Airbus warns the UK about the severe consequences of "Hard Brexit"
London - Airbus is sharpening its criticism of the British government's Brexit policy. The cabinet of Prime Minister Theresa May has no idea, and no agreement on how they can implement the Brexit without serious damage said Airbus CEO Tom Enders on Friday, July 6 in front of journalists in London.
It is an unpleasant situation for the European aircraft manufacturer with many facilities in the UK. The manufacturer had previously warned of severe consequences and tried to prepare for the worst case.
We're not bluffing,said Guillaume Faury, President of Airbus Commercial Aircraft, pointing to British doubts about the Group's warnings. The worst-case scenario is the Hard Brexit without agreement, which would mean that we do not get any parts across the border, Faury clarified.
Airbus has already expressed that a hard Brexit could force the manufacturer to leave the Britain, where it builds wings and some parts for its aircraft at facilities like Broughton.
Enders also said the uncertainty over the UK’s withdrawal from the EU was very discomforting and it was the company’s responsibility to speak up about the matter.
To be prepared for the laborious and lengthy border controls in an unregulated Brexit, Airbus wants to put significantly more parts in stock. In such a case, the suppliers have to start producing 35% more parts during the next nine months to outfit just a three-month buffer, to give time to adapt. But Most suppliers are already at their upper limit, emphasizes Faury.
Airbus gradually increases its production rate and therefore needs more and more parts from the suppliers.
Headquartered in Toulouse, France, Airbus employs 14,000 people at 25 locations in the UK.