United Kingdom

Details

  • Industry: Aerospace and Defence
  • Type: Business and industry issue, Survey report
  • Date: 17/06/2013

Future of Civil Aerospace 

The report highlights the significant opportunity for the UK civil aerospace industry as passenger air traffic increases driving huge demand for new aircraft. With UK industry currently accounting for 17 per cent of the global market, projections show this increased demand could translate into orders worth £474bn between now and 2031.
The Future of Civil Aerospace
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Glynn Bellamy, KPMG UK lead for Aerospace commented: ‘These findings support the fact that building from a position of strength the UK Civil aerospace sector has developed, in conjunction with government, a framework to support a long term industrial strategy which makes the UK highly attractive for inward investment, whether it be through R&D, a proven supply chain or favourable tax environment. This is critical in an increasingly global supply chain.”
 

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Glynn Bellamy

 

Partner
KPMG LLP (UK)

0121 609 6170

glynn.bellamy@kpmg.co.uk