Industry Minister, Nusrat Ghani, has announced more than £200 million of funding to support research and development projects to make the aviation sector greener.
The £218 million combined government and industry investment will support new aerospace technologies, including greener landing gear and lower carbon and more efficient aircraft wings, engines and sensors. The programme aims to support more high-skilled jobs in the sector, the vast majority of which are based outside of London and the South-east, and increase investment in aerospace technology.
Making the announcement today (20th June) at the Paris Air Show, Minister for Industry and Economic Security Nusrat Ghani said:
“We’re growing the economy and supporting high-skilled, high-wage careers across the UK by backing our world-leading sectors like aviation.
“We want to achieve net zero air travel by 2050, and I want UK firms to lead the way developing the exciting technologies of the future. Backing our innovators will attract even more investment and create massive export opportunities for British firms.”
Funding is being delivered through the Aerospace Technology Institute (ATI) programme, and aims to secure a further £20 billion in private sector investment, thanks to a joint commitment from the aerospace sector to invest in new technologies. The latest £200 million investment from government follows £3.2 billion of ATI support delivered since 2013, which has backed over 300 innovative R&D projects across the UK.
Gary Elliott, CEO of the Aerospace Technology Institute added:
“The investment through the ATI Programme that the Minister has announced today will support a range of world-class research projects in technologies to improve the sustainability of aerospace, from new design processes to new materials.”
HMRC warns of Self Assessment scams 
Inflation rose to 3.8% in July 
Message confirmed for national emergency alert test