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UPDATE 1-French group Safran maintains forecasts as quarterly sales fall 38% Reuters 4/30/2021 PARIS, April 30 (Reuters) - French aero engine and equipment maker Safran reported on Friday a 38% drop in first-quarter revenues but maintained full-year forecasts as airlines face a bumpy recovery from the coronavirus pandemic. Chief Executive Olivier Andries said the downturn reflected continued uncertainty over the industry s worst crisis but voiced optimism about a relatively quick pickup in demand for medium-haul models that support much of Safran s business. Safran co-produces engines for the Boeing 737 MAX family and competes with Pratt & Whitney on the Airbus A320neo in the busiest segment of the jetliner market through their CFM International venture.

France generalSudip kar guptaOlivier andriesEdmund blairTim hepherPratt whitneyExecutive olivier andriesFuture combat airபிரான்ஸ் ஜநரல்சூடிப் கர் குப்தாஆலிவர் ஆண்ட்ரீஸ்எட்மண்ட் பிளேயர்ப்ர்யாட் விட்னிஎதிர்கால போர் அேக