What Happened
Chancellor Urged To Back British Aviation In Budget
The UK’s aerospace industry is urging Chancellor John Healey to boost plane manufacturing in the upcoming Budget, claiming it could lead to cheaper fares, cleaner aircraft, and more accessible travel. The sector already supports over 113,000 jobs and generates £41.5 billion annually, but investment is needed to attract new business and create jobs. According to the Daily Mirror, the industry believes that investing now could help slash flight fares and deliver more fuel-efficient aircraft, with the next generation of commercial aircraft expected to be 20-30% more fuel efficient.