UK aerospace goes from strength to strength
The UK aerospace sector is responding to growing demand, with year-on-year aircraft and engine deliveries up by 7%.
Trade organisation ADS Group says the increased rate of production puts the estimated worth of deliveries to the UK economy at £10billion.
The data also revealed a record monthly aircraft backlog figure, which now stands at almost 11,500.
This is equivalent to around nine years work in hand, offering a stable foundation for the UK to continue to build its success as the European market leader in aerospace.
The increasing global demand was also reinforced by record aircraft orders placed at the recent Farnborough International Airshow. The orders, totalling $201bn, are expected to deliver around £18bn to the UK economy.
Paul Everitt, chief executive of ADS Group, said: "The data from the first half of 2014 confirms the positive outlook for UK aerospace. Industry is working hard to increase output and meet the rising demand and expectations of customers. Industry and government are also continuing their close partnership through the Aerospace Growth Partnership to encourage increased investment in skills, technology and the supply chain.
"The record number of orders and commitments made at the recent Farnborough International Airshow reflect the buoyancy of the market and the continued growth in passenger air traffic. The success of industry at the show is positive news for the global aerospace industry, and particularly the UK businesses which play such a significant role in meeting market demand."
