Airbus and Boeing jet deliveries worth £10bn to UK
The 515 aircraft delivered by Airbus and Boeing so far in 2019 has been worth an estimated £10bn to £11.5bn for the UK economy, aerospace body ADS has said.
The deliveries up to the end of May fall just 13 behind the record set in 2018. Meanwhile, last week's Paris Air Show saw manufacturers announce orders, commitments and intent agreements for 861 new aircraft across the single aisle, wide-body, regional aircraft and turboprop categories.
ADS, which represents around 1,000 UK aerospace companies, estimated the orders could be worth up to £8bn to the UK economy if all commitments and intent agreements are confirmed, while 115 firm orders are expected to be worth £1.2bn to £1.4bn.
The Paris Air Show was particularly successful for Airbus, with 95 new orders for its A220 planes. The massive order is expected to be worth in the region of £100m for Bombardier's Northern Ireland operation, where the wings are made.
It brings the backlog in A220 orders to 631.
ADS said the total aircraft order backlog in the UK at the end of May fell below 14,000 aircraft for the first time in 18 months.
But at 13,828, it said the orders will be worth an estimated £214bn to the UK aerospace industry.
ADS chief executive Paul Everitt said: "The Paris Airshow saw good news for UK manufacturers as airlines and leasing companies placed new orders and commitments for modern, technologically advanced and fuel efficient aircraft. Sustainability and reducing the impact of aviation on the environment was a key theme of this year's Airshow."