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Airbus To Pay €3.6bn Fine Over Bribery, Corruption Charges
Airbus has reached agreements with fraud authorities in France, the United Kingdom, and the United States, to pay €3.6 billion amid investigations of bribery and corruption in the company. According to FlightGlobal, analysis from Airbus estimated the damaging impact could have reached around €200 billion across all divisions of the company. The payment made by Airbus will finally bring to an end the three-year prosecution arrangement, which would have avoided more money in lawsuits and also… (airwaysmag.com) Más...Sort type: [Top] [Newest]
Only if the airline you are flying on buys from Airbus...
Uh... who did you think would pay for it? When a corporation pays for something, it uses money it gets from it's customers, does it not?
The fine will be paid by the shareholders. It is stupid to find a company for the behavior of the executives of the company. They and only they should be fined.
When I write “find” , I wanted to write “fine”. Sorry
What's crazy is that the almost 4 billion dollar fine is just to end the probe. Wonder what they would have found if they kept digging...
Not all that surprising that Airbus artificially fluffed up their own orderbook.
Not all that surprising that Airbus artificially fluffed up their own orderbook.
Fines by governments almost always end up as hidden taxes.