The Business Magazine - B2B Business News - Site Logo
The Business Magazine March 2024
Read now
PICK YOUR EDITION

Farnborough: New members for FAC as sector prepares for take-off

10 March 2021
Share
David-Barnes-FAC

Farnborough Aerospace Consortium (FAC) has added four new members this year as the sector prepares for a post-lockdown take-off.

FAC represents companies in aviation and aerospace and the associated supply chain – mainly centred in the south and South East but with an international membership.

David-Barnes-FAC

Since the industry was hit hard by the reduction in passenger traffic it has been lobbying the government on behalf of the sector.

The latest companies to join FAC are Oxfordshire-based business consultancy kc4business, US-headquartered software specialists CGTECH whose UK base is in Sussex, Global Shop Solutions, the software giant headquartered in the US with a Sussex branch, and Adaptix, an Oxfordshire-based 3D imaging company.

Chief executive of FAC David Barnes said: “Never has the sector been through a more difficult time. Aerospace and aviation have been among the hardest hit of all industries. Many companies have suffered greatly but their resilience has been astonishing. We initially saw them diversify to help the battle against covid by making ventilators and other equipment. Since then they have diversified to gain entry into different markets in a bid to keep trading. And we’ve seen extra focus on research and development.

“Aerospace is one of the country’s genuine world-class industries and it has to be ready to spring back when allowed. Those within it understand that sticking together is the best way for us to maintain that world-leading position post-covid. That is why we have seen more companies join us.

"We offer great benefits, but it is the power of one voice representing hundreds of businesses and thousands of workers that attracts new members. We welcome the new companies to FAC and would urge others to join us as we prepare for the sector to be opened up. While this could take time, there really is light at the end of the tunnel. Communication between our members is the key to success. The nature of the sector means any re-opening requires a global solution and we must be poised to react as soon as lockdowns are eased.”

The country’s aerospace industry pre-covid provided more than 120,000 skilled jobs with an annual turnover of £35 billion – most of which was generated by exports.


Related topics

Related articles

Upcoming events

view more
01
May

South Coast Property Forum: Networking Lunch

Ennios Ristorante
Southampton
More info
23
May

Thames Valley Tech Forum: Networking Drinks

Malmaison Hotel
Reading, RG1 1JX
More info
06
Jun

South Coast Property Awards 2024

Hilton Southampton
Utilita Bowl
More info
12
Jun

Leadership Roundtable: Developing strategies for financial returns over the next decade

Herrington Carmichael, Farnborough Aerospace Centre, GU14 6XR

More info
18
Jul

Thames Valley Tech & Innovation Awards 2024

Reading FC Conference & Events
Select Car Leasing Stadium, Reading
More info
26
Sep

Thames Valley Property Awards 2024

Ascot Pavilion
Ascot Racecourse
More info
03
Oct

South Coast Tech & Innovation Awards 2024

Hilton Southampton
Utilita Bowl
More info
07
Nov

Thames Valley Deals Awards 2024

Reading FC Conference & Events
Select Car Leasing Stadium, Reading
More info
21
Nov

Hampshire Business Awards 2024

Farnborough International
Exhibition & Conference Centre
More info

Related articles