The Competition and Markets Authority (CMA) is currently assessing the undertakings proposed by Safran, which involve divesting a significant portion of its business related to Trimmable Horizontal Stabilizer Actuator (THSA) systems. This assessment follows the CMA's Phase 1 investigation, which raised competition concerns regarding the merger with Collins.

THSA systems are crucial components in the design of commercial aircraft, facilitating the movement of the horizontal tail to maintain stability and reduce drag. The CMA's preliminary findings suggest that the proposed remedies could effectively address the competition issues identified, but further scrutiny and third-party feedback are necessary before a final decision is made.

Both Safran and Collins acknowledged the potential competition concerns early in the investigation and have been proactive in engaging with the CMA to propose solutions. The CMA is particularly concerned that without these remedies, the merger could lead to increased costs for THSA components, reduced innovation, and fewer choices for aircraft manufacturers, ultimately impacting airlines and logistics companies.

Naomi Burgoyne, Senior Director for Mergers at the CMA, emphasized the importance of a competitive supply chain in ensuring that aircraft purchasers have access to the best options at competitive prices. The CMA is now in the process of gathering feedback on the proposed undertakings, with a preliminary view that they may resolve the identified concerns.