Aircraft orders plummet 91% in Q3

Airbus

New aircraft orders have hit a record low over September.

No new orders were placed during the month of September and just 13 orders were made over the whole quarter – a 91.4% fall compared to the same period last year.

July saw four orders, whilst in August there were nine. It is the worst three-month since records began.

ADS chief executive Paul Everitt said: “The aerospace and aviation industries have invested in robust health and safety measures as part of aircraft design which makes the risk of transmission when travelling aboard an aircraft extremely low.

“We need to continue to work together internationally to improve consumer confidence and encourage a return to the skies.

“The quarantine period that passengers face when they return home is one of the main barriers to UK aviation’s recovery and testing can play a major role in reducing this.

“The government should rapidly implement a testing regime so that the 14-day quarantine period can be shortened. This will help improve confidence amongst travellers and in turn put the aviation and aerospace sectors on a path towards recovery.”

Ministers have said that are looking at reducing the UK quarantine period from 14 days to between 10 days and a week.

Shares in airline groups have plummeted over 2020 as the sector has been hit by travel restrictions and a fall in journeys amid the Coronavirus pandemic.

The union, Unite, estimated that in June 12,000 jobs had been lost in the sector, which supports around 110,000.