1 minute read - 26th December 2022
Strong November sees continued aerospace sector recovery
A strong November for aircraft deliveries saw 92 single-aisle and 24 wide-body aircraft delivered to customers, as the global industry continues its recovery from the low volumes of 2020 and 2021.
Following the sector seeing its best Q3 for aircraft orders since 2015, a slight drop was seen in November with 50 orders placed, however, the backlog of aircraft orders remains high at 13,497, representing many years of future manufacturing worth around £200bn to UK industry.
A successful December for manufacturers would see the 1,000 annual deliveries mark broken for the first time in three years, in a year that has so far seen the fastest pace of orders since 2015.
ADS policy director, Paul Oxley, said: “The aerospace industry in the UK and globally has been looking for signs of a strengthening recovery, and the strong order and delivery figures for 2022 are welcome indications. There is still a long way to go for the recovery to reach all parts of the supply chain, and employers are facing new challenges, including skills gaps and soaring energy costs. In 2023, we hope to see the rebound from the difficult last few years continue, and perhaps put the delivery record set in 2018 back in sight.”