Tuesday 1 July 2014

Middle East sales fuel UK aerospace boom | GulfNews.com

Middle East sales fuel UK aerospace boom | GulfNews.com:



"UK aerospace companies see big opportunities to export components to Chinese aircraft makers, and are also benefiting from a boom in sales to the Middle East, a new survey has found.



But some British aerospace companies are concerned about their ability to capitalise on the surge in demand for passenger jets because of a shortage of lending by banks and insufficient numbers of skilled workers, according to the survey by ADS, the UK industry trade body.



The UK aerospace industry is the second largest in the world after the US and, l although British companies no longer manufacture entire jets, they are key suppliers to Airbus and Boeing."



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