Despite previously casting doubt over Airbus's long-term presence in the UK should the country make a no-deal departure from the EU, the airframer's chief executive now appears to have taken a more measured stance. Speaking during the opening ceremony of the FIA Connect virtual Farnborough air show on 20 July, Airbus boss Guillaume Faury said that while a hard Brexit "could be an additional challenge" as the industry simultaneously copes with the impact of the coronavirus pandemic, the development could also present opportunities. "We hope the UK ecosystem will be more competitive, will be more innovative and that we will have a long-term presence in the UK," he says. However, London has yet to offer direct assistance to the UK's aerospace sector, in contrast to the billions of euros in support already pledged by France and Germany for their domestic industries; Paris alone has put up €15 billion ($17 billion).
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