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In The News April Safran Wins 3 Crystal Cabin Awards SOPHY is a wafer-thin, smart monitoring device for catering trolleys. Safran agreed to buy Zodiac in to create the world's third largest aerospace supplier after cutting its offer following a string of profit warnings from the aircraft seat maker, and completed the deal the following year.

Safran declined to identify the activities under review, but recently-appointed CFO Pascal Bantegnie said weakly defended or least profitable activities might be sold. The renamed Safran Seats and Safran Cabin businesses, part of the company's Aircraft Interiors division, are both set to reach breakeven in and double-digit profitability by and "take advantage of the recovery of a severely hit market". Subscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.

But he signalled little progress had been made in agreeing on increases beyond that, with both Airbus and key suppliers standing their ground in quarterly earnings calls this week.

It is still an open question," Andries told reporters. But the supply chain has been greatly weakened during the crisis. N , was more supportive of Airbus' plans. Andries noted suppliers were experiencing global labour shortages, a recurring theme in the latest earnings worldwide.

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