Aircraft orders for July worth £2.5bn matched by record orders for engines
- Aircraft engine order book hits record new high with UK industry to deliver 22,458 new engines
- Positive effects of July’s Farnborough international Airshow continue to boost industry with orders for 201 single aisle aircraft placed in July
- Total aircraft backlog now stands at a record 13,335
Figures released today by trade organisation ADS Group show that the UK’s high-value, high-skill aerospace industry is looking towards a busy future with orders for engines during July 2016 four times higher than in July 2015. This rise pushes the backlog of engines on order up to 22,548 – the highest ever recorded.
July also saw orders placed for 201 single aisle aircraft. The orders, driven by the Farnborough Airshow, are worth up to £2.5bn to UK industry and equate to the highest ever backlog of single aisle aircraft on the order book which now stands at 10,785.
Paul Everitt, Chief Executive of ADS Group, commented: “There continues to be strong global demand for new aircraft and their engines, with July’s orders boosted by a strong Farnborough International Airshow. The UK aerospace industry continues to focus on delivering the rate increases required to meet record order books. The UK industry provides high value, long-term employment across the country and continued growth offers fantastic career opportunities whether you are looking for an apprenticeship or have a degree.”
“The Aerospace Industrial Strategy is helping to encourage investment in new technology, facilities and employment opportunities, it provides a great example of how Government and industry can work together to strengthen supply chains, promote innovation and boost training and skills.”
