Aerospace industry maximises production for bumper 2014

Posted on 25 Feb 2014 by Victoria Fitzgerald

Commercial aerospace industry data released today shows a year-on-year record for aircraft deliveries in January 2014.

The research, conducted by ADS Group, revealed that 84 aircraft were delivered in January 2014 compared to 74 in the same month last year. Additionally, it showed 64 aircraft orders and 244 engine orders placed last month, bringing the total backlog of orders to 11,269 aircraft and 20,030 engines. Industry representatives hope that the continuation of demand will support thousands of high-value and skilled jobs in the future.

Paul Everitt, chief executive of aerospace trade organisation ADS, commented:

“While January is traditionally a slow month for orders, these figures reflect the hard work that industry has put in to maximising its output, setting a record for the month.

“Overall, the mood is a positive one for 2014. The work of the Aerospace Growth Partnership continues apace and just last week Stephen Henwood was appointed as chairperson of the Aerospace Technology Institute. We are also looking forward to the Farnborough International Airshow later this year, offering UK companies an opportunity showcase world-leading aerospace technology to many hundreds of prospective customers.”

Key data findings

  • Record January saw aircraft deliveries increase by 13.5% in January 2014, compared January 2013
  • Aircraft backlog rises by 1,541 (15.8%) in the last 12 months
  • Engine backlog reaches record levels with 20,030 engines in the order book
  • Aircraft production forecast for 2014, upgraded from 6.0% to 10.5%
  • Industry and government are driving forward £2bn investment for research and development through the Aerospace Technology Institute