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In Domestic Affairs

Faury is cautiously optimistic on Airbus operations

16th November 2019 Chris Kimble

Faury is cautiously optimistic on Airbus operations Pin It

Airbus aircraft maker does not intend to relocate its production site in the UK if the British leave the European Union. However, questions will arise about investments, for example, if the Brexit is a fact. Airbus boss Guillaume Faury therefore labeled the Brexit as a risk for the aircraft maker.

According to Faury, any rates that will apply after the UK’s EU exit may cause delays in aircraft production. The impact of a possible trade agreement between the United Kingdom and the EU is uncertain. He did not want to say whether and how any additional costs would be qualified. In the United Kingdom, wings of the Airbus are made.

Faury further said that aviation growth is still twice as fast as economic growth as a whole. According to him, that will remain the case for the time being.

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