Airbus: Export Credit Guarantees

(asked on 8th November 2016) - View Source

Question to the Department for International Trade:

To ask the Secretary of State for International Trade, on what date UK Export Finance started a temporary freeze of Airbus export credit cover; and whether that freeze is still in place.


Answered by
Greg Hands Portrait
Greg Hands
This question was answered on 18th November 2016

UK Export Finance has not supported any new deliveries of Airbus aircraft since January 2016.

UK Export Finance is working with Airbus and the French and German export credit agencies to understand and seek assurances around Airbus's practices with regard to overseas agents. In the meantime UK Export Finance remains open to applications from any UK exporter, including Airbus, subject to conducting appropriate due diligence on compliance issues.

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