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Comments Off on Top Executive from Airbus UK warns country’s competitive edge could be threatened by Brexit

Airbus UK wings Manufacture and design could be jeopardised by more complex border checks and customs costs if British and EU processes do not remain harmonised.

Divisions in other countries are enthusiastic to secure manufacture contracts, Airbus UK Senior vice president Katherine Bennett stated;

 

 “We do build wings in China now, and believe you me they’re knocking at the door as a result of the situation that we’re in in this country,”

 

At present Airbus components are sent between plants across the continent thanks to Britain’s place in the customs union, single market and European Aviation Safety Agency. However, the extra complications which arise from Brexit could create difficulty especially when attracting investment.

 

Furthermore, 15,000 staff work for British Airbus, which is 10 percent of the global workforce. With sites in Broughton, North Wales, Filton, Portsmouth and Stevenage.

 

A written submission to the committee by ADS Group which represents Britain’s aerospace and defence sector predicts the industry could take a £1.5bn hit from extra customs expenses such as proof of origin and compliance.

 

From: Airbus UK warns Brexit threatens country’s competitive edge

The group’s top executive in the UK warns other countries are ‘knocking at the door’ to take advantage of Brexit

 

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