Discussions over Britain’s departure from the European Union through a process internationally known as Brexit continues to send ripples across the business world as companies rush to enact various contingency plans in order to help mitigate negative consequences.

Airbus, one of the world’s largest aircraft manufacturers, has put its record-breaking solar-powered drone into mass production.

Ukraine and Airbus have signed a deal on 55 civil helicopters for $650 million.

A top US official has made clear that the US government is unlikely to issue any licenses that would allow companies like Airbus and ATR to continue supporting aircraft in service with Iranian airlines.

ATR says it has applied for an export license from the US Treasury Department to deliver 12 aircraft to Iran under a deal signed in 2017, an aviation news website reports.

Germany's auto giant BMW has followed plane-maker Airbus in warning about the consequences of Britain's exit from the EU, saying it may leave the country.

Airbus will be in “great difficulty” if the plane-maker firm fails to get a transition agreement over the UK’s divorce from the EU, says an academic in London.

Airbus has warned it could leave the UK if the country exits the EU's single market and customs union without a transition deal.

Russia's Sukhoi Civil Aircraft says plans to sell planes to Iran will not change even after the US re-imposes sanctions against the country.

Iran says it has asked Airbus to announce its decision regarding a massive plane deal it signed with Tehran.