Strong start to the year for the UK’s aerospace industry

Strong start to the year for the UK’s aerospace industry

The UK’s aerospace industry has got off to a stellar start in 2017, with 69 new aircraft coming off the production line in January alone, contributing £1.4bn to the economy.

Although these latest figures released by ADS contrast with an exceptional December, when 181 new aircraft were produced, they represent a realistic January delivery rate and resilience to the challenge of a record-breaking finish to the previous year.

A major order for single aisle engines placed this January has also pushed the engine backlog up to record breaking levels. With 624 added to the order book, manufacturers now have a total of 23,392 engines to deliver. 

Paul Everitt, chief executive of the ADS Group, said: “January’s figures show a confident start to the year for the aerospace industry. 2017 is set to be a defining year for UK industry as it asserts its strengths in tough international markets against the challenge of Brexit.  

“Through the launch of its industrial strategy Green Paper, the government has reaffirmed long-term commitment to work with the aerospace industry – through the Aerospace Growth Partnership – in support of R&D and supply chain competitiveness.

"This approach is encouraging world-leading companies to invest in new facilities, technology and skills, and positioning the UK to win work on future aircraft programmes.”