Originally Posted by
felixflyer
I don't understand this, Isn't Airbus a joint venture between various nations? Isn't Airbus UK more than just a European company that has chosen to base some of it's manufacturing in the UK? Surely there is some historical deal that says some of the facilities need to stay in the UK and all other nations involved?
Reading the news reports it seems production may go to China or elsewhere outside the EU. Why will the UK leaving the EU mean facilities cannot stay in the UK but can go to China or other countries outside the EU?
Airbus is a European company involving France, Germany and Spain. Not sure about Italy. BAE sold it's stake in Airbus in 2007, a very short sighted move I think.