Airbus: 'Catastrophic' Brexit would threaten our future in the UK

Hammond I’ll be the champion for our prosperity after Brexit			
				 
   by Joel Taylor 
  Published

"Put simply, a no-deal scenario directly threatens Airbus" future in the United Kingdom'.

Mr Crabb tweeted: "The enormous Airbus factory in North Wales is one of the jewels in the crown of United Kingdom manufacturing".

The report goes on to say Airbus is "preparing to abandon plans to build aircraft wings at its British plants and move production to China the U.S. or elsewhere in Europe".

Airbus employees test undercarriage at the company's Filton factory near Bristol.

Speaking at a private dinner for Tory donors, Mr Johnson was recorded saying there was now a high chance that Mrs May would cross her own Brexit red lines and leave the United Kingdom "locked in orbit around the EU in the customs union and to a large extent still in the single market".

The company's big fear is that Britain may leave the European Union in March 2019 without a transition deal to keep it temporarily in the bloc's single market and customs union.

The Airbus risk assessment said operating under WTO rules could cost the company billions of pounds every week in loss of turnover and delay penalties.

Xavier Dolan & Will Beinbrink Join the Cast of 'IT' Sequel!
Dolan is repped by CAA and Thirty Three Management, while Zero Gravity Management and GVA Talent Agency rep Beinbrink. Dolan has stared in many of his directorial efforts, including " I Killed My Mother " and " Tom At the Farm ".

South Korea leader urges denuclearization steps from North
They're blowing it up. 'They've already blown up one of their big test sites, in fact it's actually four of their big test sites'. For 17 years, Hyeonseo Lee lived under the thumb of the brutal and isolated regime in North Korea.

Interest rates held by Bank of England
Before today's decision the markets were split 50/50 on whether there would be a rate rise at the MPC's next meeting in August. As economic momentum improves, fears over rising inflation grow and pressure increases for interest rates to rise.

"This scenario would force Airbus to reconsider its investments in the United Kingdom, and its long-term footprint in the country", it added.

If there was no extension to the Brussels transition period, the company threatened to stop partnering with any new United Kingdom suppliers.

The story by the papers Policial Editor Francis Elliot and Industrial Editor Robert Lee claims Airbus has lost patience with Theresa May's stalled Brexit negotiations. A pragmatic, sensible Brexit that protects trade & jobs is vital'.

Thursday's statement is not the first time Airbus has demanded more clarity over the Brexit process. In March, Katherine Bennett, the senior vice-president for Airbus in the United Kingdom, told the BBC Radio 4 Today programme that a three-hour wait on a lorry at Dover "would be a critically bad issue for Airbus", as would be delaying cargo flights carrying completed wings to Europe.

The period is "too short for Airbus to implement the required changes with its extensive supply chain", it said. "It's really important that the parts don't get held up in warehouses".

He said: "With the scheme, we're meeting our commitment to secure the rights of European Union citizens who are already in this country, contributing in so many ways, they're working, they're studying, or for other reasons". Our key preference is for the United Kingdom to remain a home nation for Airbus.

The warnings from Airbus echo comments made on Wednesday by the boss of Siemens in the UK.

Related News:

  • China: ‘Capricious’ trade policies will hurt USA  workers

    China: ‘Capricious’ trade policies will hurt USA workers

    China believes previous negotiations with the U.S. were positive and constructive. China will take action to defend its interests.
    Peter Fonda: 'Rip Barron Trump from his mother'

    Peter Fonda: 'Rip Barron Trump from his mother'

    F-". "I immediately regretted it and sincerely apologize to the family for what I said and any hurt my words have caused". Secret Service notified after Hollywood actor Peter Fonda called for kidnapping Melania and Donald Trump's son, Barron.
    Brazil vs. Costa Rica

    Brazil vs. Costa Rica

    The Paris Saint-Germain star will hope to have more of an impact in upcoming games against Costa Rica and Serbia. Midfielder Fred has also returned to training after missing the opening game due to injury.
  • Nigeria v Iceland: Super Eagles starting X1 revealed

    Nigeria v Iceland: Super Eagles starting X1 revealed

    June 19-24, 2018 - The FIFA World Cup takes place in Russian Federation , with 32 teams competing to be crowned World Champions. However, I'm going to ride with Iceland to get the win here.
    Meet the new Audi A1

    Meet the new Audi A1

    The radar sensor recognizes critical situations involving other vehicles, crossing pedestrians or cyclists ahead of the vehicle. The latest generation operating system is available with Apple CarPlay, Android Audi and various other interfaces available.

    Trump signs executive order to reverse his immigration policy

    They have encountered persistent GOP divisions that have long prevented Republicans from tackling a broad immigration bill. Constitution, which holds no person can be deprived of life, liberty or property without due process.
  • Better me than the players, says injured England boss Southgate

    Better me than the players, says injured England boss Southgate

    Southgate was back at the base in time to hold a planned meeting with his players before dinner - albeit with his arm in a sling. I just think what he brings, not only to the team but me personally, has been a massive, massive help.
    What's Up With Melania Trump's 'I REALLY DON'T CARE. DO U?' Jacket?

    What's Up With Melania Trump's 'I REALLY DON'T CARE. DO U?' Jacket?

    The jacket had been on sale at fashion retailer Zara for US$39, but is now sold out, according to fashion magazine marie clare. One outraged user borrowed an image of the back of the jacket to promote groups working on behalf of immigrant children .

    Trump changes course, stops family separation at the border

    Mr Trump also said separating families was "certainly not an attractive thing and does look bad", added Representative Tom Cole. The focus has shifted to a new plan to keep children in detention longer than now permitted, but with their parents.
  • South Korea says USA  drills suspended to aid talks with North

    South Korea says USA drills suspended to aid talks with North

    Ending the joint exercises, Moon said, puts pressure on North Korea to be reasonable as the two sides discuss the process ahead. South Korean military commentator Lee Illwoo described the halt as "temporarily pulling off the wheels of the alliance".
    India Retaliates To Trump's Duty Hike, Raises Import Duties On US Products

    India Retaliates To Trump's Duty Hike, Raises Import Duties On US Products

    For iron and steel products, the increase is at least 50 per cent of the existing rate (from 15 to upwards of 22.5 per cent). India has notified the WTO a revised list of 30 USA imports on which it intends to impose retaliatory tariffs.
    Turtle Beach Confirms Massive Lineup Of Fortnite-Ready Headsets For Switch

    Turtle Beach Confirms Massive Lineup Of Fortnite-Ready Headsets For Switch

    Unfortunately, it doesn't seem like Epic Games nor Nintendo have any plans of bringing the battle royale game over to the Wii U. Without a standard for multiplayer between consoles, cross-play varies between games and their approach to online features.


Most liked

RUMOR: Cavs will likely draft Michael Porter Jr. at No. 8
However, with center DeAndre Jordan most likely going to leave in free agency, the Clippers are going to be stuck in mediocrity. "The team, naturally, will not comment on its draft strategy". "Right now, I would say I'm a mix of Giannis and KD", he said.

Saudi Sides with Oil Consumers as OPEC Nears Pivotal Talks
Saudi Arabia urges OPEC to help consumers by boosting oil supply as opposition from arch-rival Iran shows signs of wavering. A decision to increase output could be taken even with Iran refusing to sign up, as has happened before in OPEC.

China-based hack breached satellite, defense companies
There has been no suggestion that Thrip is linked to those allegedly Russia-backed attacks. However, the security firm stopped short of blaming the Chinese government for the hacks.

Sami Khedira keeps his composure after deliberately provocative question from Swedish journalist
Should head coach Joachim Loew opt to drop Khedira from his starting line-up, the 2014 World Cup victor can take it. Bit of a painful outcome for the boy Ludvig, but we're sure he'll be able to run it off eventually.

Mavericks acquire Luka Doncic from Hawks for Trae Young, pick
Nowitzki, of Germany, is the highest-scoring European player in National Basketball Association history. The Mavericks and Hawks agreed to a draft-night trade Thursday in which they will flip the Nos.

NASCAR disciplines dad for helping pull son out of burning vehicle
But with his son safe and sound, the elder Jones has a much simpler outlook on what happened. "I'm just a dad". Jones will not be fined nor suspended", South Boston Speedway said in a statement.

Migrant children: Immigration bill teeters on the edge of collapse
Mr Trump also said separating families was "certainly not an attractive thing and does look bad", added Representative Tom Cole. One in five immigrant children detained under the zero-tolerance policy are younger than 13, according to Kaiser Health News.

Optus Passes 6 World Cup Games To SBS As "Failsafe"
Mr Lew admits Optus' latest streaming failure has significantly impaired the brand's position as a credible content provider. Optus CEO Allen Lew said the two-day deal with SBS was about creating a failsafe for its customers.

Dwight Howard, Brooklyn Nets Negotiating Buyout
Dwight Howard and the Brooklyn Nets will begin discussions on a buyout. Howard might want to get some Edible Arrangements for his new squad.

Senegal and Japan fans help clean up stadiums following World Cup games
The search for the World Cup's most polite fans is down to two finalists: Japan and Senegal. Not only did these teams impress World Cup viewers - their fans did, too.

Spain Overcomes Iran's Stubborn Defense in the World Cup
The victory in Kazan puts the 2010 winners on course for the last 16, but Iran had an equaliser disallowed for a narrow offside. David Silva sent a free kick straight into the arms of keeper Ali Beiranvand in the 25th minute for Spain's first shot on goal.

Melania Trump Wears 'I Really Don't Care' Jacket Before Texas Visit
Most of the children are from Guatemala, with all but six unaccompanied minors, the rest having been separated from their parents. One common reaction to the jacket was bafflement: What was she thinking? "The images struck her, as a mother, as a human being".

Microsoft backpedals on VR promise
Virtual reality was strangely absent with the company focussing on 4K performance of the Xbox One X and other enhancements. Obviously on phones, augmented reality is a good scenario as well that's going to grow.

Koko, the extraordinary gorilla who mastered sign language, dies at 46
She had appeared in many documentaries during her lifetime, and had graced the cover of National Geographic . Some 10 years younger than Koko , Ndume was selected to be her mate but a relationship never developed.

First lady's 'I don't care' jacket causes a stir
She may also visit a second facility later in the day where children housed in cages were seen by The Associated Press last week. Thousands of children remain separated from their families , many in different states , with no clear plan to reunite them.