Airbus Settles Corruption and Other Charges with U.S., UK, and France

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Wednesday, February 5, 2020
Author: 
Bruce Zagaris
Volume: 
36
Issue: 
2
Abstract: 

On January 31, 2020, Airbus SE (the Company), a global supplier of civilian and military aircraft headquartered in France, agreed to pay penalties of more than $3.9 billion to resolve transnational corruption and other charges with authorities in the United States, France, and the United Kingdom arising out of Airbus’s scheme to use third-party business partners to bribe government officials, as well as non-governmental airline executives, worldwide and to resolve the Company’s  violation of the Arms Export Control Act (AECA) and its implementing regulations, the International Traffic in Arms Regulations (ITAR), in the United States.  The case is the largest transnational corruption resolution to date.[1]