50 SKY SHADES - World aviation news

One of the world's biggest aircraft producers is warning staff about the dangers of Brexit

Download: Printable PDF Date: 05 Apr 2016 04:08 (UTC) category:
Publisher:
One of the world's biggest aircraft producers is warning staff about the dangers of Brexit - Manufacturer publisher
Tatjana Obrazcova
Country: United Kingdom Aircraft: Airplanes

Airbus, the world's second largest manufacturer of aircraft, has written to UK staff, warning of the dangers of voting to leave the European Union.

The company said Brexit could be damaging to the company's continuing operation in the UK.

According to the BBC, the French firm has sent a letter to all 15,000 British staff, saying that the European Union is crucial for allowing the company to remain competitive, as well as allowing the company to move people and products around the EU.

The company also hinted to staff that future investments in Airbus' UK operation may be at risk should Britain leave the EU. Here are some extracts from the letter, as reported by the BBC (emphasis ours):

"Airbus Group's success in the UK is predicated on a highly competitive, integrated European business model," the letter says.  "Our position... is we firmly believe that it makes good economic sense to stay inside the EU which has helped make the company the global success story it is today. Apart from anything else, we simply don't know what 'out' looks like"

"It is also reasonable for us as a responsible UK leadership team to explain to you why we think it is important for us to stay. Should the British electorate have a different view then clearly we wouldn't cease our activities in the UK, which are highly important and very prominent.

"However, our business model is entirely based on our ability to move products, people and ideas around Europe without any restriction and we do not believe leaving will increase the competitiveness of our British based operations.

"We all need to keep in the back of our minds that future investments depend very much on the economic environment in which the company operates.

"In fact we believe that the UK remaining active in reforming the EU can improve our position, and as a commercial business that operates in a globally competitive environment we need to maintain every competitive advantage in the UK we have.

Despite the letter, Airbus' UK president Paul Kahn told Sky News that the company isn't trying to tell staff how to vote in the June 23 referendum.

 





Recommended

The Arriel 2K, the engine powering the Leonardo AW09 helicopter, has received its EASA certification

The Arriel 2K engine that powers Leonardo’s AW09 helicopter, has received its type certificate from EASA. This marks an important milestone towards the entry into service of the AW09, Leonardo&r...

Singapore selects Thales for next-generation AI-powered air traffic management system serving one of Asia’s busiest airspaces

The Civil Aviation Authority of Singapore has awarded Thales a landmark contract to develop a new NexGen Air Traffic Management System (ATMS) and air traffic control radars, marking a major step towar...

Diamond Aircraft celebrates customer deliveries and training partnerships at EAA AirVenture Oshkosh 2026

Diamond Aircraft concluded a successful week at EAA AirVenture Oshkosh 2026, where it showcased a comprehensive flight-training and private aviation lineup comprising the DA62, DA50 RG, DA42-VI, DA40...

Air France-KLM submits a binding offer for an up to 49.9% stake in TAP Air Portugal

Air France-KLM today has submitted a binding offer to Parpública for the acquisition of a 44.9% to 49.9% stake in TAP Air Portugal, marking a decisive step in the airli...

Android Apps development in Riga, Latvia