The trading at the Paris Airshow has now closed for another 2 years – and despite predictions of a particularly quiet show, manufacturers still managed to tally up over 1,200 orders & commitments for aircraft over the last 4 days.
Globally, and at list prices, this equates to around £87bn of business.
But what does this mean for the UK’s Aerospace industry? Well, ADS has broken down all the numbers below =
Total Airshows Orders/ Commitments/ Options: 1,223
- Regional Aircraft: 278
- Single Aisle Aircraft: 834
- Widebody Aircraft: 111
Global Value: £87bn
Value to the UK’s Aerospace Industry: Between £9 – 11bn
- Regional Aircraft: £300 – 450m
- Single Aisle Aircraft: £4.5 – 5.5bn
- Widebody Aircraft: £4.2 – 5bn
These values for the UK equate both to large contributions of parts such as wings and engines, but also means opportunities from companies across the UK supply chain. Below is a list of some of the largest orders/ deals and what they mean for UK Industry:
1. Indonesian carrier Garuda, signed a letter of intent for thirty Airbus A350s which, if converted into a firm order, could be worth up to £2.9bn to UK industry. UK companies supply a range of parts into the programme – including landing gear, fuel pumps and engine health monitoring equipment
2. Ethiopian Airlines confirmed the purchase of six Boeing 787-8 Dreamliners. The deal could be worth up to £250m to UK industry with British companies making up about 25 per cent of Rolls-Royce powered 787s’ value, this includes Rolls-Royce Trent engines; the business class seating; landing gear, and fuel pumps and valves.
3. Deals for 240 Boeing 737-Max’s were announced across the three days. The UK is a significant supplier into the platform – with GKN producing the advanced technology winglet for the 737-MAX, and other UK companies supplying engine sensors, flight control actuators, thrust reverse actuators, and heat exchangers.
4. Deals for more than 430 A320neos were announced by Airbus, which could be worth up to £4bn to the UK’s Aerospace industry. Over £100m is being invested in the A320 wing assembly line at Airbus in Broughton, North Wales in order to equip the factory with new, semi-automated pulse line technology systems to improve efficiency and ensure readiness for a ramp-up in production levels.
5. A major order for the freighter version of the 747-8 ‘Jumbo Jet’ was announced by Boeing. This deal will help to maintain on-going production of the 747-8, with UK companies contributing parts ranging from passenger windows to galleys, and flight deck interiors.
