257 aircraft from companies like Airbus, Boeing, Embraer, and ATR have already been delivered in the first quarter of 2023, demonstrating the strength of the industry.
The 2023 aim is on track for around 1200 deliveries throughout the year, according to data from the ADS Group, the UK trade organization that represents Aerospace and Defense.
Both Boeing and Airbus have lately had high sales of single-aisle aircraft, with the 737Max and A320neo families seeing good orders and delivery rates.
This is shown by a 10% drop in wide-body deliveries in the first quarter compared to an 11% increase in single-aisle deliveries.
The value of deliveries made in the first quarter to the UK market was estimated at £4 billion. Many components, including Rolls-Royce engines, Airbus wings, and maintenance and overhaul, are situated 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.”
