in Aerospace

Aircraft order backlog offers longer-term reassurance in challenging 2020

Posted 30 March 2020 · Add Comment

Figures for January and February aircraft orders and deliveries show 314 aircraft orders, the largest January-February in the last six years and a 471% increase on the same period last year.



February saw only 18 aircraft orders, all of which were widebody aircraft, but following 296 orders in January, the year-to-date on overall aircraft orders remained positive.

The aircraft order backlog remains above 14,000 aircraft, demonstrating at least eight years of work-in-hand and worth up to £210 billion to the UK, providing some long-term confidence for the industry despite continuing uncertainty and new challenges in 2020 as Governments and societies around the world address Coronavirus.

Aircraft deliveries are being impacted by a variety of factors, with record low deliveries for February 2020 of 72 aircraft. From next month, direct impacts of Coronavirus on aircraft orders and deliveries will start to be seen, and year-on-year comparisons will show the impact of the global pandemic.

As Coronavirus takes its toll on global society, some of the UK's world-leading aerospace manufacturers are using their skills in producing complex and precision-engineered equipment to contribute to production of ventilators for the NHS.



ADS Chief Executive, Paul Everitt (above) said: “We are doing all we can to ensure our aerospace supply chains have the protection and support that they need to get them through the COVID-19 global pandemic so that they can continue to manufacture world-class products and equipment.

“Many companies will face significant challenges and it is essential that support announced by the Government should be made available to affected businesses quickly, protecting jobs and the prosperity of communities across the country. In the months ahead, we will also need to explore how best to support companies on the journey back to stability and growth.”

 

 

 

 

* required field

Post a comment

Other Stories
Advertisement
Latest News

EasyJet to resume flying from 15th June

EasyJet’s has announced plans to resume some flights from 15th June, including the airline's daily services between Glasgow, London Gatwick and Belfast airports and resume flights across its European network in France from Nice,

£1m available to support MoD innovation priorities

Defence Innovation funding has been set aside for civil sector support of the innovation priorities of the UK Ministry of Defence (MoD).

WTTC launches safe travel protocols

The London headquartered World Travel & Tourism Council (WTTC) has today unveiled the second phase of measures to rebuild global consumer confidence to encourage the return of air travel and tourism.

Nasmyth CE attains JOSCAR accreditation

Nasmyth CE, a Trading Company of Nasmyth Technologies Ltd, has achieved JOSCAR Accreditation.

New report reveals UK as world leader in online safety innovation

A new report published yesterday, shows that the UK’s rapidly-growing safety tech sector is helping make the online world safer for millions of people.

HMS Queen Elizabeth steps closer to maiden operational deployment

HMS Queen Elizabeth is one step closer to being able to deploy on global operations after completing the first stages of Operational Sea Training.

Atkins SK1405170620
See us at
SMI favws BT0602040620DVD 2020