Emirates & Safran Sign $1.2bn Deals

This week, UAE carrier, Emirates, signed multiple deals with Safran worth over $1.2 billion USD when all of the contracts have been combined.

This article will cover the details surrounding these new contracts placed with Safran from Emirates and what each one will entail for the UAE carrier.

Emirates & Safran Sign Multiple Contracts

Most notably, the largest contract between Emirates and Safran includes a $1 billion USD agreement for the latest generation of Safran Seats for Emirates’ incoming Airbus A350s and Boeing 777X-9s as well as retrofitting for their existing Boeing 777-300ERs.

The new seats will be fitted in Emirates’ Business, Premium Economy, and Economy classes for both the UAE carriers Airbus A350 and Boeing 777X-9.

The other contracts between the two companies consist of cabin equipment, wheels and carbon brakes, landing gear component repairs, retrofit and MRO support.

These new contracts support a significant milestone for a French company exporting, as well as Emirates’ investment into both France and Europe.

Executive Comments

Commenting on this major milestone agreement with the French manufacturer, President of Emirates Airline, Sir Tim Clark, says, “Safran is a key partner for Emirates and we’re working closely to reimagine and elevate our future cabins with smart design and the latest technologies. These have been decisive factors in our selection of seat types which will be customized for Emirates.”

“Today’s announcement is significant not only because it cements the partnership between Emirates and Safran, but also because it supports aviation manufacturing and the wider value chain in France and across Europe.”

Adding to Sir Tim Clark’s comments, Safran’s Chief Executive Officer, Olivier Andriès, has said, “Safran is very proud of our longstanding strategic alliance with Emirates.”

“The continuation of our 30-year partnership underscores Safran’s commitment to innovative solutions for aircraft interiors, critical aircraft equipment and services to ensure the best possible passenger experience. Today’s agreements set the stage for Safran’s continued growth along with our customer, a leader in the global market. More than ever, we are looking ahead to the future.”