Airbus Aerospace, employing about 14,000 people at some 25 sites in the UK, and many thousands more in France, warned the UK Government, some three weeks ago, it could leave the UK altogether, if no firm Brexit deal is reached.
Aerospace in the UK annually generates some £11.7BILLION in tax revenues....
In addition, the firm is highly concerned that long-established EU safety certification will end next March, putting all UK manufactured product at risk, and at worst unable to be sold.
The company says that an internal review highlighted possible border and multiple access issues for the unfettered transit of their next generation wing sets, and as a result the firm is seriously considering moving all or part of the preparatory development research and subsequent manufacturing facility to France and elsewhere.
Airbus suggest that crashing out of the single market and customs union without a trade agreement and without a transition period - could easily cost it billions of pounds a week
Even if a deal is reached, Airbus maintain the two-year transition period set by government is far too short, forcing them to "refrain from extending" the number of UK suppliers it uses from now on.
"Far from 'Project Fear', this is a dawning reality for Airbus," the chief operating officer says. In addition an additional 100,000 plus jobs in UK suppliers, supply chain and UK contractors could also be seriously at risk if Airbus decamps to France.
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