Airspeed Limited was established to build aeroplanes in 1931 in York, England, by A. H. Tiltman and Nevil Shute Norway (the aeronautical engineer and novelist, who used his forenames as his pen-name). The other directors were A. E. Hewitt, Lord Grimthorpe and Alan Cobham. Amy Johnson was also one of the initial subscribers for shares.
Airspeed Limited was established by Tiltman and Norway.