In 2015, 1397 aircraft were delivered globally, which corresponds to £ 23bn injected into the UK economy.
To date, the order book has more than 13,000 aircraft and 20,000 reactors which corresponds to 9 years of work in perspective and represents £ 195bn for the UK economy.
For the next 20 years, global demand is expected to reach 38,000 commercial aircraft, 90,000 business jets worth £ 267bn, 5,800 regional jets and around 40, 000 rotorcraft, which should represent $ 5.7 trillion or $ 600bn for United Kingdom.
Support of the aviation sector
The UK government and industry have set priorities for the aviation industry:
– Automated production of low cost and high efficiency components;
– Stimulation of innovation in SMEs;
– Establishment of national centers of excellence; for example, the Advanced Manufacturing Research Center (Sheffield), the National Manufacturing Technology Center (Coventry) or the National Composites Center (Bristol).
It is with this in mind that the Aerospace Growth Partnership (AGP) was created in 2010. This is a partnership between industry and government to boost growth and exports of the sector, and to increase the number of high value-added jobs. Its field of action is civil aeronautics.
Since its creation, it has allowed:
– The development of R & D projects representing £ 300 million – to be deducted from the Aerospace fund
Technology Institute (ATI) worth £ 2bn that aims to push technological innovations;
– To finance 68 companies through the National Aerospace Technology Program (NATEP) to support SMEs;
– Support the £ 120 million production chain through the Sharing in Growth initiative;
– Financing 291 of 500 stock exchanges for Masters in Aeronautics.
The aeronautical activity is mainly concentrated around the following geographical poles: South West, South East, North West and Midlands for England, Wales, Northern Ireland and Scotland (see map below). In France, the main regions are three in number (Ile de France – 35% of jobs in the sector, Occitanie – 25% and New Aquitaine – 10%).