Indian probe suggests planemaker has more fallout to contend with after record settlement. FMTNews Airbus
NEW DELHI: Indian officials have intensified a probe into whether a US$2.2 billion Airbus SE jetliner sale to a state-owned airline involved bribes, according to a person directly involved in the investigation.
The decision to re-invigorate the probe in recent weeks suggests Airbus has more fallout to contend with after its record US$4 billion legal settlement for making payments to win jet orders. “Depending on the detail there are potentially quite a few civil claims that could arise out of this.” Austrian Defense Minister Klaudia Tanner said the country could terminate a 17-year-old deal to purchase Typhoon jets from the Eurofighter consortium, of which Airbus is a member, after the deal was highlighted in the US probe.
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