Relaxation of Covid restrictions results in best August in years for aircraft transactions

The easing of travel restrictions is helping to increase aviation orders with last month the best August in five years for aircraft transactions, according to a report released today.

Boeing and Airbus have received orders for 130 single-aisle and 25 wide rockets, making it the best August since 2016.

But the ADS trade group said production was still far below pre-pandemic levels, with just 62 planes delivered in August. This was up 19% from August last year.

ADS Managing Director Kevin Craven said: “The UK aerospace and aviation sectors continue to feel the effects of the Covid-19 pandemic and despite a welcome increase in the 2021 order book, the road to a sustained long-term recovery will be long. a.

“The recent announcements by the UK government and the US on easing travel restrictions are welcome and these changes, which will include the lifting of the US travel ban for arrivals in the UK and in the United States. the EU and reduced testing requirements for vaccinated travelers will allow people to reconnect and enjoy the freedom to travel once. again.

“As our industry recovers, we are focused on securing future opportunities for UK industry, including providing net zero aviation by 2050.

“Government and industry are working together to ensure the UK plays its full role in creating these opportunities, creating high-value jobs in the UK and supporting the global aerospace industry to achieve our net zero goals ”.

At 62, the number of aircraft delivered is up 19% from August last year. ADS said there have been 590 aircraft delivered during the year to date, representing a 59% increase.

During the month, flight data was around 50% below 2019 levels and European flights around 30% below 2019 levels.

The ADS Group said the flight data figures signaled “a less volatile operating environment and a slow recovery from the worst of the Covid-19 crisis allowed by the relaxation of international travel restrictions.”

And there was still a substantial backlog of aircraft orders, ADS said. And he said the order book of 12,860 planes would represent around £ 181 billion for the UK aviation industry and represent several years of work.

However, earlier this month it emerged that Ryanair had ended talks with Boeing for an order for the Max 10 after failing to agree on a price.

The no-frills airline will take ownership of more than 200 B737 “Gamechanger” planes over the next four years, bringing its fleet to more than 600.

There have been talks between the airline and the US manufacturer over a follow-up order over the past 10 months.

However, Ryanair has now said that a price gap between the parties cannot be bridged.

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