Airbus Agrees to $4 Billion Settlement in Alleged Bribery Scheme

With the 737 Max 8 crisis still looming over Boeing, you’d think its only competitor Airbus would be benefitting–but the French airplane manufacturer was hit with its own bad news today. Airbus announced that it has agreed to pay $3.99 billion in global penalties over allegations of “foreign bribery”–payments made to officials to win foreign…

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