July 2024 saw a record-breaking month of aircraft deliveries which saw 120 aircraft being delivered to airlines and operators around the globe.
According to data from ADS Group, the trade association for the UK’s aerospace, defence, security and space sectors, the total is the highest ever recorded for July and outperformed every other month of 2024 so far.
The same month also saw 131 firm orders most of which came at the Farnborough International Airshow. and means that orders for the year to date are 17% ahead of 2023. In total 89 single-aisle aircraft were ordered, a 46% increase on July 2023, and 42 wide-body aircraft ordered, 18% fewer than the previous July, showing the strength of the single-aisle market.
Aimie Stone, Chief Economist at ADS Group said: “Complications within the supply chain, coupled with regulatory uncertainty, continue to impact appetite for new aircraft. Despite this, and a healthy order backlog, it is reassuring to see Industry continue to ramp up production to reach record breaking delivery heights in July.
“To combat these difficulties within our supply chain, the UK government must reconfirm its commitment to a coherent industrial strategy in order to better support our ecosystem to untap this significant potential addition to the UK economy.”
The aircraft backlog, the number of aircraft waiting to be built for orders, is still at its highest level sitting at 15,675 aircraft. This figure is around 8% higher than the same time in 2023 and equates to around 10 years worth of work for manufacturers.