UK Air Travel Payments: Performance Mixed, But Generally Above Average

The Numbers

Companies Analysed: 60
Average PaymentCheck Score: 65.5/100
UK Average PaymentCheck Score: 50.0/100
Average Outperformance vs. UK Average: 15.5 points
Top PaymentCheck Score: 100/100 (achieved by two companies)
Bottom PaymentCheck Score: 23.6/100
Regional average scores ranged from 67.5 to 79.4

What Stands Out

While the UK air travel sector's average PaymentCheck score of 65.5 is significantly better than the UK average of 50, the spread between the best and worst payers is considerable. This suggests pockets of excellence alongside areas needing urgent improvement, perhaps indicating varying financial health or supply chain management strategies across the sector.

Best Payers

BRISTOW HELICOPTERS (INTERNATIONAL) LIMITED - 100/100
AMEY UK LIMITED - 100/100
AIRBUS HELICOPTERS UK LIMITED - 94.6/100
MARTIN-BAKER AIRCRAFT COMPANY LIMITED - 91.95/100
LOCKHEED MARTIN UK LIMITED - 90.5/100

Worst Payers

MEGGITT AEROSPACE LIMITED - 23.6/100
SHORT BROTHERS PLC - 27.53/100
THOMPSON AERO SEATING LIMITED - 28.1/100
SAFRAN SEATS GB LIMITED - 28.27/100
GE AVIATION SYSTEMS LIMITED - 33.15/100

Regional Patterns

Yorkshire and The Humber leads the regions with an average PaymentCheck score of 79.4 across 4 companies, followed closely by the South East (76.6 across 17 companies) and Scotland (75.2 across only 1 company). The North East, with a score of 67.5 (1 company), underperforms compared to the rest of the UK, hinting at potential regional disparities in payment practices within the air travel industry.

Suppliers struggling with late payments can use this late payment calculator to help them work out what to charge.

The difference of 76.4 points between the best and worst paying companies in the UK Air Travel sector highlights a need for more consistent payment practices across the industry.