Data from the ADS Group, the UK trade organisation representing Aerospace and Defence, show that the 2023 target is on track for almost 1200 deliveries across the year.
This is demonstrated by an 11% increase in single-aisle deliveries compared to a 10% decline in wide-body deliveries in Quarter 1.
The first quarter’s worth of deliveries has been worth an estimated £4bn to the UK market place with many components such as Rolls-Royce engines, Wings from Airbus and Maintenance and overhaul being based in the UK.
ADS Chief Executive, Kevin Craven said: “For the first quarter of Q1, aircraft deliveries have led global manufacturing particularly for wide body aircraft, helpful for the UK in having a higher exposure to propulsion and wings.
“Order books have been stable but remain down on previous quarters reflecting the wider operating environment of manufacturing and the rising cost of doing business. It is encouraging to see orders for wide-body aircraft increasing, indicating strong market confidence in international travel.
“As we enter the second quarter of 2023, I hope to see deliveries continue to increase in line with ADS’s post-pandemic recovery expectations of the sector achieving pre-COVID levels in 2024.”
All together the data adds up to a strong recovery rom the COVID-19 pandemic with arrivals and departures from he UK now standing on average at just 14% lower than 2019.