25 Jan 2021 -
 General

Aerospace and aviation reiterate bailout plea

airline - aviation - aerospace

Britain’s airlines, aviation manufacturers, and airports have asked government for help again, reports Reuters

Three trade bodies (ADS, Airlines UK and Airport Operators Association) pleaded with Boris Johnson last week for immediate financial support including temporarily suspending business rates and a tax on flying, extra loans for airlines and access to funds for the aerospace supply chain.

“To achieve a strong overall economic recovery from this crisis the UK must sustain aviation and aerospace industries that connect us to global trading partners and provide vital jobs in every part of the country,” commented ADS Chief Executive, Paul Everitt.

According to Reuters, “The country’s aviation industry has repeatedly asked the government for help during the crisis but has to date primarily only benefited from support schemes available to all industries.”

For more help with looking at supply chain options, contact Astute Electronics here

Related News

14 Jun 2024 - Defence

Webinars for Defence, Military, and Aerospace Engineers 

Read more

12 Jun 2024 - General

Electronics industry surges forward into 2025

Read more

07 Jun 2024 - General

Nvidia’s dominates – for now. A look at alternatives.

Read more

06 Jun 2024 - General

The CHIPS Act’s $39 billion challenge: building Fabs is easy, finding talent is not

Read more

05 Jun 2024 - Defence

New Events Series for Defence, Military, and Aerospace Engineers 

Read more

04 Jun 2024 - General

What is Taiwan’s Silicon Shield, and is it so tough?

Read more