UK aerospace sector thrives with 300% YoY increase in orders alongside 40% increase in deliveries

Posted on 26 Jun 2023 by The Manufacturer

Aircraft landing gear. Image courtesy of Shutterstock

The UK’s aerospace sector continues to be buoyant in the midst of supply chain challenges and a muted Q1 outlook, according to the latest aircraft orders and deliveries report compiled by ADS.

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Key takeaways: Orders placed in May 2023 is 306% higher than in May 2022 at 146 aircraft orders 38% increase in aircraft deliveries in May 2023 is encouraging for the sector amidst supply chain challenges and slightly muted start to the year. Current backlog in orders is estimated to be worth more than £205bn to…