FILE PHOTO: President of Airbus Commercial Aircraft Guillaume Faury attends the Airbus annual general meeting in Amsterdam, Netherlands April 10, 2019. REUTERS/Piroschka van de Wouw
PARIS (Reuters) - Airbus Chief Executive Guillaume Faury said on Wednesday there was a growing risk Britain would leave the European Union without a withdrawal deal in a way that could damage the aerospace firm’s performance next year.
“We have been very clear on the potential negative consequences of a hard Brexit or no-deal Brexit. We see that the likelihood of a no-deal Brexit is high and maybe growing,” Faury said at an investor meeting coinciding with the Paris Airshow, adding it was important Britain and the EU managed such a scenario smoothly.
“If we have an inappropriate and poorly-managed no-deal Brexit by the end of October ... this could impact the start of 2020.”
Reporting by Alistair Smout; Editing by Mark Potter