I was delighted to attend last week's Farnborough International Airshow to engage with the representatives of leading aerospace companies and to promote the Polish aerospace and aviation sector. Thousands of exhibitors and guests descended on the halls and surrounding grounds of the Farnborough airport (these days servicing business aviation) for five days of exchanges, networking and measuring the pulse of this critically important industry in these uncertain, turbulent times. In particular, I had the honour to inaugurate an event showcasing the Polish Aviation Valley - Aviation Valley | Dolina Lotnicza - a cluster of aviation companies both small and large, now in the third decade of development. In my opening remarks I said: "→ The Polish aviation industry spans well over 80 years of scientific and engineering work, centred in Poland’s south-east regions. Cities like Świdnik or Mielec are the cradles of Polish aviation and innovation. Last year, the Polish Aviation Valley, with Rzeszów as its centre, celebrated 20 years since its inception. → The region has since become a crucible of various undertakings involving international business partners. It was not a lucky coincidence, but rather a matter of a conscious choice. The Aviation Valley owes its remarkable success to the combination of factors: highly skilled engineering staff, a deep pool of talent attracted by leading academic and scientific institutions, as well as a pro-business mindset of local authorities. → As a result, today the Aviation Valley is an indispensable part of not just local, but national economy. It contributes to Poland’s image as a country of innovation and engineering prowess, on par with similar clusters around the globe." These words of praise are well deserved! I am grateful to the hosts Aviation Valley | Dolina Lotnicza and Farnborough Aerospace Consortium, as well as Polish Investment and Trade Agency (PAIH) London Office for the opportunity to represent Embassy of the Republic of Poland in London at this important event. Special thanks go out to Rafal Owczarek and Karol Cienkus, Ph.D. I will finish on a more personal note: it was great fun to once again, albeit for just one day, to become part of the global community of aviation and aerospace professionals. Indeed, aviation sector was one of my specialties when working for the U.S. Commercial Service some ten years ago (a big shout out to Brenda VanHorn, my boss at that time!). This experience really helped to keep up with the industry representatives as they presented their products and solutions!
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Advancing Poland-Canada Trade Relations | Expert in Bilateral Investment Strategies | Leading Initiatives for Economic Growth 🇵🇱
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Farnborough Airshow explodes with £39.3bn in deals on opening day https://ift.tt/Ic5H4BP The Farnborough International Airshow kicked off with a bang today, with a staggering £39.3 billion ($51 billion) worth of deals announced on its opening day. This impressive figure underlines the event’s status as the pinnacle of the global aviation industry and highlights the resilience and innovation of the UK aviation sector. Of the deals concluded, 163 firm aircraft orders, worth £4.6 billion, stood out for the UK. These significant orders are testament to the strong demand and confidence in British aviation capabilities. In addition to the aircraft orders, the deals also included 28 firm engine orders, boosting the overall value of the transactions. Today’s agreements included 114 aircraft and optional engine commitments, as well as various service agreements, indicating a strong pipeline of future business. The figures have been published by the ADS Group, a trade association representing the UK’s aerospace, defence, security and space sectors, and organisers of the Farnborough International Airshow. The strong first day total reflects the continued resilience and prosperity of the aerospace industry, despite challenges in regulatory frameworks, supply chains and workforce availability. Kevin Craven, CEO of ADS and Chairman of Farnborough International Airshow, expressed his optimism and pride in the industry’s achievements: “The importance and strength of the Farnborough International Airshow makes today’s announcements unsurprising and very welcome. Our aviation industry remains vibrant and resilient despite challenges in regulatory frameworks, supply chain and workforce. “The UK is home to innovative, ambitious and world-renowned advanced manufacturing companies, both large and small, and we rightly celebrate their impact at the home of British aviation. Our aerospace sector delivers £10.9 billion of value to the UK economy, and in 2023, the UK’s total aerospace exports were worth £20 billion. It is our partnership with our international peers that makes the UK home to a truly open, ambitious and innovative industry.” The deals signed on the first day reinforce the strategic importance of the Farnborough International Airshow in the global aviation and aerospace calendar. The event is a vital platform for showcasing developments in aerospace technology and fostering international cooperation. The commitments made on the opening day are expected to boost UK aerospace exports and make a significant contribution to the national economy. The biennial event continues to attract major players from across the aviation sector, highlighting its role as a hub for networking, deal-making and technology showcases. The £39.3bn worth of deals sets a high bar for the airshow’s subsequent days, promising a week packed with ground-breaking announcements and strategic partnerships. As the Farnborough International Airshow progresses, the industry wil...
Farnborough Airshow explodes with £39.3bn in deals on opening day https://ift.tt/Ic5H4BP The Farnborough International Airshow kicked off with a bang today, with a staggering £39.3 billion ($51 billion) worth of deals announced on its opening day. This impressive figure underlines the event’s status as the pinnacle of the global aviation industry and highlights the resilience and innovatio...
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Aviation continues – as ever – to face multiple challenges. Supply chains are stretched and new aircraft are in short supply. There are skilled labour shortages and questions about how attractive an aviation career is these days. Geopolitical events are having direct and knock-on impacts on many aspects of aviation. At the same time, aviation has been working hard to make multiple improvements in environmental performance while governments and regulators increase pressure on the industry. I look forward to discussing how we meet all these challenges with great panellists in two sessions at Routes Europe in Aarhus. Please join me, Montserrat Barriga Andrés, David Surley and Dr. Henri-Charles Ozarovsky on Monday 22 April for Navigating Challenges: confronting supply chain woes, geopolitical turbulence and labour shortages. Or come to Navigating the skies: Governmental pressure on European aviation on Tuesday 23 April when I’ll be joined again by Dr. Henri-Charles Ozarovsky as well as Mads Brandstrup Nielsen and Miguel Oliver Come and take part in the discussion! Photo: Aarhus Oeje viewing platform, Adam Moerk via VisitAarhus #RoutesEurope
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bai.mydigitalpublication.co.uk
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Farnborough Air Show: £100m for green air travel ✈️🟢 The government has announced more than £100 million of government-industry funding for cutting-aerospace tech projects to support greener air travel. It comes as the latest figures from the aerospace industry’s trade body ADS show the sector contributed £38 billion to the UK economy in 2023. You can read our eight page feature on Aviation in the July issue of The Business Magazine. Just under £103 million of funding in total, delivered through the Aerospace Technology Institute (ATI) Programme, has been announced for five aerospace R&D projects led by GKN Aerospace, Queen's University Belfast, Rolls-Royce, SHORT BROTHERS PLC and Gloucestershire-based ZeroAvia. The projects will help pioneer innovations such as... Continue reading... https://lnkd.in/eBPCsX8t #airshow #sustainability #technology #innovation #travel #ESG #climate #netzero #businessnews #businessintelligence
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Diplomat, U.S. Department of Commerce, International Trade Administration
3moWell Done! The industry benefits from your participation in it.