A commitment to invest over £80m in a UK Space Centre of Excellence in Ayrshire, was made by both UK and Scottish Governments, in partnership with South Ayrshire Council, as part of the Ayrshire Growth Deal signing yesterday. The funding package will develop and support a wide range of new, cutting-edge aerospace and space activities around Glasgow Prestwick Airport, including a satellite launch site and a range of other advanced …
Spirit AeroSystems announced today in Wichita, Kansas, that Belcan will be onsite as a Strategic Partner in Spirit’s Aerospace Innovation Centre (AIC) in Prestwick. Belcan will work directly alongside Spirit engineers when the facility opens. The companies have signed a Memorandum of Understanding (MOU) to enter into a strategic partnership. Belcan, a global supplier of engineering, supply chain, technical recruiting and information technology services, will provide Spirit with broad-based engineering …
* Revenue increase and operational efficiencies drive profitability * Coronavirus impact on passenger revenues unlikely to recover soon Glasgow Prestwick Airport has reported a significant turnaround in its financial performance, reporting an underlying operating profit of £3m (subject to audit) for the 12 months to 31 March 2020, compared to a £1m loss the previous year. Revenue increased by 46% year-on-year to £36m, up from £24.6m the previous year. Stewart …
