º£½ÇÊÓÆµ

Oops.

Our website is temporarily unavailable in your location.

We are working hard to get it back online.

PRIVACY
Manufacturing

Coronavirus: aircraft demand plummets to record low as travel industry blighted by pandemic

It follows a challenging six months for the sector

(Image: David McNew/Getty Images)

Commercial aircraft orders fell to a record low last month as the Covid-19 pandemic continues to blight the travel industry.

Just nine plane orders and 52 deliveries were made in August - the lowest for the month on record - according to aerospace trade body ADS.

The figure is a 59 per cent decline for the same month last year and a 91.3 per cent drop since 2018.

Altogether, only 123 orders have been placed since the start of the crisis in March.

ADS said the numbers reflected a “challenging” six months for the global aviation and aerospace sector.

The news comes as aerospace giant Rolls-Royce considers tapping investors for funding reportedly up to £2.5billion, while Airbus is looking at how Chancellor Rishi Sunak's Job Support Scheme can help º£½ÇÊÓÆµ operations.

ADS Chief Executive Paul Everitt said: “The aerospace industry in the º£½ÇÊÓÆµ and around the world is feeling the effect of travel restrictions and 2020 is set for the lowest number of global aircraft deliveries in more than a decade.

“Aircraft manufacturing employs more than 110,000 people in the º£½ÇÊÓÆµ. The industry is looking to the Government to act urgently to develop and reform its quarantine policy, using testing to reduce the period air travellers need to isolate after arrival in the º£½ÇÊÓÆµ.