Reported 3 months ago
Airbus is currently undergoing a criminal investigation in the UK related to alleged breaches of export control regulations affecting several of its UK entities. The inquiry was disclosed in the firm's half-yearly earnings report, indicating that Airbus is cooperating fully with Britain's Revenue and Customs agency. The investigation follows an audit by UK export authorities in 2022 and comes after the U.S. lifted potential charges against Airbus for similar violations.
Source: YAHOO