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Trying to avoid a collision course with with a disorderly Brexit ...
Airbus Europe's biggest plane maker says it might hit the emergency exit from the UK entirely if it sees a bad deal when the country exits the EU in March next year. (SOUNDBITE) (English) SENIOR VICE PRESIDENT OF AIRBUS, KATHERINE BENNETT, SAYING: "If there is a no deal Brexit it will be catastrophic for this country, and catastrophic for Airbus and our supply chain." Airbus says even a plan to split Britain more gradually from the EU's market, ending in December 2020 it wouldn't give them enough time to adapt their supply chain. (SOUNDBITE) (English) SENIOR VICE PRESIDENT OF AIRBUS, KATHERINE BENNETT, SAYING: "If anything we would rather have a much much longer transition period.
The most important thing is to get rid of this chaos that's currently existing." The company is headquartered in France and the lack of certainty around Brexit has been a headache for Airbus and other big multinationals. (SOUNDBITE) (English) FABIANA FEDELI, GLOBAL HEAD OF FUNDAMENTAL EQUITIES, ROBECO, SAYING: "I think it will come to some kind of transitionary agreement which most likely will stay in place for a very long time.
A disorderly exit would be very painful particularly at a time when now we have also other problems such as the threats of trade wars with the US." Airbus says in total it supports 100,000 jobs in Britain, with 14,000 people directly employed by the company.
ADS group - a trade body for the UK aerospace sector says it shows the industry's manufacturing base is at risk.
Germany's BDI industry group says Britain is drifting towards a disorderly Brexit which could have disastrous consequences for the UK economy and those of its partners in the bloc.
It says that to avoid a hard Brexit, the British government should agree to remain in the EU's single market and customs union