The Aerospace
Growth Partnership - a new government and aerospace group set up
to tackle issues affecting the competitiveness of the sector - met
for the first time today.
The group will be jointly chaired by Mark Prisk, Minister of
State for Business and Enterprise, and Marcus Bryson, Chief
Executive of GKN Aerospace and Chair of UK aerospace trade
association A|D|S’s Civil Air Transport Board.
Business Minister Mark Prisk said:
“Aerospace is a UK success that we should be very proud of. We
are number one in Europe and number two in world with a 17% global
market share.
“Aerospace companies in the UK directly employ around 100,000
highly skilled individuals and support many more jobs across the
wider UK economy. Salaries in the sector are 36% above the
manufacturing average.
“This group will bring aerospace and government together so we
can take action to address barriers to growth, boost exports and
grow the number of highly skilled jobs available in the UK.”
Chief Executive of GKN Marcus Bryson said:
”If the UK is able to maintain its current global market share
then aerospace will generate £352 billion over the next 20 years.
“However, we cannot take this for granted, as other nations are
also seeking to expand their own aerospace industries.
“There are also fantastic opportunities for growth and the
industry is determined to seize these.
“In doing so we will unlock the potential to develop more
environmentally friendly aircraft. Our partnership with government
is crucial to achieving this success and we welcome the commitment
of BIS to this work.”
The Aerospace Growth Partnership will see government and industry
working together to address the issues that affect UK
competitiveness in the sector.
Its work will focus on ensuring that the UK remains an extremely
attractive location for aerospace companies to carry out work both
on current and future generations of civil aircraft.
The Aerospace Growth Partnership has been established to address
the strategic issues identified by the Aerospace Business Leaders
Group, chaired by Vince Cable, which met in December.
Notes to Editors:
1. A|D|S is the trade organisation advancing UK Aerospace,
Defence, Security and Space industries with Farnborough
International Limited as a wholly-owned subsidiary. A|D|S also
encompasses the British Aviation Group (BAG). It was formed from
the merger of the Association of Police and Public Security
Suppliers (APPSS), the Defence Manufacturers Association (DMA) and
the Society of British Aerospace Companies (SBAC) in October 2009.
For more information see www.adsgroup.org.uk.
2. For more information please contact:
Matthew Knowles, Director, Public Relations,
A|D|S
Tel: +44 (0) 20 7091 4538 / Mobile: +44 (0) 7595 863
749
E-mail: matthew.knowles@adsgroup.org.uk
Samuel Jones, Communications Manager, A|D|S
Tel: +44
(0) 20 7091 4521 / Mobile: +44 (0) 7827 309 732
E-mail: samuel.jones@adsgroup.org.uk
A|D|S is also on Twitter at www.twitter.com/ADSgroupUK.
3. The Aerospace Growth Partnership comprises senior business
representation across the UK aerospace supply chain: EADS, Airbus,
Bombardier Aerospace (Shorts), Rolls-Royce, AgustaWestland, BAE
Systems, GKN, Spirit, Goodrich, Messier-Dowty, GE Aviation, A|D|S
(the national trade association), and regional aerospace trade
associations along with senior BIS officials.
4. The Aerospace Business Leaders group comprises CEO level
representation of the leading UK aerospace companies (Airbus,
Rolls-Royce, GKN, Finmeccanica (parent of AgustaWestland), ADS and
senior BIS officials.
5. The UK Aerospace industry has an annual turnover of £22.2bn
and some £32.2bn of orders were placed in 2009.
6. Approximately 70% of turnover is exported: £14bn in 2007; and
the sector provides access to growing markets such as China.
7. Some 36% of employees have a degree or equivalent; with 13%
working in research & development (R&D).
8. It is an R&D-intensive and high-technology industry
with technology spin-offs to the rest of the economy (e.g. radar,
composite materials, jet engines).
9. An aircraft today produces 70% less CO2 than its equivalent 50
years ago and 50% less noise than 20 years ago.
10. BIS' online newsroom contains the latest press
notices, speeches, as well as video and images for download. It
also features an up to date list of BIS press office contacts. See
http://www.bis.gov.uk/newsroom for more information.
Contacts:
BIS Press Office
NDS.BIS@coi.gsi.gov.uk
Ashley Rogers.
Phone: 020 7215 5971
ashley.rogers@bis.gsi.gov.uk