22 JUN

Airbus says no-deal Brexit would force it to reconsider UK presence

Thomson Reuters

PARIS (Reuters) – Airbus issued its strongest warning yet over the impact of Britain’s departure from the European Union, saying a separation without a final deal between Britain and the EU would force it to reconsider its long-term position in the country.

In a statement issued late on Thursday, Airbus also said current plans for a transition period ending in December 2020 were too short for the planemaker to adapt its supply chain and would mean no further expansion in its UK supplier base.

(Reporting by Tim Hepher; Editing by Tom Brown)

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