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Aerospace

Aerospace industry hits 900 commercial aircraft deliveries in 2015

The highest ever recorded figures of commercial aircraft deliveries (year-to-date) – totalling 900 altogether – confirm the continuing ramp-up in production rates and strong growth for the UK Aerospace industry, according to figures released by UK aerospace trade organisation, ADS Group.

The aircraft data comes ahead of London hosting the European Commission’s flagship event in aviation research and innovation, Aerodays2015. The Conference, which is being held in the UK for the first time ever, brings together experts, industry leaders and policy makers from around the world to showcase technological and industrial developments from across the aerospace sector.

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Paul Everitt (right), Chief Executive of ADS Group, commented: “As London prepares to welcome some of the world’s leading experts in aeronautical research for Aerodays2015, the aircraft order and backlog data emphasises the success of the UK aerospace sector. UK businesses are globally competitive, meeting increasing demand and at the forefront of developing the new technology that will shape the future of the sector.

“With six additional aircraft rolling off the global production line each month, the UK’s aerospace sector is responding to the increase in production rates. In addition the strong order backlog will help safeguard some of the 111,000 high skilled and high tech jobs the sector provides across the UK.”

The high volume of aircraft deliveries – up by 6% year-to-date from 2014 levels – are estimated to be worth around £15bn to the UK’s aerospace industry.

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Revenue generated by aircraft deliveries is crucial to sustaining important R&D and continued investment in the UK aerospace sector.

Since 2010, the UK aerospace sector has grown more than 30 per cent. Significant investment through programmes such as the Aerospace Growth Partnership (AGP), National Aerospace Technology Exploitation Programme (NATEP) and the Aerospace Technology Institute (ATI), has initiated the development of new key technologies which will help fulfil the global backlog of over 13,000 aircraft, as well as push the boundaries of aerospace research and engineering.

 

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