Brexit and Trump mean 'dangerous new phase' for Airbus, says boss

Airbus has warned of a “dangerous new phase” as it faces the twin threat of Brexit and the policies of the Trump administration. Tom Williams, COO and president of commercial aircraft at the company, told MPs on the Treasury select committee that it would be “pretty scary” if Airbus were no longer able to operate a successful UK business with the ability to seamlessly move goods and people around the EU. Williams suggested the US and Boeing would be ready to take full advantage of any negative fallout from Brexit suffered by Airbus. “I take the view that whatever is being decided in Washington will also be done very much with what is good for Seattle. So we enter into a dangerous phase.” Williams said that while the British business was so far unaffected by Brexit, decisions to invest in the UK over the longer term were at risk. <br/>