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Airbus chief says Brexit would not help its UK competitiveness

Wednesday, February 24, 2016 - 17:27

[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

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