Question

To ask the Secretary of State for Business, Innovation and Skills, what estimate he has made of the net benefit to the UK export sector as a result of the recent Farnborough Airshow.

Farnborough is an important showcase for the UK aerospace sector. The Department does not make estimates of aerospace exports arising as a result of the Farnborough Airshow. However, given the UK’s position as a leading supplier to the world’s aerospace industry, our industry is likely to be a major beneficiary of many of the new orders announced at the Show.

Recent data from the Aerospace Defence and Security trade association show aerospace exports grew by 12% in 2013 to £25 billion.