European planemaker Airbus has warned it could move wing-building out of the UK in the future if there is a no-deal Brexit.
The firm’s chief executive, Tom Enders, said the firm “will have to make potentially very harmful decisions for the UK” in the event of no deal.
“The UK’s aerospace sector now stands at the precipice,” Mr Enders added.
Airbus, the world’s second-largest aerospace group, employs 14,000 people in Britain.
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That includes 6,000 jobs at its main wings factory at Broughton in Wales, and 3,000 at Filton, near Bristol, where wings are designed and supported.
Mr Enders said: “Please don’t listen to the Brexiteers’ madness which asserts that, because we have huge plants here, we will not move and we will always be here. They are wrong.”
He said while the firm could not “pick up and move our large UK factories to other parts of the world immediately”, Airbus could be could be “forced to re-direct future investments in the event of a no-deal Brexit.”
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“And make no mistake there are plenty of countries out there who would love to build the wings for Airbus aircraft,” he added.
“Brexit is threatening to destroy a century of development based on education, research and human capital.”
MPs are putting forward alternative plans to Theresa May’s Brexit plan after it was voted down by Parliament last week.
The UK is due to leave the EU on 29 March 2019.
Source: BBC