Industry needs urgent agreement on a transition deal to ensure a smooth UK exit from the European Union, ADS President Colin Smith said at the ADS Annual Dinner 2018.
Colin Smith, Chairman of the Aerospace Growth Partnership and former Director of Engineering and Technology at Rolls Royce, has been appointed as the new President of ADS.
November reached new heights for aircraft deliveries, as both the highest month of this year so far, and the best November on record. The month saw 146 aircraft delivered, pushing the running total for 2017 to 1285.
ADS is disappointed by the US Department of Commerce's latest decision to apply tariffs to US sales of Bombardier's C-Series.
The Government today set out its defence industrial policy refresh, with a focus on support for exports and for SMEs. The three-pronged refresh was unveiled by Defence Secretary Gavin Williamson at a Defence Solutions Centre event attended by ADS Chief Executive Paul Everitt.
New figures for the Aerospace, Defence and Space sectors show they are worth £6.4bn to the Scottish economy, with the rapidly growing space sector making the largest single contribution.
Confirmation that talks can start on transition and our future relationship with the EU is welcome progress, and industry now needs to see urgent agreement reached on transition arrangements.
The Welsh Government today published its "Prosperity for All" economic action plan, setting out a strategy to grow the Welsh economy and reduce inequality. ADS Chief Executive Paul Everitt said: "We welcome today’s publication of the Welsh Government’s economic action plan and especially the priority given to high value manufacturing."
This morning’s announcement that sufficient progress has been made for the next phase of Brexit negotiations to start will be welcomed by industry. However, agreement on a transition period of at least two years must be reached as soon as possible.
Bombardier announced today that it has been selected by Airbus as a supplier on a new engine nacelle programme for the A320neo family of aircraft. ADS Chief Executive Paul Everitt said: "Today’s announcement is welcome news for Bombardier’s factory in Belfast."