Red Arrows in turmoil as British firm behind next generation of jets collapses

1 sources1 storiesFirst seen 5/16/2026Score21Mixed Progress

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Aeralis, a British aerospace firm developing a successor to the Red Arrows' jets, has fallen into administration.Around 30 workers have lost their jobs following the company's collapse.The firm had positioned itself as the only option to design and manufacture an advanced jet trainer in Britain.Aeralis had hoped to secure a Government contract to supply aircraft replacing the RAF's Hawk jets, which are scheduled for retirement in 2030.The company filed for administration on Friday.Chairman Robin Southwell said the decision came "after careful consideration of the company's position and the funding challenges it has faced over recent months".Administrators attributed the collapse to "a sustained period of pressure" on cashflow following "continued delays to the UK Defence Investment Plan, combined with geopolitical factors affecting sources of funding".The BBC revealed Barzan Holdings, the investment arm of Qatar's Defence Ministry - and Aeralis's primary backer - pulled its funding...

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