The impact of Brexit on the aerospace sector

March 19, 2018

The aerospace sector is one of the most productive and fastest-growing in the UK, accounts for some 7 per cent of manufacturing output and directly employs 114,000 people throughout the country. It is a highly trade-orientated and globalised industry, characterised by integrated cross-border supply chains, a high degree of concentration in large firms, and continent-spanning economies of scale. The success of UK aerospace is highly dependent on participation in European and global supply chains, which enable it to concentrate on key specialisms, including wings, fuselage and engines. UK aerospace is well-established and competitive, and it has continued to perform strongly since the vote to leave the EU. Nonetheless, it cannot afford to be complacent about global competition.

Spotlight

Charlie Bravo Aviation

Simply speaking, Charlie Bravo Aviation “pushes tin.” The company combines hard work and integrity with innovative marketing and in-depth industry analysis to buy and sell corporate aircraft better than anyone else. Located just outside Austin, Texas, Charlie Bravo is an aviation consulting company and a broker and dealer of pre-owned jets, turboprops and rotorcraft.

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