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

Marana Aerospace Solutions, Inc.

Marana Aerospace Solutions is the largest commercial aircraft storage, maintenance, paint and teardown facility in the world with 20 million square feet of ramp and storage area that accommodates up to 400 aircraft. For three decades, this facility has been a FAA approved FAR Part 145 repair station with a FAA Class IV Airframe Rating (#ERKR675D).

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Spotlight

Marana Aerospace Solutions, Inc.

Marana Aerospace Solutions is the largest commercial aircraft storage, maintenance, paint and teardown facility in the world with 20 million square feet of ramp and storage area that accommodates up to 400 aircraft. For three decades, this facility has been a FAA approved FAR Part 145 repair station with a FAA Class IV Airframe Rating (#ERKR675D).

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