Airbus will be in “great difficulty” if the plane-maker firm fails to get a transition agreement over the UK’s divorce from the European Union (EU).
According to an academic in London, the aviation giant threatened that it could leave the United Kingdom if the country would try exits the EU bloc.
Dr. Rodney Shakespeare, a university professor in London, explained in an interview that Airbus is in a situation where if it does not get a transition agreement, it will be in great difficulty.
“Airbus is already in some difficulty” losing its trade with Iran as a result of US sanctions and it doesn’t want to lose its cooperation and indeed possibly its manufacturing connections with Europe.
The firm called on the UK to extend the planned transition period due to run until December 2020, saying it was “too short” for the business to reorganize its supply chain.
Airbus warned that a no-deal Brexit could have “catastrophic consequences” for its production plans and put thousands of British jobs at risk.
Airbus directly employs 14,000 people in Britain and supports more than 100,000 jobs in a wider supply chain in the country.
Analysts say that in the end they won’t leave the consortium, because most of the technology for Airbus comes from the United Kingdom, just like the Eurofighter.
Britain would be far better off making its own aircraft and stop buying lemons like the F-35 which are built on technology pioneered in Britain and given to the USA or in alliances like Airbus which are bureaucratic monsters and very inefficient.
Recent events show the unreliability of the USA and the untrustworthiness of the EU, so it might be much better to stand alone and when it does the United Kingdom will thrive again.
PressTV.com / ABC Flash Point News 2018.