New brand identity presentation

The French industrial group Finaero becomes Satys and prepares for controlled growth.

The French industrial group Finaero adopts the name Satys to link its activities, divided into four business units:

  • Satys Sealing & Painting (formely STTS): aircraft painting & sealing, aerostructures & railway equipment.
  • Satys Interiors (formely AIP, AIT and SMTC): design and production of railway and aircraft interiors.
  • Satys Electric (formely CIEE Interconnect): wiring and cable assemblies for the medical, energy, rail and aerospace sectors.
  • Satys Surface Treatment (formely AST): surface treatment for aerospace components.

Why Satys? Customer satisfaction, one of the group’s key values.

A simple name that evokes customer satisfaction and embodies the group’s values:

  1. Partnering with our customers:  innovating to create tailor-made solutions
  2. Operational excellence:  our DNA
  3. People oriented:  develop industrial infrastructures to allow for good working conditions, respect for the environment and guarantee sustainability and diversity for employees

 Christophe Cador, Chief Executive Officer and the Group’s founder: “In addition to better clarity for our customers, Satys reflects the DNA of our group, its teams, its history: we all share the same objective of customer satisfaction for today and tomorrow. This can be found in our respect for on-time delivery and quality that we impose on ourselves as well as a constant pursuit of competitiveness for our products and services. These are the conditions for our development and the sustainability of our markets. I would like to take this opportunity to pay tribute to Satys’ teams who strive on a daily basis towards that end.

 Our development’s success: strong and controlled growth

Satys group completed the 2017 fiscal year, which ended September 30th, with a revenue of €172m an increase of 28% over 2016 and 19% at constant scope, with 2500 employees in 11 countries in Europe (Francs accounts for 60% of the employees), Middle East, China, South-East Asia and North America. The group’s headquarters are in Blagnac (Occitanie Region of France). Activity in 2018 will be superior to €200m at constant scope and profitability will make it possible to support future investment programs after those from the 2016-2018 period which amounted to €120m. At the end of the five year road map established in 2017, the group has set itself an objective to double its activity by 2025, through internal growth and acquisitions across the four business units, while remaining agile and always ready to reassess itself.

 

Satys Sealing & Painting is today one of the leading partners of Airbus and Boeing in a risk sharing program for painting new aircraft. Furthermore, Satys Sealing & Painting is already present in the aircraft repainting (MRO) market and will intensify its development, especially in the Middle-East, thanks to the opening of a new paint hangar able to accommodate the A380 at the Dubai South Al Maktoum airport in 2019. Satys Sealing & Painting will be able to paint more than 1000 aircraft by 2023. Based in Blagnac, the heart of the aircraft painting world capital, Satys Sealing & Painting has initiated innovation programs so that customers can improve their competiveness especially in aerostructures. This innovation is supported by Expiris, the group’s R&D lab in which the company holds 50% of shares.

Satys Interiors specialized in railway and aerospace interiors in specific markets, will boost its growth thanks to its presence in China and through external growth especially in the rail industry. 

Satys Electric, of which the design office and manufacturing are based in Thailand, will continue to provide support for its customers in the medical, energy, railway and aerospace sectors with two new sites planned for in Germany and the USA. This development will allow Satys Electric to see its activity doubled by 2025.

 Finally, Satys Surface Treatment, the group’s new activity, will undertake heavy investments. Like in the other business units, disruptive innovation, competitiveness, zero-pollution, working conditions and internalization will all drive new growth. New acquisitions are currently under consideration in this business unit.

 PRESS CONTACT: 

Yann Bonnet: This email address is being protected from spambots. You need JavaScript enabled to view it.
Julie Badas: This email address is being protected from spambots. You need JavaScript enabled to view it.

Aircraft interior design made by AIP in the Middle East

New partnership for the Middle East.

At the same time that the Dubai wide body hangar was being built, AIP began developing its aircraft interior design in the Middle East. Frédéric Seguy has been overseeing these two projects since his expatriation there last summer.

AIP recently joined forces with Greenline Interiors, a company that has been in Dubai for 40 years and specializes in the interior design of luxury hotels, palaces and some of the biggest yachts in the world. The new company is simply called AIP GREENLINE, Aviation Interiors and plans to start renovating aircraft interiors in order to subsequently ramp up manufacturing activities. Since March 1st 2017, Mark Chandler has been working with Frédéric Seguy as foreman. Mark brings with him over 30 years of experience in interior cabin design. Backed by AIP/AIT and Finaero, the team is currently concentrating on the redesign of the workshop located in the Greenline buildings, recruitment of a production team and the implementation of procedures to acquire local and European certifications (EASA PART145 + GCAA CAR145).

Please note that a new project will begin in April with Etihad Airways Engineering in Abu Dhabi, to support all work done in the A320 VIP cabins, work which is done with the help of AIT Toulouse. Let’s hope this is the first project of many more to come!

Paris Air Show: Emmanuel Macron visits Finaero’s stand

Paris Air Show: Emmanuel Macron visits Finaero’s stand.

This morning the Paris Air Show opened its doors. During one week actors of the aviation industry worldwide will meet and discover technological innovations, conclude new agreements as well as meet new prospects.

The French President, Emmanuel Macron, inaugurated the show this Monday in presence of a delegation of members of the GIFAS, the French Aerospace Industries Association, including Christophe Cador.

After his arrival in an A400M, the delegation greeted the President at the GIFAS Chalet to watch some flight demonstrations. The President then went to the Airbus Chalet where Christophe Cador had the occasion to present him our group and accompany him while visiting our stand as well the plane, where STTS has a booth demonstrating the group’s painting expertise. The President met Caroline Calmettes and Fabien Bordée, painters, David Soulage, technical manager as well as Matthieu Breton, Head of the Paris business unit of STTS.

The visit of the President at our stand is an important sign of recognition of the knowhow of each and everyone of you. I was honored to present it to him in all of our names.” Christophe Cador President and CEO of Finaero.