Deutsche Bank names Safran a top pick, noting 23,000 CFM56‑5B‑7B engines in service
Based on · First reported
Sources
- Deutsche Bank refreshed its European top‑pick list on 1 October, highlighting Safran as a high‑quality aerospace motor and equipment maker, and replacing several previous picks such as Barclays and IAG.
- The bank noted that 23,000 CFM56‑5B‑7B engines were in service at the end of 2024, with 70 % of those engines yet to receive a workshop visit, and it expects Safran to meet its 2028 targets while GE Aerospace forecasts a 10 % rise in scheduled engine removals in 2027.
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