Monday, 21 July 2014

Stephen Metcalfe MP: $75 billion investment in Airbus is great news for local economy


Stephen Metcalfe, local MP for South Basildon and East Thurrock, has welcomed the news that orders have been placed for 496 airbus aircraft after this year’s Farnborough Air Show.

The order, which has been valued at $75 billion, is great news for our local economy as a number of  component parts for Airbus are made here in Basildon.

The local MP visited the Air Show to demonstrate his support for the industry and to see first-hand how Basildon and Thurrock based companies are helping to keep planes in the sky.

“There is not a single Airbus A380 in the air that doesn’t use parts from Basildon” said Stephen. “I am extremely proud of this fact and am delighted to see that so many orders were placed at the Farnborough Air Show.” 

“This $75 billion investment can only be good news for the local economy as a whole. It shows that Basildon has a key role to play in global industries and I will do all I can to support the work of engineering and Aerospace businesses in South Basildon and East Thurrock.”