A senior Airbus executive has warned that the company is entering a dangerous phase if they will be unable to transfer people and products in the EU seamlessly.
Toulouse-headquartered Airbus, with an employment base of 15,000 people in Britain, had earlier on warned of the dangers posed by the referendum to quit the EU, reports Independent.
While speaking to the Commons Treasury Select Committee after Court Ruling on Brexit case, chief executive Tom Williams, said that Airbus is an international company and free movement is paramount to them.
He informed the committee that they have “Brits working in Europe and a lot of French and Germans working here in the UK,” and thus the government’s Brexit deal will be of much significance to them.
“Anything that disrupts that model will create inefficiency and could affect our long-term competitiveness,” said Mr Williams.
He added that the biggest benefactor for this disruption is Washington. The US competitors would use all available options to undermine Airbus’ success.
Airbus and its main rival, US aircraft giant Boeing, have been in dispute over subsidies for production and development.
The Airbus chief insisted that the Brexit deal championed by Theresa May’s team must allow Airbus to move products around Europe freely. The movement must be in such a way that short notice or even none at all causes no problems. Airbus employs 600 EU workers in UK and 1,800 UK citizens in Europe.
The company has from time to time insisted that the United Kingdom benefits economically in EU due to free movement.
In her major Brexit speech last week, PM Theresa May said that she plans to trigger Article 50 by end of March.
She has chosen to go for hard Brexit, which means the UK will withdraw from the EU, including its single market.
She argues that finding ways to remain part of the EU is a betrayal to the voters. In addition, they would be bound by EU laws. This is same to as “not leaving the EU.”