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British Prime Minister Theresa May used her speech opening the Farnborough International Airshow on Monday to reassure attendees that her plan for the UK’s impending departure from the European Union will safeguard millions of Aviation Jobs. In her speech, in which she also announced £343 million in additional research and development funding including money for new “cleaner and greener” electric aircraft technology, Mrs May said that the establishment of a “common rule book” with the EU for goods and customs would make possible the “frictionless” trade on which companies depended post-Brexit. Pledge to avoid border ‘friction’ Mrs May stated: “We can all feel incredibly proud of our position as a leading aerospace nation. By working closely together, government and industry have ensured we remain at the forefront of civil aviation and that our air power is second to none. “Today I want us to build on that, and ensure not only that we retain our prominence, but that in an increasingly competitive industry we make the most of the opportunities that lie ahead.” Declaring that her government aspired to “an open, outward-facing Britain that acts as a global champion for free trade”, she added that “our proposal sets out the right deal for the UK – honouring the democratic decision of the British people, protecting the integrity of our precious union, supporting growth, maintaining security and safeguarding British jobs.” She acknowledged concerns voiced by aviation industry figures that “friction at the border would... jeopardise the uniquely integrated supply chains and just-in-time processes on which millions of jobs and livelihoods depend”. She added: “The frictionless free trade of goods, an independent trade policy, the avoidance of a hard border between Northern Ireland and Ireland and between Northern Ireland and Britain – these are conditions we seek.” A positive response from the aviation industry Among those to signal approval of the Prime Minister’s speech was ADS chief executive Paul Everitt, who said for the industry body: “This is a strong statement of intent that will help build confidence and encourage investment as we look to make sure the UK benefits from sustained global growth in this high-value manufacturing industry. “The international political, military and business leaders visiting Farnborough will be reassured by last week’s Brexit white paper and are keen to hear more about the UK’s post-Brexit ambitions.” As mentioned in our previous blog post here at TARCG, Farnborough International Airshow continues this weekend, and will showcase 150 aircraft and more than 600 exhibitors. Those wishing to visit can book tickets online now via the airshow’s official website.
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