwide customer support and service activity for nacelles and their components. _
For more information : www.aircelle.com

PRESS RELEASE

20.12.2011
Safran and Thales sign optronics partnership agreement

Paris, December 20, 2011 – Thales and Safran today signed a Memorandum of Understanding to create an equally-owned joint venture for optronics (electro-optical) systems and equipment. French defence minister Gérard Longuet attended the signing ceremony.

Through this joint venture Thales and Safran will combine their respective areas of expertise in optronics, and expand their offering of products and services to cover emerging needs for new defence systems, including both modernization programs and original equipment. The new systems under consideration include the optronics pod for the modernized Atlantique 2 maritime patrol aircraft, the imaging system for the upcoming French-British MALE (medium altitude, long endurance) drone, modular optronics systems for army land vehicles, and optronics for tomorrow’s helicopters. The partnership will be in the form of a joint venture covering technical, commercial and program aspects, with the industrial assets remaining under the control of the two parent companies.

Through this partnership, Thales and Safran are aiming to strengthen the national technology base for infrared (IR) detectors, whose cost-effectiveness is a key to the competitiveness of optronic systems. They also intend to strengthen their jointly owned subsidiary Sofradir, in which each company has a 40% stake, to meet their own strategic needs, as well as to expand its presence in the open international market, which remains a key to ensuring the economic viability of this technology. Safran and Thales will eventually transfer to this new partnership the infrared detector technologies that they are currently developing within their own units.

Thales Chairman and CEO Luc Vigneron paid tribute to "a win-win partnership which will deliver best-in-class technologies to our customers, and bolster our position in international markets."

Safran Chairman and CEO Jean-Paul Herteman added: "I am delighted to sign this future-looking partnership, which enables us to avoid duplicating major funding, and also brings together the top skills in this field, fostering dynamic synergies between our teams."

Thales is a global technology leader for the Defence & Security and the Aerospace & Transport markets. In 2010, the company generated revenues of €13.1 billion with 68,000 employees in 50 countries. With its 22,500 engineers and researchers, Thales has a unique capability to design, develop and deploy equipment, systems and services that meet the most complex security requirements. Thales has an exceptional international footprint, with operations around the world working with customers as local partners.
For more information, www.thalesgroup.com

Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Safran group has more than 54,000 employees and generated sales of 10.8 billion euros in 2010. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.2 billion euros in 2010. Safran is listed on NYSE Euronext Paris and its share is part of the CAC 40 index.
For more information, www.safran-group.com / Follow @SAFRAN on Twitter

PRESS RELEASE

20.12.2011
Safran and Thales sign optronics partnership agreement

Paris, December 20, 2011 – Thales and Safran today signed a Memorandum of Understanding to create an equally-owned joint venture for optronics (electro-optical) systems and equipment. French defence minister Gérard Longuet attended the signing ceremony.

Through this joint venture Thales and Safran will combine their respective areas of expertise in optronics, and expand their offering of products and services to cover emerging needs for new defence systems, including both modernization programs and original equipment. The new systems under consideration include the optronics pod for the modernized Atlantique 2 maritime patrol aircraft, the imaging system for the upcoming French-British MALE (medium altitude, long endurance) drone, modular optronics systems for army land vehicles, and optronics for tomorrow’s helicopters. The partnership will be in the form of a joint venture covering technical, commercial and program aspects, with the industrial assets remaining under the control of the two parent companies.

Through this partnership, Thales and Safran are aiming to strengthen the national technology base for infrared (IR) detectors, whose cost-effectiveness is a key to the competitiveness of optronic systems. They also intend to strengthen their jointly owned subsidiary Sofradir, in which each company has a 40% stake, to meet their own strategic needs, as well as to expand its presence in the open international market, which remains a key to ensuring the economic viability of this technology. Safran and Thales will eventually transfer to this new partnership the infrared detector technologies that they are currently developing within their own units.

Thales Chairman and CEO Luc Vigneron paid tribute to "a win-win partnership which will deliver best-in-class technologies to our customers, and bolster our position in international markets."

Safran Chairman and CEO Jean-Paul Herteman added: "I am delighted to sign this future-looking partnership, which enables us to avoid duplicating major funding, and also brings together the top skills in this field, fostering dynamic synergies between our teams."

Thales is a global technology leader for the Defence & Security and the Aerospace & Transport markets. In 2010, the company generated revenues of €13.1 billion with 68,000 employees in 50 countries. With its 22,500 engineers and researchers, Thales has a unique capability to design, develop and deploy equipment, systems and services that meet the most complex security requirements. Thales has an exceptional international footprint, with operations around the world working with customers as local partners.
For more information, www.thalesgroup.com

Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Safran group has more than 54,000 employees and generated sales of 10.8 billion euros in 2010. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.2 billion euros in 2010. Safran is listed on NYSE Euronext Paris and its share is part of the CAC 40 index.
For more information, www.safran-group.com / Follow @SAFRAN on Twitter

PRESS RELEASE

22.12.2011
Emeric d’Arcimoles named Chairman of the Board of Techspace Aero

Paris, December 22, 2011

Emeric d’Arcimoles was named Chairman of the Board of Techspace Aero on December 6, 2011, replacing Jean-Jacques Verdickt. Techspace Aero makes aircraft and rocket engine parts, modules and test stands. It is owned by Safran (67%), the Walloon region of Belgium, via the company Wespavia (31%), and the Belgian government, via the Société Fédérale d’Investissement et de Participation (2%). Yves Prete has been President and Chief Executive Officer of the company since January 1, 2011.

Emeric d’Arcimoles, 63, holds a doctorate in aerothermodynamics. He started his career at Snecma’s military aftersales support unit in 1974, and was named head of support for the M53 combat aircraft engine (Mirage family), three years later. In 1979 he became head of the subcontracting department at Snecma’s Gennevilliers plant. He took over production management for the plant in 1982, and was appointed head of the blade machining unit in 1986. In 1990 Emeric d’Arcimoles moved to Hispano-Suiza as head of the Bois-Colombes plant. He was named director of the Aircraft Equipment division in 1994, then President and CEO of Techspace Aero from 1997 to March 2001. He was then named Chairman and CEO of Turbomeca. In 2007 he added the positions of Chairman and CEO of Microturbo, also a Safran company, and Chairman of RRTM, the joint company of Rolls-Royce and Turbomeca. In April 2008 he was named Executive Vice President of the Safran group, in charge of International Development. Since June 2011, Emeric d’Arcimoles has been a senior advisor to the Chairman and CEO of Safran, Jean-Paul Herteman, and is also the Group’s Vice President for Government Relations, Southwest zone.

PRESS RELEASE

Labinal selected by Embraer “Supplier of the year – Hardware category”

Press Contact

Marie FAGES

Tel:05.34.600.120

Email:marie.fages@fr.labinal.com

Blagnac (France) January 14th 2011

Labinal (Safran group) has been awarded the “Embraer Supplier of the Year Award – Hardware category”. Labinal has worked diligently to support and provide high quality products and services for the Phenom 100 program since the beginning of 2008. This award is a recognition for Labinal Engineering, Manufacturing and Services teams on Embraer sites and in Labinal Mexico plant where Embraer activities are gathered.

“This is a significant achievement for Labinal. Embraer is a very important customer for us and we look forward to continuing in our support and partnership with Embraer,” said Karen Bomba, Labinal Chairman and CEO.

***

About Labinal
One of the Safran group’s high tech companies, Labinal is a world leader in the field of electrical wiring systems – and studies in their engineering and associated technology – for the aviation, space and defense markets. The company’s unmatched expertise is founded on decades of design, development and manufacturing success with long-term partnerships with the leading aerospace companies. Labinal’s industrial activities, market segment oriented and customer-driven, are organized in four Divisions: Europe Wiring, North America Wiring, Safran Engineering Services and Labinal Services.

About Embraer
Embraer (Empresa Brasileira de Aeronáutica S.A. - NYSE: ERJ; Bovespa: EMBR3) is the world’s largest manufacturer of commercial jets up to 120 seats, and one of Brazil’s leading exporters. Embraer’s headquarters are located in São José dos Campos, São Paulo, and it has offices, industrial operations and customer service facilities in Brazil, the United States, France, Portugal, China and Singapore. Founded in 1969, the Company designs, develops, manufactures and sells aircraft for the Commercial Aviation, Executive Aviation, and Defense and Government segments. The Company also provides after sales support and services to customers worldwide.

Labinal to supply Full Fuselage Wiring System on Airbus A380 for the whole life of the Program

Press Contact:

Marie FAGES

Tel : +33(0)5.34.600.120
Email:marie.fages@fr.labinal.com

Blagnac, January 17th, 2011 On the verge of an important production ramp up, due to the commercial success of the A380, Airbus and Labinal have signed a contract related to the full fuselage electrical wiring system. This contract supports a global Airbus plan to reduce lead times and costs. With a strong focus on quality, this agreement lays the foundation for the optimization of processes and tools.

Airbus awarded to Labinal a program with an End-to-End scope, from early design and modification, through manufacturing and services, and, most importantly, the contract is for the life of the Airbus A380 program.

“The Labinal teams are very proud that Airbus has renewed its confidence in our ability to provide support in Airbus’ very ambitious objectives. This long term relationship is ideal for accelerating improvement,” says Karen Bomba, Labinal Chairman and CEO.

***

About Labinal
One of the Safran group’s high tech companies, Labinal is a world leader in the field of electrical wiring systems – and studies in their engineering and associated technology – for the aviation, space and defense markets. The company’s unmatched expertise is founded on decades of design, development and manufacturing success with long-term partnerships with the leading aerospace companies. Labinal’s industrial activities, market segment oriented and customer-driven, are organized in four Divisions: Europe Wiring, North America Wiring, Safran Engineering Services and Labinal Services.

Sagem wins contract for 1,175 JIM LR 2 new-generation long-range multifunction infrared binoculars, to be deployed by French armed forces

Contact presse

Philippe Wodka-Gallien

Relations presse

Tél.: +33 (0)1 58 11 19 49

E-Mail : philippe.wodka-gallien@sagem.com

Paris, January 18, 2011

French defense procurement agency DGA announced that, following international competitive bidding, it had awarded a contract to Sagem (Safran group) for 1,175 JIM LR 2 new-generation long-range multifunction infrared binoculars, intended for the French armed forces. This contract is part of the “JIR-TTA-NG” program to acquire new-generation infrared binoculars for deployment by all services of the armed forces.

JIM LR 2 binoculars are designed for threat detection, precision target designation and intelligence gathering for front-line and command units. As an integral part of the digital battlefield, JIM LR 2 will be interoperable with the command and coordination systems used in the FELIN (1) integrated suite for dismounted soldiers.

JIM LR 2 is a portable all-in-one unit, combining day/night (thermal) vision, range-finding, laser pointer, compass, GPS and data transmission. It draws on operational feedback generated by the Sagem JIM LR (Long Range), and is directly derived from this original unit. While maintaining the same hardware and ergonomic design, the JIM LR 2 unit offers several improvements:

• increased detection and identification range;
• increased target designation range, thanks to a more powerful pointer;
• image fusion between the visible and infrared channels, to see through camouflage during the daytime, and for all-weather vision, especially through smoke;
• recording of videos and images via a USB port.

The contract also includes 500 remote-control tactical terminals, offering enhanced ergonomics and compact design, with a new A4 size tablet.

The deployment of these JIM LR 2 systems will be able to call on the Level 1 and 2 support network already in service for the JIM LR system. Sagem will also provide training for users and maintenance staff.

Reflecting the combined expertise of Sagem and its Swiss subsidiary Vectronix, JIM LR are already deployed by several NATO countries. This latest contract now brings the total number of JIM LR units in service or on order by armed and security forces to 4,500, including more than 2,000 by French armed forces.

1) Fantassin à Equipements et Liaisons Intégrés (or Dismounted Soldier System)

* * *

Sagem, a high-tech company in the Safran group, holds world or European leadership positions in optronics, avionics, electronics and safety-critical software for both civil and military markets. Sagem is the No. 1 company in Europe and No. 3 worldwide for inertial navigation systems (INS) used in air, land and naval applications. It is also the world leader in helicopter flight controls and the European leader in optronics and tactical UAV systems. Operating across the globe through the Safran group, Sagem and its subsidiaries employ 6,900 people in Europe, Southeast Asia and North America. Sagem is the commercial name of the company Sagem Défense Sécurité.
For more information: www.sagem-ds.com

Thomas Cook Selects CFM56-5B to Power New A321s in $200 Million Engine Order

For more information, contact:

Jamie Jewell

513.552.2790

jamie.jewell@ge.com

Mobile: 513.885.2282

Rick Kennedy

513.243.3372

rick.l.kennedy@ge.com

Mobile: 513.607.0609

Antoinette Menard

33.1.69.87.09.28

antoinette.menard@snecma.fr

Mobile : 33.6.74.78.10.65

West Chester, Ohio — 25 January 2011 — Thomas Cook Group today announced that it has selected the CFM56-5B engine to power 12 Airbus A321 aircraft scheduled for delivery in 2014. The engine order is valued at more than $200 million U.S. at list price. The new airplane order was signed earlier today.

In addition to the firm aircraft order, Thomas Cook Group also plans to lease CFM56-5B-powered A320 family aircraft from operating lessors.

Thomas Cook Group plc is one of the worlds leading leisure travel groups and operates a total fleet of more than 90 aircraft and carries 17 million passengers each year. The fleet is split into four airlines: the UK airline, the German airline flying under the Condor brand, the Scandinavian and Belgian airlines.

All of Thomas Cook’s new CFM56-5B engines will incorporate an engine performance improvement package. The modifications will reduce engine fuel consumption by 0.5 percent and lower maintenance costs by 1 percent.

The CFM56-5B PIP is currently undergoing flight tests at Airbus and is scheduled for certification in the second quarter 2011. Airline entry into service is planned for the third quarter 2011. The engine will maintain the same noise signature as the current production engine. These engines also meet current International Civil Aviation Organisation (ICAO) Committee of Aviation Environmental Protection standards (CAEP /6) requirements.

CFM56-5B engines are a product of CFM International, a 50/50 joint company between Snecma (Safran group) and GE. CFM, the world’s leading supplier of commercial aircraft engines, has delivered more than 21,600 engines to date. The CFM56-5B engine powers every model of the Airbus A320 family and has been chosen to power approximately 55 percent of all A320 aircraft in service or on order.

Jacques Desclaux named Chairman and CEO of PowerJet

For more information, contact:
Antoinette Menard

Tel: +33 (0)1 69 87 09 28

Email :antoinette.menard@snecma.fr
Lyubov Kalinina

Tel:+ 7 4855 296 285

Email:lyubov.kalinina@npo-saturn.ru

Paris, February 1, 2011 – Jacques Desclaux has been named Chairman and CEO of PowerJet, replacing Jean-Paul Ebanga.

Jacques Desclaux, 55, graduated from the Ecole Centrale de Paris engineering school.

He started his career with Alstom-Atlantique, working on industrial turbomachinery, then joined the Snecma in 1984, taking part in the development of the Vulcain cryogenic engine (which powers the main stage of Ariane 5) at the Vernon plant west of Paris. In 1993 he moved to Snecma Propulsion Solide at Bordeaux, where he was first head of the MPS program (solid rocket booster for Ariane 5), then head of the solid propulsion system for the M51 strategic missile. In 1999, he was named Vice President, Production and Engineering at G2P, a joint venture between Snecma and SNPE.

In 2000, Jacques Desclaux joined Snecma’s military engine division as director of M88 operations, powerplant of the Dassault Aviation Rafale multirole fighter. From October 2003 until this latest appointment he was program and operations director then Executive Vice-President at Europrop International, the European consortium in charge of the design, development and production of the TP400 turboprop engine for the Airbus A400M military transport, comprising ITP (Spain), MTU Aero Engines (Germany), Rolls-Royce (United Kingdom) and Snecma (Safran group, France).

***

PowerJet was created in July 2004 as an equally-owned subsidiary of Snecma (Safran group, France) and NPO Saturn (Russia). It is in charge of the SaM146 program, including development, production, marketing, sales and support. In April 2003, the SaM146 was chosen by Sukhoi Civil Aircraft to power the new Superjet 100 regional jet.

Jean-Paul Ebanga Named New CFM president

For more information, contact:

Jamie Jewell

513.552.2790

jamie.jewell@ge.com

Mobile: 513.885.2282

Rick Kennedy

513.243.3372

rick.l.kennedy@ge.com

Mobile: 513.607.0609

Antoinette Menard

33.1.69.87.09.28

antoinette.menard@snecma.fr

Mobile : 33.6.74.78.10.65

West Chester, Ohio — 1 February 2011 — Jean-Paul Ebanga has been named president and chief executive officer of CFM International.

CFM International (CFM), the 50/50 joint company between Snecma (Safran group) and General Electric Company, is headquartered in West Chester, Ohio, near Cincinnati. The two parent companies have extended the 36-year-old partnership agreement to the year 2040.

Mr. Ebanga is replacing Eric Bachelet, who had served as CFM president and CEO since September 2005. Mr. Bachelet has accepted the position of Safran executive vice president of Research and Technology.

Mr. Ebanga joined Snecma in 1988 after leaving Royal Philips. His assignments at Snecma have included leadership positions in electronics, systems and aircraft engine.

In 2001, Mr. Ebanga was named vice president and general manager of Snecma Control Systems. He was subsequently appointed vice president of Snecma’s Commercial Engine Division.

Most recently, Mr. Ebanga served as chairman and CEO of PowerJet, a joint company between Snecma and Saturn (Russia). He had held that position since 2007.

Mr. Ebanga is a graduate of the ENSEM Graduate School of Engineering in France

CFM has delivered a total of more than 21,600 CFM56 engines to date, making it one of the most successful aircraft engine suppliers in history. Through December 2010, the company had received firm orders for a total of 27,500 engines.

Safran names Eric Bachelet Executive Vice President for Research & Technology

Contact Presse

Catherine Malek

Tel : +33 (0)1 40 60 80 28
Email:catherine.malek@safran.fr

Safran

2, bd du Général Martial Valin

75724 Paris Cedex 15 - France

Paris, 1st February 2011

Eric Bachelet was named Executive Vice President, Research and Technology for the Safran group on January 1, 2011. He succeeds Michel Laroche, who is retiring after a 40 year career with Safran.

Mr. Bachelet, 61, holds degrees from the Ecoles des Mines de Paris engineering school (1968) and Case Western Reserve University in the United States (1973). In 1974 he joined Snecma’s materials & processes department, part of the engineering division, where he participated in the initial design of the CFM56 engine, then in the development of materials and processes for the core of the M88 engine, powerplant of the Rafale fighter. In 1991, he moved to Snecma’s production division, then was named general manager of FAMAT, a manufacturing joint venture of GE and Snecma, in 1996. From 2001 to 2003, Eric Bachelet was Chief Operating Officer of Snecma Propulsion Solide, then Chief Operating Officer of Aircelle from 2003 to 2005. From 2005 until this latest appointment he was President of CFM International*, the 50-50 joint venture between Snecma and GE.

* Eric Bachelet is succeeded as CFM International President by Jean-Paul Ebanga.

***

Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Safran group has 55,000 employees and generated sales exceeding 10.4 billion euros in 2009. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.1 billion euros in 2009. Safran is listed on NYSE Euronext Paris and its share is part of the SBF 120 and Euronext 100 indexes.

BAE Systems selects Sagem’s Sigma 30 inertial reference unit for Archer artillery systems to be deployed by Norway and Sweden

Contact

Sagem (groupe Safran)

Philippe Wodka-Gallien

Press Manager

Tél.: +33 (0)1 58 11 19 49

E-Mail : philippe.wodka-gallien@sagem.com

Paris, February 4, 2011

Sagem (Safran group) has won a BAE Systems contract, against an international field of competitors, to provide Sigma 30 pointing and navigation units for 48 new FH77 L52 Archer(*) artillery systems to be deployed by the Norwegian and Swedish armies. Service entry is slated for late 2011 with the Nordic Battalion.

Based on digital laser digital gyro technology, Sagem’s Sigma 30 is the basis of a very-high-performance land navigation and artillery pointing system, designed to operate even under the most demanding conditions.

The Sigma 30 inertial units will be mounted directly on the 155 mm barrel. Because of their precision measurements, these units further enhance the high-level automation of the Archer artillery system, which is designed to lay down very accurate fire on short notice and at a high rate. Integrated in the artillery command and coordination systems, Sigma 30 will also enable Archer a wide range of firing options, in particular simultaneous strikes against a single target.

Sagem’s Sigma 30 inertial reference unit equips some of today’s leading artillery systems, including Caesar 155 mm truck-mounted howitzer, MLRS multiple launch rocket systems deployed by NATO countries, and the 2R2M 120 mm mobile mortar.

Sagem’s artillery solutions, already deployed by armies in more than 20 countries, cover all designation and pointing requirements, including forward observation systems, networked optronic sensors, navigation and pointing systems, fire control, computers and digital mapping.

(*)Developed by BAE Systems, Archer is a self-propelled, fully automated, latest-generation artillery system. Equipped with a 155 mm / 52 caliber gun, Archer is capable of high rates of fire, with three-shot salvos in 13 seconds, to a range of 40 km.

***

Sagem, a high-tech company in the Safran group, holds world or European leadership positions in optronics, avionics, electronics and safety-critical software for both civil and military markets. Sagem is the No. 1 company in Europe and No. 3 worldwide for inertial navigation systems (INS) used in air, land and naval applications. It is also the world leader in helicopter flight controls and the European leader in optronics and tactical UAV systems. Operating across the globe through the Safran group, Sagem and its subsidiaries employ 6,900 people in Europe, Southeast Asia and North America. Sagem is the commercial name of the company Sagem Défense Sécurité.

European certification for SMA SR305-230E diesel aircraft engine

Press contact

Marie-Laure Brulé

Tél.: +33 (0)1 60 59 83 42

Fax: +33 (0)1 60 59 43 23

E-Mail : marie-laure.brule@smasr.com

Paris, February 7, 2011

The SMA SR305-230E diesel engine for general aviation, developing 230 shaft horsepower (SHP), was certified by the European Aviation Safety Agency (EASA) on January 24, 2011. The SR305-230E logged 2,500 hours of ground and flight testing for this certification program. Based on the results of these tests, SMA guarantees Time Between Overhauls (TBO) of 2,000 hours, plus excellent dispatch reliability right from service entry, which is scheduled for early 2012.

“SMA is delighted with the announcement by the European Aviation Safety Agency. This success represents a major step forwards for this engine program. Certification of the SR305-230E by Federal Aviation Administration (FAA) of the United States is expected in the coming weeks”, said Thierry Hurtes, chairman & CEO of SMA.

Rated at 230 shaft horsepower, this engine was developed by SMA (Société de Motorisations Aéronautiques), a wholly-owned subsidiary of Snecma (Safran group). It is designed for single- or twin-engine light aircraft.

As a diesel engine purpose-designed for general aviation applications, perfectly matching the needs of aircraft manufacturers and users alike, the SR305-230E sets a new standard in this market.

The SR305-230E diesel engine uses widely available Jet A fuel, which means that customers are no longer subject to the cost and availability restrictions of Avgas, and it offers performance fully equivalent to the best gas-powered engines in this power class now on the market.

With the SR305-230E, SMA clearly marks its commitment to the continuous improvement of diesel aircraft engines, in particular with unprecedented fuel savings of 50% in relation to gas-powered engines. The design of the SR305-230E also eliminates all lead emissions and ensures a low level of carbon-dioxide (CO2) emissions.

* * *

SMA, a wholly-owned subsidiary of Snecma (Sfran group), designs, builds, sells and provides after-sales support for the SR-305 e, a piston aircraft engine running on jet A fuel. Its diesel technology (compression ignition) meets both the current and future concerns of the light aviation market. SMA’s headquarters, Customer Support Department and manufacturing plant are located in Bourges (about 150 miles south of Paris). The engineering department works on the Snecma site located in Villaroche, south-east of Paris. SMA benefits from the expertise and methodology provided by the Safran Group for aircraft engine development.

Sagem to provide avionics maintenance services on Emirates’ Airbus A330 and A340 jets

Contact

Sagem (groupe Safran)

Philippe Wodka-Gallien

Press Manager

Tél.: +33 (0)1 58 11 19 49

E-Mail : philippe.wodka-gallien@sagem.com

Paris, February 9th, 2011

Sagem (Safran group) has signed an exclusive five-year contract with Emirates, covering maintenance services for all Sagem equipment on the airline’s fleet of 37 Airbus A330 and A340 long-haul jetliners.

The contract covers all flight control systems (rudder actuators, backup energy systems) and equipment in the aircraft information system (database loading, flight data acquisition unit, flight recorder).

Sagem will give Emirates complete 24/7 AOG (Aircraft on Ground) coverage, including spare parts available worldwide, guaranteed repair services and continuous monitoring of equipment reliability.

This latest contract with a major airline further strengthens Sagem’s position in the avionics maintenance market, and clearly reflects its ability to deliver simple, flexible and cost-effective solutions tailored to the support needs of Emirates, which operates the largest fleet in the Middle East.

***

Sagem, a high-tech company in the Safran group, holds world or European leadership positions in optronics, avionics, electronics and safety-critical software for both civil and military markets. Sagem is the No. 1 company in Europe and No. 3 worldwide for inertial navigation systems (INS) used in air, land and naval applications.
It is also the world leader in helicopter flight controls and the European leader in optronics and tactical UAV systems. Operating across the globe through the Safran group, Sagem and its subsidiaries employ 6,900 people in Europe, Southeast Asia and North America.
Sagem is the commercial name of the company Sagem Défense Sécurité.

Morpho presents MorphoIDent, the best in mobile ID, la meilleure solution d’identification mobile

Press Contact

Morpho

Nathalie Jullien

Tel: +33 1 58 11 89 62

Email :nathalie.jullien@morpho.com

Paris, February 9, 2011

Morpho (Safran group) is pleased to announce the launch of MorphoIDent, the latest handheld mobile device in its line of criminal justice solutions. Designed for public safety agents and officers in the field, it enables real-time, on-the-spot identification based on fingerprint recognition technology.

MorphoIDent is a robust, pocket-sized device using state-of-the-art identification technologies. In addition to its modern design and glossy finish, it boasts user-friendly features such as intuitive pictograms, folder management, vibration alert and an easy-to-use keypad. Fingerprints are captured with an FBI certified optical PIV sensor, including real-time automated quality check, and matched against local, national or international databases. Results are displayed on the device’s large color LCD screen, giving officers fast access to critical crime solving information. MorphoIDent can be easily integrated into existing IT architecture without incurring additional infrastructure costs.

“MorphoIDent meets the need expressed by customers for compact yet reliable identification solutions for police forces on the move,” said Jean-Paul Jainsky, Chairman and Chief Executive Officer of Morpho. “With over 35 years’ experience in automated fingerprint recognition technologies, Morpho confirms its position as world leader in the field.”

MorphoIDent is well-suited for field applications such as patrolling, public gatherings, or in burglary and crime scene investigations. In addition to the FBI certified PIV sensor, it has received full EC and FCC certification.

***

About Morpho Morpho, a high-technology company in the Safran group, is one of the world’s leading suppliers of identification, detection and e-document solutions. Morpho is specialized in personal rights and flow management applications, in particular based on biometrics, a sector in which it is the world leader, as well as secure terminals and smart cards. Morpho’s integrated systems and equipment are deployed worldwide and contribute to the safety and security of transportation, data, people and countries.

IDEX 2011: Sagem showcases expanded range of defense and homeland security solutions

Contact

Sagem (groupe Safran)

Philippe Wodka-Gallien

Press

Tél.: +33 (0)1 58 11 19 49

E-Mail : philippe.wodka-gallien@sagem.com

Abu Dhabi, IDEX 2011, February 19, 2011

Sagem (Safran group) is on hand at the IDEX 2011 international defense exhibition in the United Arab Emirates, showcasing its innovative solutions designed to meet the most demanding requirements of defense and security forces. These solutions span the full spectrum of defense and security missions, including intelligence, border protection, high-intensity combat, civil security and Search & Rescue.

Characterized by high performance, Sagem’s offerings at IDEX 2011 are being shown on the Safran stand B10 (Hall 7), divided into several main areas: the FELIN integrated equipment suite and other infantry modernization solutions, optronic systems; the Sigma family of laser gyro navigation systems; homeland security; armored vehicle modernization; and the AASM precision air-to-ground guided weapon. Some of the latest products on display include:

JIM LR multifunction binoculars and upgrades
The JIM LR long-range multifunction infrared binoculars combines a number of functions in a single portable package: day-night vision, rangefinder, laser pointer, compass, GPS and data transmission. Based on operational feedback, various upgrades are being incorporated in the same basic mechanical unit, including day-night video fusion, enhanced image processing, image and video recording via a USB port. Some 4,500 JIM LR units are now in service or on order, including 2,000 with the French armed forces.

TEOS™
The Territory Electro-Optic Surveillance system, is a 20-km class modular turret-mounted long-range surveillance system, designed to meet border and maritime surveillance requirements, along with protection of high-value sites and peacekeeping operations. Featuring high-performance day-night optronic sensors, and operating in a network, TEOS™ is available in different versions, for integration in fixed stations or on vehicles.

Combat vehicle modernization
Sagem is displaying a range of innovative, modular and ergonomically designed solutions for armored vehicles, capitalizing on its expertise in the development of stabilization systems. Selected for major programs in France and abroad, Sagem gives light armored and infantry fighting vehicles enhanced operational capabilities, even under the most extreme conditions. More than 500 Savan 11 family sights have been ordered to date.

Sagem’s solutions have been chosen for major defense programs around the world, including the Rafale fighter, Caracal, NH90 and Tiger helicopters, infantry modernization programs, land combat (Leclerc, VBCI, BMP3, Caesar, Archer, LRM), Sperwer tactical drones, Barracuda and Scorpène class submarines, FREMM frigates and Baynunah class corvettes (*).

(*) The Baynunah program involves six multimission, stealthy corvettes, and is currently being conducted by Abu Dhabi Ship Building to modernize the United Arab Emirates’ navy. Sagem develops and produces Sigma navigation systems and the EOMS-NG infrared search and track system (IRST) for Baynunah corvettes, both integrated in the ship’s combat system.

***

Sagem, a high-tech company in the Safran group, holds world or European leadership positions in optronics, avionics, electronics and safety-critical software for both civil and military markets.
Sagem is the No. 1 company in Europe and No. 3 worldwide for inertial navigation systems (INS) used in air, land and naval applications.
It is also the world leader in helicopter flight controls and the European leader in optronics and tactical UAV systems. Operating across the globe through the Safran group, Sagem and its subsidiaries employ 7,000 people in Europe, Southeast Asia and North America.
Sagem is the commercial name of the company Sagem Défense Sécurité.

France orders new-generation Sperwer drones and remote video terminals from Sagem

Contact

Sagem (groupe Safran)

Philippe Wodka-Gallien

Press

Tél.: +33 (0)1 58 11 19 49

E-Mail : philippe.wodka-gallien@sagem.com

Abu Dhabi, IDEX 2011, February 20th, 2011

French defense procurement agency DGA has awarded Sagem (Safran group) a contract for the modernization and expansion of the French army’s fleet of Sperwer tactical drones and associated equipment.

The contract covers the following:

• Three Sperwer drones, to be equipped with Sagem’s new Euroflir 350+ optronic observation system.
• An option on five more Sperwer drones.
• Sagem’s Remote Video Terminals (RVT), along with the modernization of the RVTs already delivered under a previous contract signed in 2009.

Developed and produced by Sagem, the RVT comprises a touch screen and portable transmitter-receiver, either a manpack version or installed in a vehicle. The RVT is used by forward observers or front-line troops. It provides a high-resolution, real-time display of geo-referenced images sent by the drone, against a digital map background. The RVT features a modular, open and scalable design, and can operate at different frequencies and with different waveforms.

This latest contract will bring the number of Sperwer drones produced by Sagem’s Montluçon plant in France to 130.

The French army’s Sperwer drones have operated in Afghanistan since the end of 2008, carrying out missions for both French and NATO forces, including intelligence, route reconnaissance and artillery guidance.

***

Sagem, a high-tech company in the Safran group, holds world or European leadership positions in optronics, avionics, electronics and safety-critical software for both civil and military markets.
Sagem is the No. 1 company in Europe and No. 3 worldwide for inertial navigation systems (INS) used in air, land and naval applications. It is also the world leader in helicopter flight controls and the European leader in optronics and tactical UAV systems.
Operating across the globe through the Safran group, Sagem and its subsidiaries employ 7,000 people in Europe, Southeast Asia and North America.
Sagem is the commercial name of the company Sagem Défense Sécurité.

France orders Wasp remote-controlled turrets for armored vehicles

Contacts

Sagem (groupe Safran)

Philippe Wodka-Gallien

Press manager

Tél.: +33 (0)1 58 11 19 49

E-Mail : philippe.wodka-gallien@sagem.com

Panhard

Charles Maisonneuve

Press manager

Tél : 33 (0) 1 60 82 49 87

Email:charles.maisonneuve@panhard.fr

Abu Dhabi, IDEX 2011, February 20, 2011.

French defense procurement agency DGA has placed an order with Panhard, working with program co-contractor Sagem (Safran group), for 100 Wasp turrets as part of an operational emergency acquisition procedure.

These Wasp turrets will be used on the French army’s PVP and VBL light armored vehicles.

Developed jointly by Panhard and Sagem, the Wasp (Weapon under Armor for Self-Protection) is a light turret that is remotely-controlled from inside the vehicle. It is fitted with a MAG 58 7.62 mm machine gun, coupled to a day/infrared sight and observation scope derived from the FELIN soldier modernization program, for day or night operation. Incorporating lessons from previous deployments, the Wasp turret significantly enhances self-protection for soldiers, while enabling quicker responsiveness under armor.

Light and compact, the Wasp also features a small visual signature. Because of the weapon’s wide range of elevation/depression (-40°/+80°), it is ideally suited to combat in urban or mountain environments. It is also designed to subsequently add a fusion function for the daytime and thermal channels, providing the daytime ability to “see through” camouflage.

By combining Panhard’s expertise in the design of armored combat systems with the technological innovations derived from Sagem-led defense programs, especially FELIN, the Wasp turret offers high performance for the price, while expanding the operability of light armoured vehicles.

***

Panhard General Defense, a wholly-owned subsidiary of Auverland since early 2005, has been designing and developing armored vehicles for nearly a century. In particular Panhard produces the VBL light armored vehicle, and has already delivered more than 2,000 VBLs to fifteen countries, including 1,600 for the French army. It also makes the PVP, more than 750 of which are in service. Panhard had revenues of 90 million euros in 2009. For more information see www.panhard.fr

Sagem, a high-tech company in the Safran group, holds world or European leadership positions in optronics, avionics, electronics and safety-critical software for both civil and military markets.
Sagem is the No. 1 company in Europe and No. 3 worldwide for inertial navigation systems (INS) used in air, land and naval applications. It is also the world leader in helicopter flight controls and the European leader in optronics and tactical UAV systems.
Operating across the globe through the Safran group, Sagem and its subsidiaries employ 7 000 people in Europe, Southeast Asia and North America.
Sagem is the commercial name of the company Sagem Défense Sécurité.

Safran’s full-year results for 2010 show strong progress

Investor Relations contact :

Pascal BANTEGNIE

VP, Investor Relations

Tel +33(0)1 40 60 80 45

Fax +33 (0)1 40 60 84 36

pascal.bantegnie@safran.fr



Antoine-Pierre de Grammont

Tel +33(0)1 40 60 80 47

antoine-pierre.degrammont@safran.fr



Press contact :

Catherine MALEK

Press Relations Manager

Tél +33 (0)1 40 60 80 28

Fax +33 (0)1 40 60 80 26

catherine.malek@safran.fr



Safran Group

2, bd du Général Martial Valin

75724 Paris Cedex 15 – France

Recurring operating margin of 8.2% of revenue

Positive net cash position at year-end

All figures in this press release represent Adjusted(1) data, except when noted.
Restated full-year 2009 income statement is provided in the Annex (see pages 11 to 12 of this press release).
Please also refer to definitions and reconciliation between full-year 2010 consolidated income statement and adjusted income statement provided in the Notes on pages 9 to 10 of this press release.

Key numbers for full-year 2010

• Full-year 2010 adjusted revenue was Euro 10,760 million, up 3.0% year-on-year, or (1.0)% on an organic basis.
• Adjusted recurring(2) operating income at Euro 878 million (8.2% of revenue) at a hedge rate of USD1.44 to the Euro, up 20% year-on-year. There were Euro 13 million of one-off items, all related to M&A transaction costs, therefore adjusted profit from operations was Euro 865 million.
• Adjusted net income - group share up 29% from FY 2009 restated at Euro 508 million (Euro 1.27 per share).
• Consolidated (non adjusted) net income - group share at Euro 207 million (Euro 0.52 per share).
• Net cash position of Euro 24 million as of December 31, 2010, thanks to strong free cash flow generation of Euro 934 million.
• A dividend payment of Euro 0.50 per share will be proposed to the shareholders’ vote at the next Annual General Meeting on April 21, 2011.
• Full-year 2011 guidance: Safran expects revenue to increase by at least 5%, recurring operating income to increase by at least 20% and free cash flow to represent about a third of the recurring operating income taking into account an expected increase in OWC and R&D investment. This outlook does not include any contribution from L-1 Identity Solutions and SNPE Matériaux Energétiques.

Key business highlights for Full-year 2010

• Safran selected to provide the new LEAP-X engine to the A320neo, as well as the nacelle for LEAP-X A320neo aircraft.
• Safran and COMAC to create aircraft wiring JV, strengthening partnership on C919, the new Chinese 150 passenger short-to-medium range aircraft powered by LEAP-X.
• Safran deployed an active strategy to expand its global customer presence and product offering: pending final government approvals, the acquisition of L-1 Identity Solutions to consolidate the Group world leadership in biometric solutions and the acquisition of SNPE Matériaux Energétiques creating a unified entity in solid rocket propulsion. The acquisition of Harvard Custom Manufacturing reinforced Safran’s leading position in wire harnessing.

* * * * *

Paris, February 24, 2011 – The Supervisory Board of Safran (NYSE Euronext Paris: SAF) chaired by Francis Mer met in Paris on February 23, 2011. The financial statements for the full year 2010 approved by the Management Board were submitted to the Supervisory Board.

Executive commentary

CEO Jean-Paul Herteman commented:

“ 2010 was more than a time of transition for Safran, it marked our emergence from a challenging period. Most importantly, our customers confirmed their trust in our technology and products: CFM and Safran were selected by Airbus to provide the LEAP-X engine as well as the related nacelle for the A320neo, the first FELIN infantry soldiers equipment units were delivered to the French army, and India delivered the first secure identification numbers to a million and a half residents based on Safran’s latest biometric technology. We also initiated strategic moves that are due to close this year pending final government approvals: the acquisition of SNPE Matériaux Energétiques creating a unified entity in solid rocket propulsion and the acquisition of L-1 Identity Solutions to consolidate our world leadership in biometric solutions.

We have increased the Group’s recurring operating income by 20%, demonstrating the robustness of our business model and the effectiveness of our security strategy, as well as the success of the modernization projects that will make Safran an even stronger, more integrated and efficient group. All businesses performed well, and we have seen the first signs of the turnaround in the CFM56 aftermarket during the second half of the year. The Group ended the year cash positive, thanks to a strong improvement in working capital, enhancing strategic capability for the future.

2011 should be another promising and significant step on our way to deliver a 2-digit recurring operating margin as early as 2012. This operating performance should be supported by more favourable hedge rates in 2011-2014, the specific growth potential of the services for our later generation aviation products and of our security businesses, in addition to the expected global growth in original aerospace equipment businesses. ”

Full-year 2010 results

Safran’s delivered operational performance in full-year 2010 show strong progress.

Moderate growth in revenue. For full-year 2010, Safran’s revenue was Euro 10,760 million, compared to a Euro 10,448 million in the same period a year ago, a 3.0% year-on-year increase. Group revenue slightly declined by 1.0% organically.

Full-year 2010 revenue increased by Euro 312 million on a reported basis, highlighting growth of over 15% in the Defence business (notably in optronics) and in Security (primarily acquisition-driven). It also resulted from a mild decline in aerospace original equipment revenue mostly linked to A380 and B787 ramp-up slippages while services revenue remained resilient. On an organic basis, revenue declined by Euro 104 million as a result of the anticipated run-down of contract execution of a particularly large Identification program in the Ivory Coast.

Organic revenue was determined by deducting from 2010 figures the contribution of Security activities acquired in 2009 when compared to 2009 scope of consolidation and by applying constant exchange rates. Hence, the following calculations were applied:

The favourable currency impact in revenue of Euro 219 million for full-year 2010 reflected a global positive translation effect on the revenue exposed to foreign currencies, notably in USD, CAD, Australian dollar and Brazilian real. It was partly offset by a negative transaction impact with a mild deterioration in the Group’s hedged rate (USD1.44 to the Euro vs. USD1.42 in the year ago period).

Margin on recurring operating income exceeded guidance. For full-year 2010, Safran’s recurring operating income was Euro 878 million (8.2% of revenue), up 20% compared to full-year 2009 restated figure of Euro 729 million, 7.0% of revenue. After taking into account the slight adverse currency impact (Euro (25) million) and positive impact from acquisitions and activities newly consolidated (Euro 24 million), organic improvement was Euro 150 million or 21% year-over-year.

All four activities contributed to this solid improvement realizing the benefits of Safran+ savings, as well as SG&A and productivity improvements.

There were few one-off items during the full-year 2010, all related to M&A transaction costs (e.g. HCM, L-1 Identity Solutions, SNPE Matérieux Energétiques, …):

Adjusted net income - group share grew by 29% year-over-year. The adjusted net income attributable to equity holders of the parent was Euro 508 million or Euro 1.27 per share, compared to Euro 395 million (Euro 0.99 per share) in 2009 restated. In addition to the rise in recurring operating income, this improved performance reflects:

• Net financial expense of Euro 168 million, including Euro 36 million of cost of net debt.
• Tax expense of Euro 173 million (a 25% effective tax rate).

The reconciliation between FY 2010 consolidated income statement and adjusted income statement is provided in the Notes on page 9.

Balance sheet and cash flow

Positive net cash position at year-end. The net cash position was Euro 24 million as of December 31, 2010 compared to net debt of Euro 498 million as of December 31, 2009, a significant improvement of Euro 522 million. Free cash flow generation of Euro 934 million was driven by the high level of operating profitability (cash from operations of Euro 1,142 million) and by decreasing working capital needs of Euro 317 million. The Group benefited from a positive cash impact of commercial settlements with airframers, French Government stimulus package which accelerated some tax credits and strong cash receivables collection (including from the French MoD in the second half of the year). The acquisition of HCM caused a Euro 100 million (USD 135 million) cash outflow. A dividend of Euro 152 million was paid in June 2010 (Euro 0.38 per share).

With cash and marketable securities of Euro 2.1 billion and the availability of committed and undrawn facilities amounting to Euro 2.4 billion as of December 31, 2010, Safran is adequately funded.

A dividend payment of Euro 0.50 per share will be proposed to the shareholders’ vote at the next Annual General Meeting on April 21, 2011. Dividend cash outflow is expected to be approximately Euro 200 million in 2011. If approved, the dividend will be paid from April 29, 2011 (ex-dividend date: April 26, 2011).

Research & Development

The self-funded R&D effort before research tax credit was Euro 637 million or 5.9% of revenue in 2010. It reflects the tailing off of R&D development programs on the SuperJet 100, Boeing 787 and A400M programs partly offset by new developments taking place on the A350 and C919 programs. The impact on operating income after tax credit was Euro 406 million which compares to Euro 565 million in 2009, which included a one-off depreciation charge of Euro 71 million registered on the B787 program. In 2010, the Group benefited from increased eligibility to credit research tax assets and an increased entitlement carried over from 2009.

Outlook

The full-year 2011 outlook does not include any contribution from L-1 Identity Solutions and SNPE Matériaux Energétiques (transactions pending final government approvals before closing).

Bearing in mind the recovery for CFM aftermarket (as already experienced at end 2010) and OE deliveries and a favourable USD currency hedge, the full-year 2011 guidance is as follows:

• Revenue expected to increase by at least 5% (at an estimated average spot rate of USD 1.33 to the Euro).
• Recurring operating income expected to increase by at least 20% (at a targeted hedge rate of USD 1.38 to the Euro).
• Free cash flow expected to represent about a third of the recurring operating income taking into account the expected increase in working capital requirements (in the wake of the favourable exceptional circumstances of late 2010) and R&D investments.

The full-year 2011 outlook is based on the following underlying assumptions:

• Civil aerospace aftermarket up 10-15%
• Healthy rise in aerospace OE deliveries
• Short term cautiousness on A380 and B787 programs
• Increased R&D effort (net impact of over Euro 50 million on P&L and over Euro 200 million in cash, notably for LEAP-X development)
• Strong and profitable growth for the Security business
• On-going Safran+ plan to enhance profitability and reduce overheads.

Currency hedges

Hedging portfolio optimized. The Group has put in place currency hedges for the next 3 years, spanning from 2011 to 2014. At February 18, 2011, the firm hedging portfolio amounted to USD 12.8 billion. Taking advantage of market opportunities, the portfolio has been optimized to increase operational tailwind in 2011 (new target of USD 1.38 to the Euro compared to USD 1.39 previously) and in 2013 (new target of USD 1.30 to the Euro compared to USD 1.31 previously). The 2014 hedging is well advanced: $1.3bn achieved at USD1.29 to rise to USD2.9bn at USD1.25 as long as Euro/USD<1.52 for most of 2011 and 2012.

Business commentary

Aerospace Propulsion

Full-year 2010 revenue was Euro 5,604 million, down 1.2% or a decline of 3.1% on an organic basis, compared to the year-ago period revenue at Euro 5,673 million. Revenue evolution was driven by a growing aftermarket activity in military, helicopter and recent high-thrust civil engines, somewhat offset by a particularly marked softness in CFM56 spare parts revenue for the first part of the year.

OEM CFM56 engine deliveries at 1,251 units were almost flat compared to the same period a year ago. After successful Farnborough and Zuhai air shows, total 2010 CFM56 orders stand at 1,583 engines, double the level recorded in 2009. Revenue from OEM helicopter engines was slightly down, as a result of negative volume conditions. Space & missile propulsion revenue slightly grew as a result of production ramp-up in solid propulsion activity.

On a full-year 2010 basis, service revenue share was up at 50.1%, benefiting from a robust contribution from aftermarket from military and helicopter engines, as well as from recent high-thrust civil engines. This aftermarket revenue growth was however offset by worldwide CFM International spare parts revenue down 17% in USD terms, highlighting soft and volatile airlines spending in maintenance. The estimated* total number of shop visits for CFM-equipped civil aircraft decreased to 2,120 as compared to 2,305 in 2009. Nevertheless, the trend greatly improved since mid-year with worldwide CFM International spare parts revenue for the fourth quarter up 15% from the third quarter following a 16% increase from the second quarter to the third quarter. On a more global basis, for the fourth quarter, the services revenue in Aerospace Propulsion was up by 3% compared to the year ago period and up 4% compared to third quarter 2010. (*) shop visit numbers are estimates; these can be revised marginally in the future as airlines finalise reports).

Full-year 2010 recurring operating income was Euro 663 million (11.8% of revenue), up 5.6% on a restated basis compared to Euro 628 million in the year-ago period (11.1% of revenue). This significant improvement despite a soft CFM aftermarket environment resulted from a strong military and recent high-thrust engines activity in spares, as well as from increased unit revenues on original equipment. Profits were also largely driven by better-than-expected Safran+ cost reduction efforts and productivity improvements (supply-chain, industrial process efficiency). The currency impact had a slight adverse impact on profitability.

Aircraft Equipment

The segment reported full-year 2010 revenue of Euro 2,834 million, up 2.4%, or stable on an organic basis, compared to the year-ago period at Euro 2,767 million.

The increase in revenue resulted from production ramp-up, albeit slower than expected, on some programs, notably the B787 for landing systems and harnessing. It was slightly offset by a temporary decline in the nacelle activity which recorded lower deliveries of large nacelles (74 A380 units in the full-year 2010 compared to 84 nacelles in the year-ago period, A340 program tailing off) while the small nacelles deliveries were almost flat.

On a full-year 2010 basis, service share of revenue decreased very slightly from 31.8% to 31.3%.

Full-year 2010 recurring operating income was Euro 127 million (4.5% of revenue), up 74% on a restated basis compared to Euro 73 million in the year-ago period (2.6% of revenue). The improvement mainly resulted from tangible turnaround in the nacelle activity: notably improved production costs on A380, improved commercial terms and a favourable product mix. The nacelle activity achieved operating breakeven during the fourth quarter of 2010. It was also driven by a robust contribution from Messier Services (Repair & Overhaul on landing systems).

Labinal Salisbury (ex-Harvard Customs Manufacturing) was consolidated for a month in 2010.

Defence

Full-year 2010 revenue was up 17% at Euro 1,240 million, or up 12.4% on an organic basis, compared to the previous year. The performance was mainly driven by 30%+ revenue growth in the Optronics activity on the basis of a robust order backlog (Felin soldier integrated equipment suites for French Army, long-range infra-red goggles for France and export markets). This trend was partly mitigated by a mild decline in Avionics revenue with lower volume in flight control systems for helicopter and regional jets.

Full-year 2010 recurring operating income was Euro 55 million (4.4% of revenue) compared to a restated Euro 9 million (0.8% of revenue) in full-year 2009 which included a Euro 35 million loss at completion on A400M navigation program. The improvement was also driven by significantly higher profits in Optronics while Avionics suffered from lower volume in flight control systems.

Security

The Security activity reported full-year 2010 revenue of Euro 1,041 million, up 15.2% compared to the year-ago period. On an organic basis, it was down 6.0% due, as anticipated, to the lower revenue booked for the identification contract in Ivory Coast compared to 2009. Apart from the Ivory Coast contract, revenue has increased organically by 7% in 2010. Revenue growth also benefited from a favourable translation currency impact from Brazilian real and Australian dollar. The smart cards activity recorded double-digit growth in volume, partly mitigated by pricing pressure.

Full-year 2010 recurring operating income was Euro 128 million (12.3% of revenue), up 49% compared to a restated Euro 86 million (9.5% of revenue) in the year-ago period. The improvement is due to the contribution of newly-acquired activities but also to a strong performance of Identification activities in emerging countries that offset the impact of lower margin recognition from the identification government contract in Ivory Coast. The smart cards activity benefited from higher volume and improved production costs compared to unit price increases. The Group continued to develop its position in India and successfully issued the first unique and secure 12-digit UIDAI number (Unique Identification Authority of India) in summer 2010 with dual biometry. It now registered its first million and a half residents.

* * * * *

Upcoming events

AGM : April 21, 2011
Q1 2011 revenue : April 28, 2011
H1 2011 results : July 28, 2011

* * * * *

Safran will host today an analysts and investors meeting at 8:45 a.m. Paris time at Pavillon Kléber, 7 rue Cimarosa in Paris. The conference can also be accessed by call at +33 8 05 11 93 20 from France and +44 808 238 1773 from the UK. A replay will be available until March 4, 2011 at +33 1 72 00 15 00  and +44 203 367 9460  or +1 877 642 3018 (access code 272200#).

Safran will also host today a press meeting open to journalists only at 10:45 a.m. Paris time at Pavillon Kléber, 7 rue Cimarosa in Paris.

The press release, presentation and consolidated financial statements are available on the website at www.safran-group.com.

* * * * *

Key figures

Notes

(1) Adjusted data To reflect the Group’s actual economic performance and enable it to be monitored and benchmarked against competitors, Safran prepares an adjusted income statement alongside its consolidated financial statements.

Safran’s consolidated income statement has been adjusted for the impact of:

• purchase price allocations with respect to material business combinations. Since 2005, this restatement concerns the amortization charged against intangible assets relating to aeronautical programs that were revalued at the time of the Sagem-Snecma merger. With effect from the 2010 interim financial statements, the Group has decided to restate the impact of purchase price allocations for all material business combinations (and not only those relating to the Sagem-Snecma merger). In particular, this concerns the amortization of intangible assets recognized at the time of the acquisition, and amortized over extended periods, justified by the length of the Group’s business cycles;
• the mark-to-market of foreign currency derivatives, in order to better reflect the economic substance of the Group’s overall foreign currency risk hedging strategy:
   revenue net of purchases denominated in foreign currencies is measured using the effective hedging rate, i.e., including the costs of the hedging strategy,
   the recognition of all mark-to-market changes on non-settled hedging instruments at the closing date is neutralized in the net result, including the “ineffective” portion with effect from the publication of the 2009 financial statements, given that the Group’s hedging strategy includes optional hedging instruments and optimization measures combined with highly volatile market inputs used to mark to market.

Full-year 2010 reconciliation between consolidated income statement and adjusted consolidated income statement: :

Full-year 2010 consolidated net result was a net profit of Euro 207 million.

The reader is reminded that consolidated financial statements are audited by the Group’s statutory auditors, including Adjusted revenue and Adjusted profit from operations provided in the note to consolidated financial statements related to operating segments. Adjusted data, other than Adjusted revenue and Adjusted profit from operations, are verified with respect to an overall reading of the information that will be provided in the 2010 reference document.

The audit procedures on the consolidated financial statements have been completed. Audit opinion will be issued after the Supervisory board’s meeting on March 4, 2011, once verification of the board’s report and review of subsequent events after February 24, 2011 have been performed.

(2) Recurring operating income In order to better reflect the current economic performance, this subtotal named “recurring operating income” excludes income and expenses which are largely unpredictable because of their unusual, infrequent and/or material nature such as: impairment losses/reversals, capital gains/losses on disposals of operations and other unusual and/or material non operational items.

* * * * *

Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Safran group has more than 54,000 employees and generated sales of 10.8 billion euros in 2010. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.2 billion euros in 2010. Safran is listed on NYSE Euronext Paris and its share is part of the SBF 120 and Euronext 100 indexes. For more information, www.safran-group.com

Annex

As a consequence of the changes in definition and in presentation of Adjusted data as of June 30, 2010, the full-year 2009 adjusted income statements have been restated in order to provide comparable data for future results. This restatement aims to meet investors expectations and provide better transparency.

In the first half 2010, the Group decided to adjust its consolidated income statement for the impacts of the purchase price allocation entries for all major business combinations (especially those related to the acquisitions in the Security business) and not only those related to the Sagem-Snecma merger. In accordance with IFRS 3 and IFRS 3R standards, the Group recognizes, among other impacts, material intangible assets with a long useful life, justified by the long economic cycles of the Group’s activities, what doesn’t enable to reflect the Group’s actual economic performance and be benchmarked against competitors.

Therefore, full-year 2009 adjusted results which shall serve as a basis of comparison have been restated for (i) purchase price allocation entries impacts for major acquisitions (especially in the Security business).

Key adjusted figures: FY 2009 restated

Full-year 2009 reconciliation between consolidated income statement and adjusted consolidated income statement.

Safran and COMAC to create aircraft wiring joint venture, strengthening partnership on C919

Safran group

2, bd du Général Martial Valin

75724 Paris Cedex 15 - France

Press :


Catherine MALEK

Tél +33 (0)1 40 60 80 28

Email :catherine.malek@safran.fr

Investor Relations :


Pascal BANTEGNIE

Tel +33(0)1 40 60 80 45

Email :pascal.bantegnie@safran.fr

Antoine-Pierre de GRAMMONT

Tel+33 (0)1 40 60 80 47

Email : antoine-pierre.degrammont@safran.fr

Paris, February 24, 2011

Labinal, a Safran group company, and Shanghai Aircraft Manufacturing Co., Ltd. (SAMC), a subsidiary of Commercial Aircraft Corporation of China (COMAC), today announced that they have signed a framework agreement for the establishment of a joint venture company.

The contract was signed in Shanghai by Ms. Karen Bomba, President and CEO of Labinal and Mr He Dongfeng, Vice-President of COMAC & President of SAMC. Also attending the ceremony were Mr Yves Leclère, Safran Executive Vice President, Aircraft Equipment, and Mr Wu Guanghui, Vice-President of COMAC & Chief-Designer for the C919.

Based in Shanghai, the joint venture will focus on the design, development, production and support of EWIS (Electrical Wiring Interconnection Systems) for the Asia Pacific aerospace market. The joint venture has been tasked with the execution of the C919 EWIS Program. COMAC has forecasted a global market for more than 2,000 C919 aircraft over the 20 years following entry into service.

SAMC will own 51 percent of the joint venture and Labinal 49 percent.

“After Safran’s selection as supplier of the complete propulsion system for the COMAC C919, this agreement marks a further step forward in the Group’s role in the success of this commercial aircraft,” said Yves Leclère.

* * * * *

Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Safran group has more than 54,000 employees and generated sales of 10.8 billion euros in 2010. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.2 billion euros in 2010. Safran is listed on NYSE Euronext Paris and its share is part of the SBF 120 and Euronext 100 indexes.

Aircelle will supply LEAP-X engine nacelle for Airbus’ A320neo

Media contacts - Aircelle:

Frédérique Thomas

Aircelle - VP Communications

Tel: +33 (0)1 30 07 90 14

Mobile (France) : +33 (0)6 74 83 67 35

E-mail: frederique.thomas@aircelle.com

Jeffrey Lenorovitz

The InfoWEST Group

Mobile (France) : +33 (0)6 80 85 86 25

Mobile (U.S.) +1 703 615-3646

E-mail: jleno@infowestgroup.com

Le Havre, France, February 24, 2011

Airbus has selected Aircelle (Safran group) to supply the complete integrated nacelle package for the A320neo Family powered by CFM International’s LEAP-X engines.

For this selection, Aircelle demonstrated its ability to provide a cost-effective solution, backed by the company’s full industrial resources and a commitment to meet the development and production timelines. GE’s Middle River Aircraft Systems (MRAS) – its established partner in the Nexcelle nacelle joint venture, will be participating

The A320neo is Airbus’ new engine option for its best-selling A320 aircraft Family, offering significant fuel savings.

“This is a major win for Aircelle in the promising and challenging single-aisle airlines segment,” said Aircelle Chairman and CEO Vincent Mascré. “Aircelle will take full responsibility for the complete nacelle, including integration on the engine. All of our engineering and production resources are ready to meet the quality, performance and schedule requirements of the A320neo, as well as the airlines’ demanding customer support requirements.”

The A320neo nacelle will benefit from Aircelle’s proven technology developed for the nacelles used on Airbus’ A380. This will be re-enforced by a comprehensive technology roadmap that includes innovations in systems, composite materials and acoustic treatment to further enhance operating efficiency, lower noise levels, reduce weight and improve maintenance. These new technologies are being validated through the company’s full-scale demonstrator programs.

Airbus’ contract award for the A320neo LEAP-X nacelle, and the related nacelle/engine integration activity, ensures the continuity for Aircelle’s more than 20 years of thrust reverser production for CFM56 engines – which are used on the current generation of A320 Family aircraft. Aircelle’s existing CFM56 thrust reverser assembly line was totally re-engineered three years ago using lean sigma methodology. It has delivered up to 500 thrust reversers annually since then.

* * * * *

About Aircelle
Aircelle is one of the leading players in the worldwide nacelle market for aircraft engines. A subsidiary of the Safran group, it employs nearly 3,000 people on seven sites in France, the United Kingdom and Morocco. Aircelle is the only nacelle manufacturer in the world present on all the market segments, from regional and business aircraft to the largest airliners, including the Airbus A380. Aircelle also is developing the worldwide customer support and service activity for nacelles and their components.

Proposed Changes to Safran’s corporate governance

Investor Relations contact :

Pascal BANTEGNIE

VP, Investor Relations

Tel +33(0)1 40 60 80 45

Fax +33 (0)1 40 60 84 36

pascal.bantegnie@safran.fr



Antoine-Pierre de Grammont

Tel +33(0)1 40 60 80 47

antoine-pierre.degrammont@safran.fr



Press contact :

Catherine MALEK

Press Relations Manager

Tél +33 (0)1 40 60 80 28

Fax +33 (0)1 40 60 80 26

catherine.malek@safran.fr



Safran Group

2, bd du Général Martial Valin

75724 Paris Cedex 15 – France

Paris, March 4, 2011

In addition to the usual resolutions of the annual shareholders meeting, Safran’s Executive Board will submit to the forthcoming ordinary and extraordinary shareholders meeting to be held on April 21st 2011, a change in Safran’s corporate governance. The contemplated change is the result of an appraisal of the current corporate governance conducted by the Supervisory Board led by its chairman Francis Mer.

The change which will be submitted to the shareholders meeting consists in the current dual structure (composed of a Supervisory Board and an Executive Board) being replaced by a unitary structure with a Board of Directors. The appraisal conducted jointly by the current Supervisory and Executive Boards led to the conclusion that such a change would both streamline executive management’s decision process and make for a more efficient organization in an increasingly competitive and challenging environment.

The contemplated change would also be accompanied by a fundamental redrafting of Safran’s by-laws to bring them in line with the most recent legal and regulatory evolutions and with corporate governance best practices.

The Executive Board has today formally set the agenda of the shareholders meeting and will convene it shortly as required by current laws and regulations. At the shareholders meeting, shareholders will be called upon to vote on both the changes in the company’s by-laws and on the appointment of persons to sit on the Board of Directors.

The appointment of Jean-Paul Herteman, current Chairman of the Executive Board, as a Director will be submitted to shareholders.

• Francis Mer
• Giovanni Bisignani
• Jean-Lou Chameau
• Odile Desforges
• Jean-Marc Forneri
• Xavier Lagarde
• Michel Lucas
• Elisabeth Lulin

Furthermore, in accordance with current law, four representatives of the French State, appointed by ministerial decree, and two representatives of employee shareholders would sit on the newly constituted Board of Directors.

The appointment of two “censeurs”, Bernadette Andrietti and Caroline Grégoire Sainte Marie, will also be submitted to shareholders.

Assuming shareholders approve the resolutions submitted to them, the Board of Directors will meet after the shareholders meeting in order to determine the organization of the company’s management in line with corporate governance best practices. The Board will also approve the internal rules of the Board of Directors, create the various Board committees and select the members thereof.

* * * * *

Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Safran group has more than 54,000 employees and generated sales of 10.8 billion euros in 2010. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.2 billion euros in 2010. Safran is listed on NYSE Euronext Paris and its share is part of the SBF 120 and Euronext 100 indexes.
For more information, www.safran-group.com

Turbomeca (Safran group) launches its brand new Arriel 2+ engine family

Press Contacts :

Bettina FREY

VP, Communications

Tel +33(0)5 59 90 96 23

Email :bettina.frey@turbomeca.fr

Chantal REISS

External Communications Manager

Tél +33 (0)5 59 90 96 40

Email :chantal.reiss@turbomeca.fr

Turbomeca

64511 Bordes Cedex

Orlando, 6 March 2011

Turbomeca announces the new Arriel 2+ family. The Arriel 2D, Arriel 2E and Arriel 2N, part of this new family, will respectively power the AS350 B3e, EC145T2 and AS365 N3e. This new family offers lower operating costs, higher reliability and higher performance. Arriel 2D certification is scheduled mid-2011, the Arriel 2E’s one year later and Arriel 2N’s mid-2013.

Low operating costs
This new engines family (from 894 shp to 951 shp thermal take-off power) benefits from new technology in a proven engine. Its engines comprise five modules providing simplified maintenance at low cost. Furthermore, this new family will offer better performances with lower maintenance costs. The comprehensive Direct Operating Cost will be also reduced, thanks to higher TBO (Time Between Overhaul), up to 4,000 hours at entry into service, then up to 6,000 hours at maturity.

High reliability
The Arriel 2+ engines are controlled by a new-generation dual-channel FADEC, a benchmark for efficient power control, reducing pilot’s workload and increasing safety.
The new Engine Data Recorder, together with the blade-creep monitor, further shifts the emphasis from traditional to preventive maintenance. These innovations also drastically reduce unscheduled removals and significantly improve helicopter availability.

High performance
The increased thermal power, the new design of many of its components enhances its already high performance and ensures that the Arriel remains the most reliable engine in its class.

Since 1978, Turbomeca has been producing 10,000 Arriel engines composed today of 29 variants fitted on their corresponding helicopters. The Arriel family flying records total 30 Million flying hours, from Sahara to Antarctica.

* * *

Turbomeca (Safran group) is the leading helicopter engine manufacturer, and has produced over 68 000 turbines based on its own designs since the company was founded. Dedicated to 2,350 customers in 155 countries, Turbomeca provides a proximity service thanks to its 16 sites, 26 Maintenance Centers, 24 Repair & Overhaul Centers and 90 Field representatives and Field technicians.
Microturbo, the subsidiary of Turbomeca, is the European leader in turbojet engines for missiles, drones and auxiliary power units.

Turbomeca (Safran group) is pleased to deliver its 1,000th Arrius 2B engine to STAT MedEvac

Press Contacts:

Bettina FREY

VP, Communications

Tel +33(0)5 59 90 96 23

Email :bettina.frey@turbomeca.fr

Chantal REISS

External Communications Manager

Tél +33 (0)5 59 90 96 40

Email :chantal.reiss@turbomeca.fr

Turbomeca

64511 Bordes Cedex

Orlando, 6 March 2011

Recently, STAT MedEvac, major EMS operator in the USA, received the 1,000th Arrius 2B engine to power their latest EC 135.
Today, STAT Medevac’s fleet is composed of 14 EC 135s and seven EC 145s (Turbomeca Arriel 1E2). All their new airframes will have Turbomeca engines and most of their current fleet has Turbomeca engines.

“We are very pleased with the Arrius 2B engine and its performance and reliability, which are key factors for the success of demanding missions like EMS. Furthermore, the Arrius 2B has good overall availability and cost of maintenance” said Doug Garretson, STAT MedEvac President and CEO.

Arrius: a proven family logging five million flight hours
The family of Arrius engines relies on a solid experience of more than 2,700 delivered engines, accumulating five million flight hours. Turbomeca worldwide network already provides the after sales support of Arrius for 430 customers in 60 countries.
The Arrius family was launched in 1981. Today, it powers the newest generation single and twin-engine light helicopters. The latest Arrius 2B2 was designed to offer a flight profile which allows it to minimize loss of altitude on takeoff when flying single-engine mode and thus to meet the requirements of particular missions in high population density area, such as EMS.
It has proven its performance and durability from extreme environment conditions up to high altitudes and temperatures. In addition, the engine TBO (Time Between Overhaul) has been extended up to 4,000 hours to further reduce the maintenance costs.

* * *

Turbomeca (Safran group) is the leading helicopter engine manufacturer, and has produced over 68 000 turbines based on its own designs since the company was founded. Dedicated to 2,350 customers in 155 countries, Turbomeca provides a proximity service thanks to its 16 sites, 26 Maintenance Centers, 24 Repair & Overhaul Centers and 90 Field representatives and Field technicians.
Microturbo, the subsidiary of Turbomeca, is the European leader in turbojet engines for missiles, drones and auxiliary power units.

Turbomeca (Safran group) Reinforces Proximity Support and Partnership with Air Methods Corporation

Press Contacts:

Bettina FREY

VP, Communication

Tel +33(0)5 59 90 96 23

Email :bettina.frey@turbomeca.fr

Chantal REISS

Responsable Communication externe

Tél +33 (0)5 59 90 96 40

Email :chantal.reiss@turbomeca.fr

Turbomeca

64511 Bordes Cedex

Orlando, March 6, 2011

In support of Air Methods Corporation(*) loyalty and commitment, Turbomeca has agreed to a ten year dedicated customer support partnership to provide cost control and tailored services in support of their growing fleet.

Air Methods has been a loyal Turbomeca customer for many years and operates approximately 220 Turbomeca engines (Arriel 1, Arriel 2, and Arrius 2 variants), operated out numerous bases in 43 states across the U.S.

The partnership and agreement were solidified by the successful development of a maintenance facility at the Air Methods West Mifflin, PA location that will play a key role in the reduction of direct maintenance costs and success of the overall agreement.

Russ Spray, President and CEO of Turbomeca USA states “Turbomeca is excited to mark this milestone in our professional relationship with Air Methods. This new agreement will bring our two companies closer together with the goal of maximizing the responsiveness of our support while bringing meaningful added value to an important customer”.

* Air Methods Corporation was established in Colorado in 1980 and now serves as the largest provider of air medical emergency transport services and systems throughout the United States.

* * *

Turbomeca (Safran group) is the leading helicopter engine manufacturer, and has produced over 68 000 turbines based on its own designs since the company was founded. Dedicated to 2,350 customers in 155 countries, Turbomeca provides a proximity service thanks to its 16 sites, 26 Maintenance Centers, 24 Repair & Overhaul Centers and 90 Field representatives and Field technicians. Microturbo, the subsidiary of Turbomeca, is the European leader in turbojet engines for missiles, drones and auxiliary power units.

The USCG signed a second Support By the Hour contract with Turbomeca (Safran group)

Press Contacts :

Bettina FREY

VP, Communication

Tel +33(0)5 59 90 96 23

Email :bettina.frey@turbomeca.fr

Chantal REISS

Responsable Communication externe

Tél +33 (0)5 59 90 96 40

Email :chantal.reiss@turbomeca.fr

Turbomeca

64511 Bordes Cedex

Orlando, March 6, 2011

During the Turbomeca press conference at Heli-expo, the United States Coast Guard (USCG) was recognized for signing a second Support By the Hour contract with Turbomeca. This contract provides modular maintenance and dedicated customer service supporting all 244 engines at 18 Air Stations throughout the United States.

The contract will benefit the USCG by maximizing tax payer’s dollars for engine support services in order to sustain the various missions they are tasked with including Search & Rescue and Homeland Security. The operational data gathered will allow Turbomeca to review and make improvements on the Arriel engine that can transcend to a global perspective.

500,000 hours flown on 244 Arriel 2C2CG Additionally, a significant milestone was reached: 500,000 hours flown on their fleet of 244 Arriel 2C2CG engines. Pierre Fabre, President and CEO of Turbomeca and Russ Spray, President and CEO of Turbomeca USA presented Jim Seeman, HH65 Product Line Manager and Michael MacMillan, HH65 Engineering Officer, with a commemorative plaque marking the event.

The first Arriel 2C2CG engines were delivered to the USCG in 2004 and the first HH 65C model aircraft with these new engines entered operation in 2005. By converting their aircraft to the Arriel 2C2CG the USCG has been able to utilize the HH65 helicopters in multi mission capacities.

* * *

Turbomeca (Safran group) is the leading helicopter engine manufacturer, and has produced over 68 000 turbines based on its own designs since the company was founded. Dedicated to 2,350 customers in 155 countries, Turbomeca provides a proximity service thanks to its 16 sites, 26 Maintenance Centers, 24 Repair & Overhaul Centers and 90 Field representatives and Field technicians. Microturbo, the subsidiary of Turbomeca, is the European leader in turbojet engines for missiles, drones and auxiliary power units.

A world first for Sagem and Airbus Successful A320 flight test of an electrical aileron actuator

Contact

Sagem (groupe Safran)

Communications Department

Le Ponant de Paris 27, rue Leblanc

75 512 Paris Cedex 15 – France

Press Contact

Philippe Wodka-Gallien

Tél.: +33 (0)1 58 11 19 49

E-Mail : philippe.wodka-gallien@sagem.com

Paris, March 7th, 2011

An electromechanical actuator (EMA) developed and produced by Sagem (Safran group) flew for the first time in January 2011 as the primary flight control for the aileron on an Airbus A320 commercial jet. With this new type of actuator, aircraft manufacturers will eventually be able to replace all or part of the hydraulic systems that activate flight controls with lighter and simpler electrical systems offering the required reliability.

The Sagem EMA used for flight testing features a highly integrated design, making it small enough to be installed in the reduced space of the wing, as well as several patented innovations. It will also offer a very long service life, to meet one of the main challenges facing tomorrow’s jetliners.

Lasting 2 hours and 45 minutes, this first flight was the culmination of three years of intensive Research & Technology work by Sagem, in conjunction with Airbus and other companies in the Safran group. This innovative new technology calls on Sagem’s multidisciplinary expertise, spanning materials, power transmissions, electronics and sensors.

The EMA tested on the A320 was developed within the scope of Covadis (flight control with distributed intelligence and systems integration), an Airbus project designed to test electromechanical actuator demonstrators on an A320 and assess their performance in flight, for incorporation in flight control systems wholly or partly based on electrical actuators.

Safran’s work on the EMA was carried out within the scope of Ampères, an in-house project which aims to develop the systems needed by “more electric” aircraft. Group company Sagem is in charge of work on flight control drivetrains for wings with electrically-actuated systems, to be used on tomorrow’s commercial jets.

“More electric” aircraft are lighter and more energy-efficient than conventional aircraft, enabling them to reduce fuel consumption and therefore the total cost of ownership as well as environmental impact.

Based on the success of this latest test, a flight test of a “more electric” wing should be possible by about 2015, including EMAs for the primary flight control of ailerons and spoilers, in a near production-standard configuration.

***

Sagem, a high-tech company in the Safran group, holds world or European leadership positions in optronics, avionics, electronics and safety-critical software for both civil and military markets.
Sagem is the No. 1 company in Europe and No. 3 worldwide for inertial navigation systems (INS) used in air, land and naval applications. It is also the world leader in helicopter flight controls and the European leader in optronics and tactical UAV systems.
Operating across the globe through the Safran group, Sagem and its subsidiaries employ 7,000 people in Europe, Southeast Asia and North America.
Sagem is the commercial name of the company Sagem Défense Sécurité.

Turbomeca USA (Safran group) signs Global Support Agreement with ERA Helicopters LLC

Contacts Presse :

Bettina FREY

VP, Communications

Tel +33(0)5 59 90 96 23

Email :bettina.frey@turbomeca.fr

Chantal REISS

External Communications Manager

Tél +33 (0)5 59 90 96 40

Email :chantal.reiss@turbomeca.fr

Turbomeca

64511 Bordes Cedex

Orlando, March 7, 2011

The Global Support Agreement, signed today between Turbomeca USA and ERA Helicopters LLC* will provide proximity based engine support services covering ERA’s fleet of 43 engines which includes, Makila 2A and Makila 2A1 engines and Arriel 1S1 and Arriel 2S2 engines.

Under this Agreement Turbomeca USA, located in Grand Prairie, Texas, will be responsible for coordinating support for ERA’s fleet no matter where in the world the engines are operating. Turbomeca USA will direct this global support program using Turbomeca’s international network of 15 support sites and numerous affiliate maintenance centers. Thus, technical and spares support will be available in a more timely and efficient manner

A designated Service Engineer and Customer Support Manager at Turbomeca USA will be responsible to coordinate with Field Representatives worldwide to monitor and trend the engines and provide recommendations to improve the reliability and performance of the engines.

* Era Helicopters LLC operates more than 170 helicopters worldwide and remains at the forefront of the oil and gas support industry. Era also provides Search and Rescue/Emergency Medical Services (SAR/EMS) operations.

* * *

Turbomeca (Safran group) is the leading helicopter engine manufacturer, and has produced over 68 000 turbines based on its own designs since the company was founded. Dedicated to 2,350 customers in 155 countries, Turbomeca provides a proximity service thanks to its 16 sites, 26 Maintenance Centers, 24 Repair & Overhaul Centers and 90 Field representatives and Field technicians. Microturbo, the subsidiary of Turbomeca, is the European leader in turbojet engines for missiles, drones and auxiliary power units.

Major Milestone for Morpho Detection: Advanced Explosives Detection Solutions Meet EU Standard 3 Checked Bag-Screening Requirements

Press Contact :

Steve Hill

+1-503-705-4172

steve.hill@morphodetection.com

Newark, Calif. – March 8, 2011

Morpho Detection, Inc., part of Morpho, Safran group’s security business, today announced its high-speed configured CTX 9800 DSi™ and CTX 9400 DSi™ explosives detection solutions (EDS) have been evaluated by the European Civil Aviation Conference (ECAC) as meeting European Union Standard 3 requirements.

This represents a major milestone toward implementation of advanced technology EDS that is expected to dramatically improve checked luggage screening effectiveness across Europe.

EU regulations state all new EDS equipment purchases should meet Standard 3 requirements by 2012.

"The CTX 9400 and 9800 explosives detection solutions customize CT-based imaging technology, originally developed for healthcare, for a wide range of airport needs and aviation security challenges," said Dennis Cooke, president and CEO, Morpho Detection, Inc. "Successful completion of ECAC evaluation of these powerful EDS allows European airports of all sizes and volumes to adopt with confidence the detection effectiveness, operational efficiency and customer-pleasing speed of advanced, CT-based checked bag screening.”

For more information on Morpho Detection products, visit www.morpho.com/detection.

* * * * *

About Morpho Detection, Inc.

Morpho Detection, Inc., part of Morpho, a business of the Safran group (PAR: SAF), is a leading supplier of explosives and narcotics and chemical, biological, radiological, and nuclear (CBRN) detection systems for government, military, air and ground transportation, first responder, critical infrastructure and other high-risk organizations. Following Safran Group’s 2009 acquisition of GE Security’s GE Homeland Protection, Inc. business, Morpho Detection integrates computed tomography (CT), Raman Spectroscopy, trace (ITMS™ technology), X-ray and X-ray Diffraction technologies into solutions that can make security activities more accurate, productive and efficient. With industry-leading products such as the Itemiser® DX trace detection system, the CTX line of explosive detection systems (EDS), and the StreetLab® Mobile hand-held chemical and biological substance identification unit, Morpho Detection’s solutions are deployed to help protect people and property in some of the most important and sensitive world locations.

India issues two millionth UIDAI number using Morpho’s technology

Morpho (groupe Safran)

Communications Department

11 boulevard Gallieni

92130 Issy-les-Moulineaux

Press Contact

Nathalie Jullien

Tel: +33 1 58 11 89 62

Email :nathalie.jullien@morpho.com

New Delhi, India, March 14, 2011

Morpho (Safran group) has announced that its technology has enabled the Unique Identification Authority of India (UIDAI) to issue its two millionth identification number under the Aadhaar program. Officially launched in September 2010, this is the world’s largest biometrics-based identity program.

Morpho’s latest-generation technology deployed by the Mahindra Satyam/Morpho consortium has played a pivotal role in the program for de-duplication of the biometric records enabling issuance of unique identification numbers. The Aadhaar project aims to deliver a unique number to each Indian resident, which will provide highly secure access (using fingerprint and iris recognition) to a wide range of benefits and services. The Mahindra Satyam/Morpho consortium is one of the three biometric solution providers contracted for the initial phase of this program during which 200 million residents are expected to be registered.

“We are truly proud that our cutting-edge biometric technology has allowed the UIDAI authority to reach the two million milestone in this large-scale project,” commented Jean-Paul Jainsky, Chairman and Chief Executive Officer of Morpho. “This achievement highlights the efforts and commitment of all the partners involved to make the Aadhaar program a success.”

The UIDAI plans to issue 600 million Aadhaar numbers over the next four years.

* * * *

About Morpho Morpho, a high-technology company in the Safran group, is one of the world’s leading suppliers of identification, detection and e-document solutions. _ Morpho is specialized in personal rights and flow management applications, in particular based on biometrics, a sector in which it is the world leader, as well as secure terminals and smart cards.
Morpho’s integrated systems and equipment are deployed worldwide and contribute to the safety and security of transportation, data, people and countries.

Safran reenergizes labor relations in 2011 All Group companies sign wage and salary agreements

Groupe Safran

Communications Department

2, bd du Général Martial Valin

75724 Paris Cedex 15 - France
Press Contact:

Catherine Malek

Tel : +33 (0)1 40 60 80 28
Email:catherine.malek@safran.fr

Paris, March 23, 2011

For the first time since the creation of the Safran group in 2005, all companies have signed wage and salary agreements this year, within the scope of France’s mandatory annual negotiations.

The agreements signed will increase compensation levels within the Group by about 3%, including 2.75% for general and individual raises.

All unions also signed an agreement on preventing stress in the workplace in January, extending a stress evaluation initiative to cover all Group facilities in France. At the same time, the agreement provides for stress-prevention training and awareness-raising measures for everybody involved (management, employees and employee representatives).

Recruitment on the rise

Planning ahead for a recovery in air traffic and the strong growth in Security business, Safran plans to hire more than 1,300 new employees this year, including 80% engineers and management staff.

Safran will also welcome more than 2,000 interns, enabling them to discover its businesses and acquire professional experience.

A Group-wide agreement to support the employment of seniors was signed in 2010, reflecting Safran’s goal of enhancing the transmission of skills and expertise. The Group invests about 4% of its annual payroll in training (and some 70% of all employees receive training once a year, on average).

Safran Corporate University is the primary venue that supports the Group’s policy on sharing skills and expertise. Intended for all employees, the University’s main objective is to provide training that addresses the Group’s strategic challenges. It will eventually offer training courses across all of the Group’s business sectors, enabling employees to continue enhancing their skills throughout their careers.

Last year Safran hosted nearly 80 doctoral candidates and filed for 426 patents, ranking it fifth in France and clearly reflecting the Group’s focus on technological innovation.

*****

Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Safran group has more than 54,000 employees and generated sales of 10.8 billion euros in 2010. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.2 billion euros in 2010. Safran is listed on NYSE Euronext Paris and its share is part of the SBF 120 and Euronext 100 indexes.

MBDA chooses Sagem’s new Matis MP3 sight to modernize Mistral firing posts for French army

Sagem (groupe Safran) _ Direction de la Communication

Le Ponant de Paris 27, rue Leblanc

75 512 Paris Cedex 15 – France

www.sagem-ds.com




Press contact

Philippe WODKA-GALLIEN

Tél.: +33 (0)1 58 11 19 49

philippe.wodka-gallien@sagem.com

Paris, March 25, 2011

The new Matis MP3 optronic aiming sight offered by Sagem (Safran group) has been chosen by missile manufacturer MBDA to modernize the French army’s Mistral surface-to-air firing posts.

The contract covers the development and production of the sight and its new thermal imager for 186 launching stations, within a scope of a modernization contract that French defense procurement agency DGA has awarded to MBDA, prime contractor for the Mistral missile. Sagem also supplies the infrared seeker for the Mistral surface-to-air missile.

A critical part of the weapon system, the Matis MP3 is a day/night sight that significantly enhances the Mistral missile’s capabilities in several key areas:

• extended detection and identification ranges;
• greater operability under different weather conditions;
• integration of day and night channels in the same system.

The Matis MP3 sight is a highly integrated unit with a user-friendly design, comprising:

• dual field IR channel with a 3-5 µm VGA detector;
• dual field daytime channel;
• latest-generation electronics that support image processing for even the most sophisticated threats, including under difficult weather conditions.

It is also fitted with a magnetic compass and GPS receiver, to provide geographic coordinate readings of the target and enhanced coordination of firing posts within a defense area.

As shown by this latest contract from the French army, Sagem offers an innovative and powerful new modernization solution for short and very-short-range surface-to-air defense systems.

***

Sagem, a high-tech company in the Safran group, holds world or European leadership positions in optronics, avionics, electronics and safety-critical software for both civil and military markets. Sagem is the No. 1 company in Europe and No. 3 worldwide for inertial navigation systems (INS) used in air, land and naval applications. It is also the world leader in helicopter flight controls and the European leader in optronics and tactical UAV systems. Operating across the globe through the Safran group, Sagem and its subsidiaries employ 7 000 people in Europe, Southeast Asia and North America. Sagem is the commercial name of the company Sagem Défense Sécurité.
For more information: www.sagem-ds.com

Safran finalizes acquisition of SNPE Matériaux Energétiques

Press

Catherine Malek

Tel : +33 (0)1 40 60 80 28
Email:catherine.malek@safran.fr

Investor Relations

Pascal Bantegnie

Tel : +33 (0)1 40 60 80 45
Email :pascal.bantegnie@safran.fr


Antoine-Pierre de Grammont

Tel :+33 (0)1 40 60 80 47
Email :antoine-pierre.degrammont@safran.fr

Safran

2, bd du Général Martial Valin

75724 Paris Cedex 15 - France

Paris, April 5, 2011

Safran (NYSE Euronext Paris: SAF) announced today that it has finalized the acquisition from SNPE Group of SNPE Matériaux Energétiques (SME) and its subsidiaries, including a 50% stake in Roxel (manufacturer of solid rocket motors for tactical missiles), and a 40% stake in Regulus (manufacturer of launcher propellants, based in Kourou, French Guiana).

These businesses, whose consolidation into Safran’s accounts takes effect today, should generate prorated sales of more than 200 million euros in 2011, with a recurring operating margin of nearly 10%.

The next step would be to bring together SME’s operations with those of Snecma Propulsion Solide (Safran group), based near Bordeaux, creating one of the two world leaders in solid rocket propulsion, a key technology for European launch vehicles and missiles.

The new entity will have annual sales of nearly 600 million euros and 3,000 employees, including 600 engineers and scientists.

Safran has received specific guarantees concerning environmental liabilities related to the past activities of SNPE Matériaux Energétiques.

* * * * *

Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. _ Operating worldwide, the Safran group has more than 54,000 employees and generated sales of 10.8 billion euros in 2010. Working alone or in partnership, Safran holds world or European leadership positions in its core markets.
The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.2 billion euros in 2010. Safran is listed on NYSE Euronext Paris and its share is part of the CAC Large 60 index.