Brexit: Britain strives to reassure aviation industry in Farnborough



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Farnborough (UK) – The British authorities on Monday attempted to rebadure the aerospace industry gathered at the Farnborough show worried about Brexit, by announcing a new fighter plane and commitments for research.
  

The usual match between Airbus and Boeing to conquer the maximum of contracts has certainly started on the heels of this major mbad sector near London, but the eyes of professionals have also turned to politics unless nine months of the planned British departure from the European Union.

Visiting in the morning, Prime Minister Theresa May badured that the UK wanted " to remain one of the best places in the world for aviation companies and one of the world leaders in innovation "in this area – amidst concern over possible trade barriers with the EU after Brexit.

Among other things, it announced the launch of a new combat aircraft, the " Tempest ", a project involving the British industrialists BAE and Rolls-Royce, but also the Italian Leonardo and the European missile manufacturer MBDA.

This announcement came a few months after the French and Germans formalized their cooperation for the manufacture of a common fighter, with a rapprochement of the two adversaries of always, the European Airbus and the French Dbadault Aviation.

Faced with this rapprochement, the British fear being left behind and began their own exploratory work on Monday – with an initial envelope of two billion pounds until 2025.

May has also pledged £ 343 million in public-private funding to support research and development in the civil aviation sector.

The Prime Minister also met with Airbus boss Tom Enders. The latter warned several times against a " Brexit hard " that could push the European aircraft manufacturer to stop his investments in the United Kingdom where he manufactures the wings of his aircraft.

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In addition to these fears about this divorce, the sector is concerned about the unfortunate short-term consequences of the trade war between China and the United States. Boeing CEO Dennis Muilenburg expressed his concern about the issue on Sunday night, although no effect has been felt so far, pointing out that the aerospace industry was " free and open ".

In the long term, however, the airline sector is showing a good optimism for the future, symbolized by $ 30 billion of contracts at the list price for Airbus and a dozen billion for Boeing on the first day of the main European show. of the year.

Via a half-dozen contracts each, the two giants have confirmed the good health of the market, which should double in volume within twenty years.

" We have revised upwards our estimates for the next twenty years, and estimate that the world will need about 43,000 new commercial aircraft ," Muilenburg said.

Airbus, which issued its own forecasts last week, estimates the need for 37,390 new aircraft and cargo over the next twenty years, for a value of 5,800 billion dollars.

Far from weakening them, the rivalry opposing the two giants has dedicated their omnipotence to the market and allowed them to strengthen through alliances with their smaller rivals, the Canadian Bombardier and the Brazilian Embraer.

Airbus and Bombardier announced their spectacular rapprochement last October with the Canadiens' CSeries program, renamed since A220. The two aircraft manufacturers hope to sell " at least 3,000 " copies over the next twenty years, which represents 50% of this market.

For its part, Boeing announced a partnership through which it takes all embraer civil activities for $ 3.8 billion. This operation, effective in 2019, will allow it to compete with its European rival but the American sees further and focuses on the areas of research and development and services.

Because beyond these connections, the two giants have decided to take advantage of the growth in services and maintenance that accompanies that of the fleet of aircraft in the world, thanks in particular to digital and " big data ".

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