Aerospace industry: 628 aircraft delivered in 2019 so far

Widebody aircraft deliveries reached a new record in the first half of 2019: 200 were delivered, helping the value to UK industry of 628 deliveries overall by the global aerospace industry remain strong at up to £14.5 billion.

Challenges in the global aerospace industry have seen deliveries fall behind the pace set in a record 2018, while orders also fell as the backlog of aircraft orders fell to 13,866.

Taking account of the headwinds facing the global aerospace industry for the remainder of 2019, ADS Group has revised down its forecast for 2019 aircraft deliveries by 300 to 1,489 aircraft.

Engines orders remain strong as the backlog increased in the first half of 2019 to 26,578, following a 50% increase in single-aisle engines chosen for single-aisle aircraft in the backlog.

ADS chief executive Paul Everitt said: “The Global aerospace industry continues to set new records, with 200 widebody deliveries during the first 6 months of 2019. This is positive news for UK industry, helping to push the value of global aircraft deliveries to the UK to £14.5 billion.

“The outlook for the second half of the year has been revised down to reflect some specific market conditions and wider concerns about international trade economic disruption.

“Aerospace is a UK success and a strong partnership between industry and Government will be essential to maximise the industrial opportunities from meeting the environmental challenges associated with the global growth in aviation demand.”

www.adsgroup.co.uk

Company

ADS Group

Most recent Articles

Carter enjoys success at HAI HELI-EXPO event

Acknowledged as the World’s largest vertical aviation conference and trade show, HAI HELI-EXPO 2024 provided precision bearing specialists Carter Manufacturing a perfect opportunity to exhibit its extensive range of aerospace bearing installation, removal and testing tools, along with PMA bearing options.
1 day ago News

Login / Sign up