Safran has proved it can navigate bad weather. Despite a damaged supply chain due to the Ukraine war, China air traffic at its lows and cost increases, Safran has reiterated its FY22 guidance and is confident that 2023 will reach 2019 levels. However, there are some worrying headwinds that could see thinner margins.
02 May 2022
Q1 22: Slight beat despite stalling ASK, margin pressure ahead
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Q1 22: Slight beat despite stalling ASK, margin pressure ahead
- Published:
02 May 2022 -
Author:
Romain Pierredon -
Pages:
3
Safran has proved it can navigate bad weather. Despite a damaged supply chain due to the Ukraine war, China air traffic at its lows and cost increases, Safran has reiterated its FY22 guidance and is confident that 2023 will reach 2019 levels. However, there are some worrying headwinds that could see thinner margins.