Safran warns will have to raise prices in response to US tariffs
5 Articles
5 Articles
Safran warns will have to raise prices in response to US tariffs
French aerospace and defence supplier Safran warned Friday that it would have to apply surcharges in response to US tariffs. The warning came as the company, a key supplier of commercial aircraft engines via a joint venture with GE Aerospace, reported strong first quarter revenue growth thanks in large part to parts for servicing jet engines. “The situation concerning tariffs is extremely volatile, but we shouldn’t have illusions: we’re going to…
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