The Hone-All Precision Limited Blog

The UK Aerospace Industry Set For Another Stellar Production Year

Posted by Andrea Rodney on Nov 14, 2018 11:11:00 AM

Recent figures have shown that aircraft production within the United Kingdom is set to supersede previous records; a clear indication that the industry remains quite strong. As a testament to this observation, statistics illustrate that the total number of aircraft produced by July 2018 is no fewer than 809 units. Experts believe that the revenue generated from such figures could equate to as much as £15 billion – not a bad little earner. To put these observations into perspective, the aggregate number of air vehicles delivered during the 2017/18 fiscal year was nearly 1,500 units. If present statistics continue, 2018/19 may very well rise above and beyond previous figures.

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Topics: Aerospace Industry

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