Airbus announced that it will cooperate with US authorities regarding French and British corruption investigations


On February 15th, Airbus announced, in a note accompanying its 2017 results, that it will fully cooperate with US authorities on French and British corruption investigations that could fall within US jurisdiction. US authorities requested information relating to the investigations conducted by the Parquet National Financier (PNF) and the Serious Fraud Office (SFO) on allegations of fraud, bribery and corruption, as part of the use of intermediaries in the civil activities of Airbus.

The aeronautics and defense company announced, moreover, that it has informed US authorities of irregularities in certain export contracts of military equipment.

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