
- New report from Santander and manufacturing organisation EEF finds outlook for the UK aerospace industry remains bright, with order books backlogged at record levels
- UK industry is hardwired into global supply chain – it is now the second-largest aerospace manufacturer in the world, behind the US, and fourth-largest exporter
- Space tourism, demand for air travel in emerging markets such as China, and a focus on passenger luxury are key growth drivers
The UK’s aerospace industry will continue to flourish as a result of the increasing demand globally for high-quality UK manufactured aerospace products according to a new report1 from Santander and manufacturing organisation EEF. Continued growth in air travel, particularly in emerging economies, as well as demand for hi-tech parts for spacecraft, rockets and satellites is set to fuel growth in the sector.
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