Aerospace deliveries flying high towards new record in 2018

ukhbjhvgjvg-1024x768
ukhbjhvgjvg-1024x768

The global aerospace industry remains well on track for another record year in aircraft production, as 2018 deliveries reached 809 by the end of July, worth up to an estimated £15 billion to UK industry.

July itself saw a record month, with nine aircraft more than the previous record of 107 set in 2017. Last year set a new annual record of nearly 1500 deliveries, with industry expectations confident of another new record to be set in 2018.

The strong performance of wide-body aircraft orders in 2018 continued, with 264 orders placed this year – the best figure for the first seven months of the year since July 2014.

ADS chief executive Paul Everitt said: “Aerospace manufacturers in the UK and around the world are continuing to boost production and the latest delivery figures show we can be confident of another new record in 2018.

“The aircraft delivered to customers around the world so far this year are worth up to £15 billion to the UK, providing high value jobs across the country in an innovative, high tech sector where we offer world-leading capabilities.

“We are in a strong position to build on our national success in this sector if we can continue to boost our productivity and competitiveness.

“The greatest risk to our ability to compete in international markets is the threat posed by the UK leaving the European Union with no deal. It is vital that negotiators act quickly to reach an agreement that protects jobs and prosperity in the UK and Europe.”

www.adsgroup.org.uk

Company

ADS Group

Most recent Articles

Here’s the aircraft to be showcased at ILA 2024

Be it the latest prototype of the Lilium eVTOL, the Do328 Uplift as a flying test bed for eco-friendly aviation technology, or the world’s largest airliner – from 5-9 June a comprehensive range of aircraft will be on display at ILA Berlin.
16 hours ago News

Aura Aero and SGEF announce cooperation

French aircraft manufacturer Aura Aero and Societe Generale Equipment Finance (SGEF), the international subsidiary of Société Générale group, have announced a cooperation in the field of aircraft financing.
17 hours ago News

Login / Sign up