Aviation

(asked on 20th December 2022) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask His Majesty's Government what assessment they have made of the current support available for the aviation sector and its supply chain.


Answered by
Lord Callanan Portrait
Lord Callanan
Shadow Minister (Foreign, Commonwealth and Development Office)
This question was answered on 5th January 2023

Through the Aerospace Technology Institute Programme, industry and Government are co-investing in the development of cutting-edge aircraft technology to grow UK’s share of the global aerospace market.

The 2021 Spending Review increased government’s commitment to aerospace R&D by 50% to £685 million across the Spending Review Period, extending the programme to 2031. By 2025, government and industry will invest almost £4 billion in developing new ultra-efficient and zero emission aircraft technologies.

We have supported industry investment in supply chain competitiveness through our ‘Sharing in Growth’, SC21 Competitiveness & Growth, and NATEP programmes, which have benefited from over £140m public funding, leveraging additional private investment.

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