Airbus has released a six bullet point statement following the landslide General Election victory by the Conservative Party - spelling out the aerospace giant's hopes and concerns.
The company - which employs more than 10,000 workers in the º£½ÇÊÓÆµ - has always voiced concerns over the future relationship with the European Union after Brexit.
With operations in the º£½ÇÊÓÆµ, Germany, France and Spain they want to ensure that the smooth transition of workers and goods between sites can continue after the º£½ÇÊÓÆµ exits the EU.
Now the Conservatives have secured a majority of close to 80 MPs it can push on with its intention to leave the EU on a transition deal in January.
The first priority will be to negotiate a trade deal with the EU. The º£½ÇÊÓÆµ wants as much access as possible for its goods and services to the EU.
If no trade deal has been agreed by the end of June, then the º£½ÇÊÓÆµ faces the prospect of leaving without one at the end of December 2020.
Airbus today released this statement with six bullet points outlining its position.
- The vote of the º£½ÇÊÓÆµ people is very clear.
- The result does not change Airbus’ position on Brexit and regulatory alignment remains paramount.
- We continue to be concerned by a potential ‘no-deal’ and are preparing for that scenario as that is the only way any responsible business can plan.
- Airbus is running a major Brexit project in order to understand, eradicate and/or mitigate risks.
- We continue to look for further clarity, and the removal of uncertainty.
- The shape of the future EU/º£½ÇÊÓÆµ relationship remains of critical importance for Airbus.
The aerospace giant added: "We congratulate all new and returning MPs and welcome the fact that the º£½ÇÊÓÆµ Government now has a clear mandate. We look forward to positive discussions."