UK aerospace sector adds £11bn to economy, report finds

Britain's aerospace sector has added £11bn to the economy over the last decade, new data reveals. Figures released ahead of Farnborough International Airshow next month show the value of the sector has increased 16% compared to 2013.

The 2024 Aerospace Sector Outlook report by ADS - the UK trade association for aerospace, defence, security and space - highlight 104,000 direct jobs in the industry, including 6,000 apprenticeship roles. The majority of positions (88%) are based outside of London and the South East, with the median average salary in the sector now £48,700 - 39% higher than the UK average.

Turnover in the UK aerospace sector was estimated t