Delivery rates for March show the UK’s Aerospace industry is back on track
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Record delivery levels for March 2016 provide optimism for production increase in 2016
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Four per cent growth compared with the same month last year
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Overall aircraft delivery rates in Q1 of 2016 are up 35% on those five years ago
Data released today by aerospace trade organisation ADS Group shows that figures for March 2016 are back to record-breaking levels, with 128 new aircraft coming off the production line.
While delivery rates for the first quarter of 2016 are down by five per cent compared with the same quarter last year, the initial slowdown reflected a shift by manufacturers to the production of new aircraft types. However, with delivery rates having recovered in March, there is clear optimism that the UK’s aerospace industry will meet the challenge of a backlog which is currently three per cent higher compared with the first quarter of 2015.
Paul Everitt, Chief Executive of ADS Group, commented: “March’s delivery data demonstrates that the UK’s Aerospace industry continues to gain from its commitment to increasing productivity. The impacts of a slow start to the year, as a result of a move by manufacturers to start producing new aircraft, look set to be absorbed and 2016 promises to be a strong year for aircraft deliveries.
“By taking a modern approach to industrial partnerships through the Aerospace Growth Partnership, there exists a climate in which industry can respond to challenges effectively, benefiting from the investment in innovation which drives up productivity, enabling it to compete successfully.”
Commercial Aircraft Deliveries (Cumulative year-to-date delivery totals, end of month)
250416 ADS Commercial Aircraft Orders Deliveries Data - Q1 2016