UK's aircraft sector soaring as deliveries reach £17bn this year

 
Alys Key
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More than 100 aircraft and engines were delivered in August (Source: Getty)

More than 100 aircraft were completed in August this year, bringing the total value for the UK industry to £17bn since the start of the year.

In the year so far, 885 aircraft orders have been filled, making 2017 second only to last year, when the UK's aviation sector reached new highs, according to trade body ADS.

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During the second-highest August on record this year, 114 aircraft were delivered.

The backlog of undelivered aircraft now stands at 13,425, which is estimated to be worth up to £210bn.

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“Continued high global demand for new aircraft means it remains vital to achieve new productivity gains," said ADS chief executive Paul Everitt.

"There can be no room for complacency in maintaining the UK’s hard-won competitiveness. Matching 2016’s record pace is a great challenge for the industry and expectations are high for strong performances from UK aerospace companies for the rest of this year.”

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