Leaving the EU: Airbus Risk Assessment Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Iain Stewart
Main Page: Iain Stewart (Conservative - Milton Keynes South)Department Debates - View all Iain Stewart's debates with the Department for Business, Energy and Industrial Strategy
Leaving the EU: Airbus Risk Assessment
Iain Stewart Excerpts(5 years, 10 months ago)
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Greg Clark
As I have said to colleagues across the House, Airbus and other companies in the sector, like many other companies, have been very consistent in their approach for many months, including in evidence to Select Committees on which some Members in the Chamber sit. This has caught the country’s attention now, but it is consistent with what the company has been saying for some time.
Iain Stewart (Milton Keynes South) (Con)
I declare an interest, having visited the Airbus headquarters recently. Airbus has a manufacturing facility in Alabama, USA, which is outside the customs union. It exchanges products, parts and labour without impediment. Does that not give us hope for the future?
Greg Clark
In the context of Europe, the company’s arrangements are remarkably effective. It combines products from neighbouring EU countries and, in many cases and in many markets, beats the competition hands down. Why would we want to disturb something that works?