You are here

Airbus chief says Brexit would not help its UK competitiveness

[LONDON] The head of Airbus Group said on Wednesday a decision by UK voters to leave the European Union in a June referendum would not benefit the planemaker's UK operations.

"If Britain leaves, I cannot imagine that this would have positive consequences for our competitiveness in Britain," Chief Executive Tom Enders told a news conference on the aerospace group's annual results.

Airbus, which builds wings for jetliners in the UK, has said a decision to quit the EU would raise doubts about its long-term investments in the country, where it employs 16,000 people.

REUTERS

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom