The chief executive officer of Airbus today warned that Brexit would be without a deal "catastrophic" for the industry, adding that the company has already spent Tens of millions of euros are preparing for such a scenario.
"There is no such thing as a managed" no deal ", it's absolutely catastrophic for us," said Airbus senior vice president Katherine Bennett's show Andrew Marr. 19659008] "It will be necessary to take some difficult decisions if there is no deal … We will have to look at future investments," she added.
Airbus numbers 14,000 people in the UK. situation, Bennett said that "there are many other countries that are dear to love aerospace."
She said that the company had already spent "tens of millions of euros" on preparations for Brexit, including a "no deal" scenario, accumulating parts, providing IT systems and defining future employee arrangements.
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