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The British Aircraft Industry: The Present Organization and Financial Arrangements Necessitated by the Expansion Programme

C.W. Holroyd‐Sergeant, M.A., A.C.A. (Mr. Holroyd‐Sergeant is Industrial Editor of “The Financial News.”)

Aircraft Engineering and Aerospace Technology

ISSN: 0002-2667

Article publication date: 1 March 1939

Abstract

IN the post‐war era, an era marked by rapid political, economic and financial change, a large part of the structure of British industry has been refashioned. To the aircraft industry the necessity for new methods imposed by the urgency of the times came with little warning. The industry, as the result of the growing international tension, suddenly found itself saddled with almost overwhelming responsibility as the most important figure in the rearmament programme upon which this country was compelled to embark. Nor was that all. The requirements of an expanding civil aviation and of the export markets had also to be catered for. It is small wonder, therefore, that the industry found its resources strained to breaking point, nor that mistakes were made and critics made great play of inadequacies that were, in the circumstances, inevitable. By a process of trial and error the aircraft manufacturers, in conjunction with the Government and with the engineering trades, have now evolved methods of organization and co‐operation designed to meet present needs.

Citation

Holroyd‐Sergeant, C.W. (1939), "The British Aircraft Industry: The Present Organization and Financial Arrangements Necessitated by the Expansion Programme", Aircraft Engineering and Aerospace Technology, Vol. 11 No. 3, pp. 115-117. https://doi.org/10.1108/eb030455

Publisher

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MCB UP Ltd

Copyright © 1939, MCB UP Limited