16th February 2021
8:03 am
16th February 2021
8:03 am
Paul Everitt, Chief Executive of ADS calls on the government to set out a plan that recognises the strategic role that the aerospace sector will play in the UK’s economic recovery.
The pandemic has had a severe impact on international air travel, and the tight restrictions now in operation will increase uncertainty for industry and consumers. Daily flights in the UK are now more than 80 per cent below their pre-crisis levels, and around 65 per cent lower across Europe.
Aerospace companies of all sizes across are anxiously watching the news and hoping they have done enough to sustain themselves until better times begin. Delayed deliveries to customers and production cuts by the major manufacturers made 2020 the worst year for global aircraft deliveries in more than 10 years. While the Job Retention Scheme has helped employers to protect their highly skilled workforces, we have seen 15,000 job losses directly attributable to the pandemic and its impact on the sector.