Airbus fined record £3bn over ‘endemic’ bribery scheme

Crimes include payments to politicians and airline executives to secure sales

The president of Airbus Commercial Aircraft Business Guillaume Faury speaks during a press conference to announce the annual results of the company, in Blagnac, on February 14, 2019. - Europe
The president of Airbus Commercial Aircraft Business Guillaume Faury speaks during a press conference
(Image credit: AFP via Getty Images)

Airbus has agreed to pay £3bn in fines after an investigation found it ran a program of “endemic” bribery involving top executives and public officials.

According to The Guardian, Europe’s largest aerospace multinational admitted to five counts of failing to prevent bribery.

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William Gritten

William Gritten is a London-born, New York-based strategist and writer focusing on politics and international affairs.