Airbus has agreed to pay €3.6 billion ($3.95 billion) in penalties to settle bribery and corruption investigations being conducted by the French Parquet National Financier (PNF), the U.K. Serious Fraud Office (SFO) and the U.S. Department of Justice (DoJ). According to U.S. Immigration and Customs Enforcement (ICE), the settlement also addresses charges that Airbus violated the U.S. International Traffic in Arms Regulations (ITAR) by “failing to provide … accurate information related to commissions paid by Airbus to third-party brokers who were hired to solicit, promote or otherwise secure the sale of defense articles and defense services to foreign armed forces.” The investigations were opened in 2016 following a self-report from Airbus.
This is a companion discussion topic for the original entry at https://www.avweb.com/aviation-news/airbus-to-pay-3-9-billion-in-penalties