UK Industry Calls on Government for Urgent Increase in Support | Aviation International News

Finance, Taxes, Insurance

UK Industry Calls on Government for Urgent Increase in Support

Senior industry leaders addressing the opening ceremony for the FIA Connect event indicated that the aerospace sector faces a long path to recovery.

Airbus's wing factory at Broughton in the UK is one of many operations affected by the Covid-led decline in orders for new airliners. (Photo: Airbus)

By Charles Alcock • Managing Editor

July 20, 2020

Aerospace and defense industry leaders on Monday called on the UK government to urgently increase support for companies to survive the Covid-19 crisis. Speaking during the opening ceremony for the online FIA Connect event being held in place of the Farnborough International Airshow, senior executives from Airbus, Rolls-Royce, Leonardo, BAE Systems, Meggitt, and Safran made the case for an alliance between industry and government to keep up levels of investment in key areas of research and development and to ensure that the supply chain remains viable to support a recovery many now expect to take until around the middle of this decade.

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