Aviation news analysis
50 SKY SHADES - World aviation news

Airbus may look beyond UK unless Brexit demands met - Sunday Times

Download: Printable PDF Date: 11 Jun 2017 11:17 category:
Publisher:
Airbus may look beyond UK unless Brexit demands met - Sunday Times - Manufacturer publisher
Krista Kuznecova
Country: United Kingdom Aircraft: Airplanes
Source: Reuters

Airbus could move production of new aircraft models out of Britain if the European plane-maker's "non-negotiable" demands over the free movement of people and trade tariffs are not delivered in upcoming Brexit talks, the Sunday Times reported.

Britain is due to begin negotiations with the rest of the European Union about the terms of its departure in nine days time, despite Prime Minister Theresa May being weakened by losing her majority in Thursday's election.

Fabrice Bregier, chief operating officer of Airbus, said a deal must allow its staff from all over the world to enter Britain easily, ensure that parts are exempt from trade tariffs and ensure certain regulatory standards are maintained.

Otherwise, he said, Britain would risk losing Airbus production in the future. "For new productions, it's very easy to have a new plant somewhere in the world. We would have plenty of offers to do that," Bregier said, according to the newspaper.

"We want to stay in the UK — provided the conditions to work in an integrated organization are met."

May might be forced to reassess her Brexit priorities after being weakened by the election. She has previously said she wants Britain to withdraw from Europe's custom union as well as its single market. She has also said no deal would be better than a bad deal, implying she could accept tariffs on imports and exports.

Airbus Chief Executive Tom Enders said on Thursday that a "hard Brexit" where trade tariffs between the UK and European Union were imposed could potentially impact the competitiveness of the firm's activities in Britain.

Airbus employs over 10,000 people across two plants in Britain, according to the company's website.



Loading comments for Airbus may look beyond UK unless Brexit demands met - Sunday Times...


Recommended

Lufthansa Technik: Comprehensive A350 APU support for two Asian airlines

Two major Asian airlines entrusted Lufthansa Technik with the technical support for the HGT1700 auxiliary power units (APU) of their A350-900 fleets. South Korean carrier Asiana Airlines...

AsBAA Hong Kong Chapter Successfully Lobbies for Additional Slots at HKIA

AsBAA first formed a slot co-ordination quarterly meeting in Hong Kong with the Hong Kong Civil Aviation Department and Hong Kong Airport Authority authorities in 2016. We did this to give our members...

Qatar Airways will introduce Boeing 787 Dreamliner service on route from Prague to Doha

Qatar Airways has officially announced that commencing 28 October 2018 one of the two daily flights from Prague to Doha with be serviced with the different type of aircraft, increasing the overall cap...

First ACJ320neo is assembled

Heralds new era in Airbus corporate jets The first ACJ320neo[1] has been assembled on programme, fitted with CFM International LEAP-1A engines and painted in ACJ house-colours, in preparation for a...