Merkel has halted payments with the defence manufacturer Airbus A400M

Merkel cancels Airbus payments putting British jobs at risk over Blair’s bad deal

ANGELA Merkel is putting the jobs of British workers at risk after stopping payments to a key defence contract ahead of a NATO heads of state meeting this month.

By SIOBHAN MCFADYEN

PUBLISHED: 13:54, Wed, May 10, 2017 | UPDATED: 17:13, Wed, May 10, 2017

The German chancellor Angela Merkel has halted payments with the defence manufacturer Airbus following a deal which was agreed in 2003.

The A400M, Europe’s largest defence project, was ordered to give Europe an independent military transport capability under a deal struck by the Blair administration.

Seven NATO countries involved in the 20 billion euro (£16.9 billion) project are now on notice that the contract could collapse…….Read entire post express.co.uk

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“This was a huge error. 

“It has left what could be a world leading industry for the UK at the mercy of German political intervention. 

“Rather than being a boon for the UK Defence sector, the political game playing in Brussels and beyond is now affecting the industry.”

When Airbus was incorporated as a joint-stock company in 2001, defence contractor BAE Systems transferred its UK facilities in return for a 20 per cent share of the new company. 

These facilities became the now operational Airbus UK. 

Related post:

German Defence Ministry warned that technical challenges and contractual wrangling with Airbus could impair full operational use of A400M

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GERMANY SEEKS COMPENSATION OVER AIRBUS A400M – Airheadsfly.com

German Air Force may look to acquire additional transport aircraft

Airbus to swap out parts & components of its troubled A400M aircraft after cracks were found

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A400M Military Transport: Details

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One thought on “Merkel has halted payments with the defence manufacturer Airbus A400M

  1. Al-hein

    Simple result of BrExit.
    Workshare will surely move to other Airbus facilities.
    I wouldn’t be too surprised if Airbus-UK factory was to be moved, why not in Eire or in some EU country in need of job creations. Well, Eire could be more practical for language and part of the personnel may accept more easily to relocate.

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