Airbus posts €1.4bn loss after bribery fines
The company buys Bombardiere’s stake in A220 programme, marking the exit of the struggling Canadian manufacturer from commercial aviation
13 February 2020 - 20:44
Paris — Airbus on Thursday reported a net loss of €1.36bn for 2019, weighed down by huge fines to settle bribery scandals and extra costs for the A400M military transport aircraft.
Airbus has agreed to pay €3.6bn in fines to Britain, France and the US to settle corruption probes into some of its aircraft sales...
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