Airbus and Leonardo Bosses Voice Brexit Concerns | Aviation International News

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Airbus and Leonardo Bosses Voice Brexit Concerns

The CEOs of Airbus and Leonardo worry of difficulties working with the UK aerospace sector if Britain doesn't reach a trade agreement with the EU.

Airbus CEO Guillaume Faury expressed concern about how a no-deal Brexit could harm working relations between European aerospace companies and those in the UK. (Photo: Airbus)

By Charles Alcock • Managing Editor

July 20, 2020

Senior leaders from European aerospace groups Airbus and Leonardo on Monday expressed concern about working arrangements with British companies in the event that the Brexit transition period ends with no trade deal agreed between the European Union and the UK. One difficulty would likely center on the absence of a Bilateral Aviation Safety Agreement (BASA), which is supposed to form part of the Brexit settlement to allow for a relatively smooth regulatory landscape when the UK leaves the European Union Aviation Safety Agency at the end of the transition period on Dec. 31, 2020.

Industry groups have continued to express fears that the Brexit negotiations could soon collapse, as the two sides apparently remain far apart in their expectations for a complex trade deal. UK Prime Minister Boris Johnson has indicated that he is willing to let the UK complete its departure from the EU without a deal, even if it means having to trade on standard World Trade Organization terms.

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