PARIS: Rolls-Royce chief executive Warren East said on Tuesday that uncertainties over Brexit remain an unwelcome distraction for the aerospace industry three years after Britain voted to leave the European Union.
Britain voted to leave the EU in June 2016 but has failed to do so, with Prime Minister Theresa May resigning after repeatedly failing to pass a Brexit deal. Some leading candidates to replace May suggest the deal can be reopened, although the EU insists it is not open for renegotiation. The prospect of a"no-deal" Brexit is a headache for the global aerospace industry, which relies heavily on integrated supply chains and parts distribution centers.East said that he was prepared for the possibility, but was unlikely to make specific plans for the October deadline in the same way as he had done for March.