Safran raised its full-year 2026 financial targets following record first-half profitability.
The French aerospace group reported a 29% surge in recurring operating income to €3.24 billion. Revenue grew 19% during the period.
Spare parts sales rose nearly 28% in dollar terms. This performance reflects exceptionally strong demand for high-margin civil aftermarket services.
Safran increased its 2024 forecasts for profit, revenue, and LEAP engine deliveries. The upgraded outlook mirrors a recent move by partner GE Aerospace, signaling sustained health across the commercial aviation sector.