ADS, the UK-based trade association for the country's aerospace, defence and space sectors highlighted a 55% decline fall in year to date aircraft orders.
The association noted that Aircraft deliveries are down 10% in the first eleven months of the year, primarily due to lagging widebody aircraft deliveries, which dropped by 25%.
The 98 aircraft delivered in November represents a sustained decline, and for both the monthly and year-to-date figure. ADS says that workforce issues and supply challenges have impacted this development.
The ongoing slowdown in deliveries has meant the commercial aircraft order backlog is 7% higher than in November 2023, at a saturated 15,822. This totals more than £250bn of value for the UK and represents more than a decade’s worth of work.
Aimie Stone, Chief Economist at ADS said: “While November orders can be volatile, ongoing production challenges and workforce factors make this a disappointing month, as it suggests declining confidence in production capacity and increased uncertainty in demand.
“As anticipated, continuing delays in production have led to further volatility in aircraft deliveries. This trend will likely continue and make reaching the forecasted figure less feasible unless the typical December delivery push outperforms previous years. 192 aircraft deliveries are required by the end of December to meet the ADS global delivery forecast of 1,165 aircraft.”