Boeing and Safran secure regulatory approvals to begin their joint venture for designing, building and servicing Auxiliary Power Units
Boeing and Safran have received regulatory approvals for a joint venture so they can begin designing, building and servicing aircraft Auxiliary Power Units (APUs)—onboard engines that are primarily used to start the main engines and power aircraft systems while on the ground and, if necessary, in flight. The companies also named Etienne Boisseau as Chief Executive Officer of the joint venture.
The agreement establishes a partnership between two of the world's leading aerospace companies to work together on APU products and expanded service capabilities to benefit customers and industry. Both companies have a 50 percent stake in the joint venture. The initial team will perform design work in San Diego, Calif.
"Safran is proud to launch this joint venture with Boeing in order to offer state-of-the-art APUs and enhance customer value. Together, we are committed to delivering innovative, highly technological and cost-competitive solutions to global customers. We are confident this joint team will provide first-class products and services within the best integrated industrial organization," said Philippe Petitcolin, CEO of Safran.
The joint venture combines Boeing's customer and airplane knowledge and Safran's experience designing and producing complex propulsion systems.
"We are open for business and excited to offer even more value to our customers throughout the lifecycle of their investment. This joint venture strengthens Boeing's vertical capabilities as we continue to expand our services portfolio. By making strategic investments that accelerate our growth plans, we also are providing our customers with expanded, innovative services solutions," said Stan Deal, President and CEO of Boeing Global Services.
In addition to Etienne Boisseau, others nominated to the joint venture's leadership team include:
Linda Hapgood, Chief Operating Officer
Erin Morrissey, Chief Financial Officer
Joan Inlow, Chief Technology Officer
The name of the joint venture as well as the location of the future headquarters and production and service facilities will be announced at a later date.
Safran currently supplies a wide range of components to Boeing commercial and defense programs, including as a partner to produce CFM's LEAP-1B engine for the 737 MAX (through CFM International, a 50/50 JV between Safran Aircraft Engines and GE). Boeing and Safran also are partners in MATIS, a joint venture in Morocco producing wiring products for several airframe and engine companies.
BAA Training is the first ATO to launch a PPSP that became mandatory for European operators on 14 February 2021. The regulation is restricted to airlines and does not extend to training providers. How...
From 12 May 2021, travellers flying from Abu Dhabi with Etihad Airways, the national airline of the United Arab Emirates, will be able to validate their Covid-19 travel documents before arriving at th...
CAE announced that it has been selected by Jaunt Air Mobility to lead the design and development of the Jaunt Aircraft Systems Integration Lab (JASIL) for the the company's new all-electric v...
A Bombardier Challenger 350 has joined Clay Lacy Aviation’s South Florida private jet charter fleet. Based at Palm Beach International Airport (KPBI), this super-midsize Challenger 350 offers do...