Government-supported projects dominate the first day of the Farnborough Airshow on Monday as Theresa may looks to calm fears in the industry for the quarter and month.
The Prime Minister plans promise the bosses of aircraft that it will provide millions of jobs in the aviation industry and strengthen the UK’s position as a leading space nation.
“Working in close partnership with government and industry has ensured WE remain at the forefront of civil aviation and that our air forces are second to none,” she is expected to speak at the Farnborough Airshow.
“Today I want us to build on this, and make sure not only that we maintain our fame, but in a competitive environment, we make the most of the opportunities that lie ahead”.
Secretary business Greg Clark also confirmed that the UK’s first spaceport opens in Sutherland in the highlands of Scotland, in the early 2020-ies in motion that would “create hundreds of new jobs” and attract millions of pounds of investment.
It will also provide a new Fund of 2 million pounds for future spaceports spaceport across the UK, as the government seeks to strengthen the space industry the UK after a British exit from the EU. The commercial space sector, estimated to be £3.8 billion to the UK economy over the next decade.
RSPB Forsinard flows nature reserve, Sutherland, highland, Scotland, January
Meanwhile, Gavin Williamson, the Minister of defense, will detail air combat strategy of the Government, which is likely to lay out plans for a new British designed and built fighter to replace the eurofighter Typhoon of the 2020-ies.
The government announcements should overshadow the traditional rivalry between Boeing and Airbus.
The market waited for details of the Boeing “new airplane model” (IA) that is expected to carry between 220 and 270 passengers about 5000 miles.
Also nicknamed the “middle market” (mom) airliner, the specifications place it among the largest single-aisle aircraft aircraft such as the workhorse 737 and smaller widebody like the 787 “Dreamliner.”
However, on the eve of the air show, the head of commercial Boeing aircraft Kevin McCallister to stop hoping that the company will give the green light stream in the near future.
“There’s no decision on the rest of the year,” said Mr McAllister. “We still have time to do it on [start] in 2025. We need to do the design right and the right supply chain”.