Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Safran CEO says company on 'good path' to catching up on engine delays
    Finance

    Safran CEO says company on 'good path' to catching up on engine delays

    Published by Global Banking & Finance Review®

    Posted on October 14, 2025

    2 min read

    Last updated: January 21, 2026

    Safran CEO says company on 'good path' to catching up on engine delays - Finance news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:innovationdeliveryfinancial community

    Quick Summary

    Safran's CEO states the company is on track to resolve engine delays by October, with plans for a new assembly plant in Morocco to support Airbus's delivery goals.

    Table of Contents

    • Safran's Strategy to Address Engine Delays
    • Current Status of Engine Deliveries
    • Future Plans for Engine Production
    • Impact on Airbus Delivery Schedule

    Safran CEO says company on 'good path' to catching up on engine delays

    Safran's Strategy to Address Engine Delays

    PARIS (Reuters) -The chief executive of Safran said on Monday the French engine maker is "on a good path" towards catching up on engine delays to Airbus by the end of this month.

    Current Status of Engine Deliveries

    Asked whether CFM International, jointly owned by Safran and GE Aerospace, would send through enough engines to allow Airbus to meet its 2025 jet delivery targets, Olivier Andries told Reuters: "Airbus has announced they had a very good quarter of deliveries for Q3 and we also had a very good performance in engine deliveries to Airbus in the quarter."

    Future Plans for Engine Production

    During a telephone interview on separate plans to open a new engine assembly plant in Morocco, Andries noted that Airbus had reported a reduction in the number of planes waiting for engines in September.

    Impact on Airbus Delivery Schedule

    "This naturally reinforces our confidence. I have always said that we wanted to catch up on the delays by the end of October and I think we are on a good path," Andries said.    

    Airbus said last week it had delivered 507 jets in the first nine months, leaving 313 more airplanes to deliver in the fourth quarter to reach a full-year target of around 820.

    The European planemaker said the number of so-called gliders, or otherwise fully assembled aircraft parked on the ground waiting for their engines, had fallen from a peak of 60 announced earlier this year, but did not give a new figure.

    (Reporting by Tim Hepher; Editing by Richard Chang)

    Key Takeaways

    • •Safran is on track to resolve engine delays by October.
    • •CFM International aims to meet Airbus's 2025 delivery targets.
    • •New engine assembly plant planned in Morocco.
    • •Airbus reduced planes waiting for engines in September.
    • •Airbus delivered 507 jets in the first nine months of 2023.

    Frequently Asked Questions about Safran CEO says company on 'good path' to catching up on engine delays

    1What are engine delays?

    Engine delays refer to the postponement in the delivery of aircraft engines, which can impact the production and delivery schedules of aircraft manufacturers like Airbus.

    2What is the significance of engine deliveries?

    Engine deliveries are crucial for aircraft manufacturers as they directly affect the completion and delivery timelines of new aircraft to airlines.

    3What is the role of Airbus?

    Airbus is a leading aircraft manufacturer that produces commercial aircraft and relies on timely engine deliveries to meet its production targets.

    4What is the importance of opening a new engine assembly plant?

    Opening a new engine assembly plant can enhance production capacity, reduce delays, and improve the overall efficiency of engine manufacturing.

    More from Finance

    Explore more articles in the Finance category

    Image for Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Image for Analysis-Bitcoin loses Trump-era gains as crypto market volatility signals uncertainty  
    Analysis-Bitcoin loses Trump-era gains as crypto market volatility signals uncertainty  
    Image for NatWest closes in on $3.4 billion takeover of wealth manager Evelyn, Sky News reports
    NatWest closes in on $3.4 billion takeover of wealth manager Evelyn, Sky News reports
    Image for Stellantis-backed ACC drops plans for Italian, German gigafactories, union says
    Stellantis-backed ACC drops plans for Italian, German gigafactories, union says
    Image for US wants Russia, Ukraine to end war by summer, Zelenskiy says
    US wants Russia, Ukraine to end war by summer, Zelenskiy says
    Image for Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Image for Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Image for The Kyiv family, with its pets and pigs, defying Russia and the cold
    The Kyiv family, with its pets and pigs, defying Russia and the cold
    Image for Two Polish airports reopen after NATO jets activated over Russian strikes on Ukraine
    Two Polish airports reopen after NATO jets activated over Russian strikes on Ukraine
    Image for French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    Image for Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Image for Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    View All Finance Posts
    Previous Finance PostExclusive-Spain the frontrunner for Chinese carmaker BYD's third European plant, sources say
    Next Finance PostUS stocks end mixed, gold jumps amid upbeat IMF forecast, trade tensions