Airbus in good shape
THE Airbus business will continue to grow despite the recession, according to the company’s executive vice president of programmes.
At a briefing at the Broughton site last week, Tom Williams said he predicted the company would see almost 5% growth over the next 20 years.
He said: “We had anticipated the downturn. We worked extremely hard to build up an order backlog.”
So far this year Airbus in the UK has delivered 358 aircraft and Mr Williams said the firm was on track to repeat the 2008 delivery record of 483 planes.
“We have been using the order backlog to try and smooth the cycle out,” Mr Williams added.
But the company has some work to do before it makes its order target of 300 for this year, with just 149 orders made in 2009 so far.
Work is continuing on the new building at the Broughton site, where composite wings will be created for the A350, a new highly efficient aircraft which is due to enter service in mid 2013. Once completed, the site will be 900 ft long, 840 ft wide and 80 ft high.
Mr Williams said: “We believe in investing in the product.”
Economy report upbeat
THE rate of decline in North of England’s construction workload slowed slightly in the third quarter, according to the latest Royal Institution of Chartered Surveyors report.
Fewer chartered surveyors reporting falling workloads, in line with the national picture.
The non-housing public sector reported a decrease in its workload, but this is said to be down to funding issues. The strongest improvements have been in the private housing sector.
A spokesman said: “While the decline in workloads may be slowing, construction is still suffering one of its worst downturns.”