Learn how the creator economy is transforming the marketing landscape, and how to cultivate partnerships to grow engaged communities at Social Media Week: The Creatorverse, May 16–18 in NY. Register now to secure your early bird pass.
With the 737 Max 8 crisis still looming over Boeing, you’d think its only competitor Airbus would be benefitting—but the French airplane manufacturer was hit with its own bad news today.
Airbus announced that it has agreed to pay $3.99 billion in global penalties over allegations of “foreign bribery”—payments made to officials to win foreign contracts. The settlement was reached between Airbus and prosecutors from the U.S., U.K. and France.
“Airbus engaged in a multiyear and massive scheme to corruptly enhance its business interests by paying bribes in China and other countries, and concealing those bribes,” said Assistant Attorney General Brian A.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in