Airbus warns of Brexit parts of the supply risk

Airbus

Airbus, one of the UK’s largest manufacturing employer, has warned that there may be a stockpile of parts to work smoothly, as soon as the UK leaves the EU.

Katherine Bennett, senior Vice-President for Airbus in the UK, told the BBC it would have to decide very soon “by pressing the button” on stockholding.

“We spend £5 billion a year to the UK-supply chain… it is really important that the parts do not get kept in the warehouse.”

Ms Bennett said the company was in discussions with the government.

She told the BBC’s Today programme that the company operated on a “just-in-time” supply chain, which meant that even a delay of three hours in Dover, for example, would be “an important issue”.

“We need to have conditions right for us, we don’t just need these burdens… think the Airbus is different to [his base],” she warned.

Airbus builds its planes in four “home” countries in Europe. In the UK, it builds the wings for its aircraft in Filton, near Bristol, and has other operations at Broughton in North Wales.

Separately, the company said in a statement on Monday said it would cater to European works council members who speak later in the week about the potential impact on jobs from a fall in the production rates of the A380 and A400M aircraft.

Recently, there have been reports in the press about plans for thousands of job cuts in the company.

Airbus said it had a policy of “first addressing workforce issues with the social partners,” before all of the public notice.

In its statement, the company said that it “deeply regrets that the process on the current subject was disturbed by leaks to the media, the excessive reporting about alleged job cuts in its four home countries”.