in Aerospace

Paris Air Show: orders worth 3.3bn to UK

Posted 19 June 2017 · Add Comment

Aerospace manufacturers and airlines announced 354 new orders and commitments on the first day of the biennial Paris Air Show, worth £35 billion globally and an estimated £3.3 billion to the UK.

The new business announced on the first day of the air show reflected the positive outlook of the aerospace industry around the world.

A large order for 100 A320neos, the latest version of Airbus’s single aisle A320 series, was placed by leasing company GECAS and will be worth a total of £1.2bn to the UK, which manufactures wings for the A320 family.

More than £100m is currently 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.

The UK also has a deep aerospace supply chain, which will benefit from the GECAS order, including companies supplying tyres, communication antennas and flight control actuators.



ADS Chief Executive Paul Everitt (above) said: “The first day of the Paris Air Show has seen positive news for the aerospace sector, both around the world and in the UK.

“Orders and commitments announced today will bring more than £3bn into our economy as the systems and components of these aircraft are designed and manufactured in the years ahead.

“The economic benefits will be spread to every nation and region of the UK. Our aerospace sector is a globally competitive industry that continues to make a major contribution to the country’s long-term prosperity.”

The UK has the largest aerospace sector in Europe, with an annual turnover of £31.8bn. In the first four months of this year, deliveries of new aircraft were worth up to £8bn to the UK, and the global backlog of orders remains close to record highs.
 

* required field

Post a comment

Other Stories
Advertisement
Latest News

Smiths Detection to enhnce security at Japan's Narita Airport

Smiths Detection has been selected to supply innovative solutions for people screening and search functions in Tokyo's Narita International Airport.

Air Mauritius takes delivery of its first A350 XWB

Air Mauritius has taken delivery of its first Airbus A350-900 aircraft, opening a new chapter for the Indian Ocean carrier. The aircraft, leased from AerCap, was delivered during a ceremony held in Mauritius today.

Maycast-Nokes wins National Apprenticeship Award

Maycast-Nokes has won the Medium Employer Of The Year 2017 (East of England) at the regional final of the National Apprenticeship Awards 2017.

Global airport industry climate action surpasses 200 airports

At this year's ACI World & Africa Annual General Assembly (WAGA) hosted by Airports of Mauritius Co, the global airport industry issued an update on the progress it has been making in addressing its CO2 emissions, through the

Rolls-Royce Trent 7000 powers A330neo first test flight

The Rolls-Royce Trent 7000 has successfully powered the new Airbus A330neo into the skies for its first test flight today.

Crawley Borough Council approves Boeing Gatwick hangar

Boeing's proposed plan with Gatwick Airport to build a new aircraft hangar has been granted permission to go ahead by Crawley Borough Council, with full works scheduled to commence later this year.

Aviation Africa SK18418
See us at
SMI FAV BT1007161117SMI MilSat BT2907101117SMI AirMissBT0305251017Aviation Africa BT18418FIL18 BT111017220718Advanced Engineering BT1007021117