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easyJet and CFM celebrate 20th anniversary

ceremony.jpg
From left to right: Olivier Andriès, Patrick Gandil, Carolyn DBE McCall, Philippe Petitcolin et Jean-Paul Ebanga.

CFM International and easyJet today celebrated their successful 20 year partnership which has helped the airline make travel easy and affordable for passengers across Europe while reducing its impact on the environment.

Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security. Operating worldwide, the Group has 70,000 employees and generated sales of 17.4 billion euros in 2015. Working independently 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 more than 2 billion euros in 2015. Safran is listed on Euronext Paris and is part of the CAC40 index, as well as the Euro Stoxx 50 European index.

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

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Safran takes actions to adapt to the current crisis:

Paris, March 26, 2020

The Board of Directors of Safran (Euronext Paris: SAF) under the Chairmanship of Ross McInnes, met on March 26, 2020 to consider an action plan prepared by Executive Management in response to the impact of the Covid-19 pandemic.

Executive commentary

CEO Philippe Petitcolin commented:

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Coronavirus (Covid-19) latest information

Latest news at 2020/03/27 - 12:23 PM GMT+1

Safran is committed to help prevent the further spread of the Coronavirus (Covid-19), with a focus on protecting the health of our employees.

On March 18, Safran suspended production in countries most affected by the COVID-19 virus to allow it to step up cleaning and disinfection operations in addition to existing procedures. 

On Monday, March 23, production is resuming gradually in those countries. Work has been reorganized to incorporate the most stringent health and safety guidelines for employees. 

The same measures are taken in all Safran locations worldwide, in order to ensure that they continue with their business activities or adapt them to meet the needs of our customers, in complete compliance with their national government's guidance on the coronavirus. 

Safran has recommended that employees telecommute if their job allows (no constraints related to equipment or physical presence).

Following school closures in certain countries / zones, measures have been implemented for employees who have to stay at home to care for their children, following the compensation terms in each country.

For more information about the possible closing of Safran locations, see below:

France : In France, our activities will resume gradually since Monday, March 23.

India: Following official instructions from Indian authorities, all Safran sites in India are now closed until further notice.

Netherlands: One of the two Safran Cabin offices in Alkmaar (Toermalijnstraat) is closed until April 6, 2020.

Canada: Safran Cabin has suspended production at its site in Montreal, Canada for 3 weeks, starting 24 March, 2020.

USA: Safran Cabin has suspended production at its sites in Bellingham, Marysville and Newport, WA, starting 26 March until April 10, 2020.

France:
Le Havre-Pont-Audemer-Saclay et Toulouse : After deep-cleaning and disinfection operations on all French sites, we have resumed the activities that are essential to support our customers. Only people who have been issued an authorisation by the Management can access their site.
Florange : Activities that are essential to support our customers will start again on Monday, March 30th. Only the people authorized by local management can access the site.

United-Kingdom: Access to Burnley site is restricted starting Monday March 30th, 2020 until April 3rd, 2020 included. Only the people authorized by local management can access the site. 

In order to effectively combat the spread of the Covid-19 virus, the Belgian Government announced reinforced measures on March 17. Belgian companies are henceforth obliged to strictly comply with social distancing measures or risk being closed down. Consequently, Safran Aero Boosters has decided to drastically reduce its activities as of today, Wednesday, March 18. However, to meet the high priority needs of its customers, teams will remain on hand to ensure the continuity of essential and critical activities at its sites.

France: in our plants, we have adapted the activities to our customers' needs, in compliance with local government's guidance. Only essential activities will be maintained. 

Tunisia: in our plants, we have adapted the activities to our customers' needs, in compliance with local government's guidance. Only essential activities will be maintained. 

India : Following official instructions from Indian authorities, Hyderabad site in India is now closed until March 31.

Safran Electronics & Defense and its subsidiaries over the world is ensuring the continuity of its essential activities, adapted to customers' needs, with specific work organization and in compliance with sanitary and local government's guidance. 

South Africa: Following official instructions from authorities, Safran Electronics & Defense South Africa is now closed until further notice. 

France: Safran Aircraft Engines has decided to step up cleaning and disinfection operations at all its locations in France. As a result, the company has asked its employees not to report to their sites between now and Sunday, March 22 inclusive.

However, this period will require the presence of personnel essential to the security of the sites and of some of our industrial facilities, as well as to support for customer operations that cannot be provided off-site. These individuals were notified by their manager on Wednesday, March 18.

To meet the high priority needs of its civil and military customers, Safran Aircraft Engines is ensuring the continuity of its essential and critical activities.

India: Following official instructions from Indian authorities, all Safran sites in India are now closed until further notice.

Safran Transmission Systems has decided to step up cleaning and disinfection operations at its Colombes site in France. As a result, the company has asked its employees not to report to the site between now and Monday, March 23 inclusive.

However, this period will require the presence of personnel essential to the security of the sites and of some of our industrial facilities, while support for our customers' operations cannot be provided off-site. These individuals were notified by their manager on Wednesday, March 18.

To meet the high priority needs of its civil and military customers, Safran Transmission Systems is ensuring the continuity of its essential and critical activities.

France: Gradual recovery of our activities since Monday, March 23 on our French sites. A specific health protocol is carried out for each employee who comes back on site. This recovery will be gradual and is important for supporting our customers.

France: very gradual recovery of our activities since Monday, March 23, in accordance with local means and work organization in the framework of partial activity.
We will carry on cleaning and safety operations at work stations whenever necessary to guarantee that our employees work in the proper health and safety conditions.

Québec : (Mirabel plant, Montreal) : supension of activities from March 25 for 3 weeks in accordance with governmental decision.

USA: Safran Passenger Innovations in Brea, CA is now closed through April, 3.

Read the letter sent on March 18, 2020, by Philippe Petitcolin, Safran CEO, to all Safran employees worldwide

Safran takes actions to adapt to the current crisis:

• Enhanced adaptation plan
• 2020 guidance withdrawn
• Cancellation of 2019 dividend proposal with cash impact of €1bn
• New €3bn credit line

To learn more, read the press release

New Safran Additive Manufacturing Campus on track

Whereas traditional "subtractive" machining processes work by removing metal or other materials, additive manufacturing makes a part by building up fine layers of a metallic powder or other feedstock, melted by a laser beam or other means.

Safran announces the implementation of an international employee shareholding plan "Safran Sharing 2020"

Paris, March 11, 2020

The Safran Sharing 2020 employee shareholding plan is offered to more than 87,000 Group employees in 16 countries. It aims to associate employees more closely with the objectives, successes and performances of Safran. It also strengthens the integration of employees who joined the Group with the acquisition of the ex-Zodiac Aerospace in 2018.

Safran ranked fourth best employer in France by Capital

Employees have their say

Last fall, the Statista Institute asked 20,000 employees across France to anonymously take an online survey to measure how satisfied they are with their employers. To gain the most comprehensive insight possible, questions covered criteria as wide-ranging as working conditions, career prospects, training opportunities, work-life balance and gender equality. Respondents were also invited to list the employers they would recommend to their friends from a list of 2,100 companies with over 500 employees.

Safran’s target : « Responsible Supplier Relations and Purchasing » label

Safran has made several commitments aimed at supporting its suppliers' development that have bear fruit : the renewal of its "Responsible Supplier Relations*" label, that represents a genuine means of leveraging transformation in the Group, and has enabled Safran to improve its relationships with suppliers, and particularly with its small and medium-sized partners.

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