Airbus : Ad-hoc release, Airbus to cooperate with France’s Parquet National Financier in preliminary investigation
March 16, 2017 at 03:24 pm EDT
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Airbus (stock exchange symbol: AIR) announced on 7 August 2016 that the United Kingdom Serious Fraud Office (SFO) had opened an investigation into allegations of fraud, bribery and corruption in the civil aviation business of Airbus Group relating to irregularities concerning third party consultants.
Airbus has now been informed that the French authorities, the Parquet National Financier, had also opened a preliminary investigation into the same subject and that the two authorities will act in coordination going forward.
Airbus will cooperate fully with both authorities.
About Airbus
Airbus is a global leader in aeronautics, space and related services. In 2016, it generated revenues of €67 billion and employed a workforce of around 134,000. Airbus offers the most comprehensive range of passenger airliners from 100 to more than 600 seats. Airbus is also a European leader providing tanker, combat, transport and mission aircraft, as well as Europe's number one space enterprise and the world's second largest space business. In helicopters, Airbus provides the most efficient civil and military rotorcraft solutions worldwide.
Contacts for the media:
Martin Aguera
+49 175 227 3469
Jeremy Greaves
+44 788 750 6338
Matthieu Duvelleroy
+33 629 431 564
Airbus Group SE published this content on 16 March 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 16 March 2017 19:23:15 UTC.
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Airbus SE is No. 1 in Europe and No. 2 worldwide in the aeronautics, aerospace, and defense industries. Net sales break down by family of products and services as follows:
- commercial aircraft (71.8%). The group is No. 1 worldwide for aircrafts with more than 100 seats;
- defense and aerospace systems (17.4%): military aircrafts (primarily transport aircrafts, marine surveillance aircrafts, anti-submarines fighter planes and flight refueling aircrafts), spatial equipment (orbital launchers, observation and communication satellite, turboprop aircraft, etc.), defense and security systems (missile systems, electronic and telecommunications systems, etc.). Airbus SE also provides training and aircrafts maintenance services;
- civil and military helicopters (10.8%).
Net sales are distributed geographically as follows: Europe (39.3%), Asia/Pacific (28.6%), North America (21.1%), Middle East (6%), Latin America (2.7%) and other (2.3% ).