Aircraft production beats Brexit blues to hit Q3 record

adfwdwewe
adfwdwewe

The third quarter of 2017 saw aircraft production in the UK reach the highest level ever recorded for the period, with 260 single-aisle and 94 widebodies rolling off production lines.

Total value to UK industry from these deliveries is estimated at up to £7 billion, with widebodies forming the largest component at £4 billion to £4.5 billion. The strong three months means 1,018 aircraft were delivered in the first nine months of the year, worth an estimated £20 billion in total to UK companies.

Overall, this year’s deliveries are nine aircraft behind 2016’s record-breaking pace, as the aerospace industry continues to maintain its strong performance.

ADS chief executive Paul Everitt said: “This has been a strong three months for the global aerospace industry and for UK manufacturers. Following the annual record for deliveries set in 2016 there has been no slackening in the pace of production this year and we expect to see rates continuing to rise in the years ahead.

“To achieve forecasts of a 40% rise in civil aircraft production by 2020, it is vital that industry and government work together on a UK industrial strategy that ensures this globally competitive, high-productivity sector is as strong as possible.”

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.
1 day 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.
1 day ago News

Login / Sign up