ADS: Brexit uncertainty hampers UK aerospace growth

FlightGlobal | June 12, 2019

ADS: Brexit uncertainty hampers UK aerospace growth
UK aerospace trade association ADS is seeing a slowdown in the country's supply chain activity and investment as a result of the uncertainty surrounding Brexit. Chief executive Paul Everitt said during a briefing on 11 June that the UK industry is growing at a "significantly lower rate" than in other countries, and that demand at UK suppliers declined in 2017 and 2018 – a period during which, he notes, the sector experienced "significant growth elsewhere". He says that UK suppliers were not invited to tender for civil aerospace contracts during the months ahead of the UK's previous target of exiting the EU on 29 March. Existing contracts were not terminated, but UK suppliers did not win follow-up deals as a result of uncertainty around the country's future trading conditions, Everitt says.

Spotlight

The global commercial helicopter market is expected to register a CAGR of 4.11% over 2018–2028. The light helicopter segment is to witness the highest spending in the global commercial helicopter market. Asia-Pacific is expected to lead the commercial helicopter market over the forecast period. Persistent technological developments will lead to industry growth.

Related News

Rochester Airport In Upstate New York To Be Renamed

Greater Rochester International Airport | August 18, 2020

Greater Rochester International Airport (ROC) is set to be renamed after Frederick Douglass, a famed American abolitionist, author, and leader in the antislavery movement. Mr. Douglass does have connections to Rochester, New York, and, after a summer of continued reckoning with race relations in the United States, it is fitting for him to receive an honor of the sort. The Monroe County legislature approved the motion to rename the airport after Frederick Douglass on August 11th.

Read More

Virgin Atlantic Takes Delivery Of 3 Year Old Airbus A350-1000

Virgin Atlantic | September 10, 2020

Virgin Atlantic has taken delivery of its latest A350-1000. Registered G-VDOT, the aircraft was delivered from Toulouse to Manchester at lunchtime yesterday, marking the first A350 delivery for the airline since G-VJAM arrived in October 2019. DOT took off from the Airbus plant in Toulouse at 12:15 local time yesterday. After around an hour and a half in the sky, she touched down at Manchester Airport. Photographer Anthony Bryant caught some wonderful images of the plane’s arrival into MAN.

Read More

Aerolineas Argentinas Plans Nonstop Airbus A330 Flights To Cyprus

Aerolineas | August 10, 2020

Aerolineas Argentinas is planning some very special Airbus A330-200 charters to Cyprus. Two roundtrips are currently scheduled with one coming next week and another in early September. These nonstop charters will support the United Nations Peacekeeping Force in Cyprus. Back in July, the Argentinian flag carrier announced it was to operate two roundtrip flights between Buenos Airlines and Cyprus to carry troops. The troops will relieve members of the Armed Forces of the Argentine Republic that are deployed in Cyprus in support of the United Nations Peacekeeping Force in Cyprus (UNFICYP).

Read More

Spotlight

The global commercial helicopter market is expected to register a CAGR of 4.11% over 2018–2028. The light helicopter segment is to witness the highest spending in the global commercial helicopter market. Asia-Pacific is expected to lead the commercial helicopter market over the forecast period. Persistent technological developments will lead to industry growth.