Record growth for UK aerospace industry

A surge in demand for commercial aircraft helped the UK aerospace industry achieve record growth last year.

According to trade organisation ADS Group, orders for commercial aircrafts rose by 28% in 2013, increasing order backlog by 17%. In addition, ADS says aircraft deliveries jumped 7%, delivering a value of up to £20billion in value to the UK. ADS chief executive Paul Everitt said: "Global demand for new aircraft and engines is generating new demand and opportunity for the UK aerospace industry. The 7% increase in new aircraft deliveries and the 17% increase in the aircraft order book makes 2013 one of the most successful years on record. "To maintain the UK's share of this fast growing market we must increase investment in technology, innovation and skills."