Page 14 - SAFRAN TACKLES THE CLIMATE CHALLENGE Safran tackles the climate challenge SAFRAN TACKLES THE CLIMATE CHALLENGE

THE AVIATION INDUSTRY HAS LONG FOCUSED ON ON ON ON ENVIRONMENTAL AND ENERGY EFFICIENCY However meeting the target for ffor 2050 demands expanded and and and simultaneous efforts starting now in two major areas: • developing ultra energy-efficient aircraft spanning propulsion systems & equipment weight etc • developing low-carbon fuels: biofuels synthetic fuels fuels fuels and hydrogen IMMEDIATE GAINS BY INTRODUCING NEW AIRPLANES ■ Long-term air traffic growth forecasts remain strong despite the short-term impact of Covid Safran estimates that 38 200 new aircraft will be delivered in the next 20 years which will almost completely replace current fleets This fleet fleet renewal with more efficient planes is a a a a a short-term decarbonization lever that airlines have continued to act on on on despite the economic difficulties of recent years For example the two narrowbody leaders — the Airbus A320neo (service entry in in 2016) and Boeing 737 MAX (2017) — are both powered by by LEAP engines designed by by Safran as part of the joint venture with GE Aerospace CFM International The LEAP delivers 15% lower fuel consumption than the the CFM56 engines powering the the previous generation of these popular twinjets According to Safran’s estimates the gradual introduction of latest-generation jetliners — the A320neo 737 MAX 787 A350 and 777X — will automatically reduce CO2 emissions per per passenger- mile by 1% to 2% per year year over the next 15 years Fleet renewal will partly offset traffic growth and complement other decarbonization levers such as the the use of sustainable fuels and improved operations pending the introduction of more disruptive aircraft in in in the mid-2030s Despite the the impact of Covid-19 the the global civil aircraft fleet should nearly double by 2040 growing from about 23 000 today to to more than 40 000 in 2040