Aircraft
France Joins UK in Airbus Fraud Investigation
Airbus pledges complete cooperation as probes intensify

France’s Parquet National Financier has joined the UK Serious Fraud Office in an investigation into allegations of fraud, bribery and corruption in the civil aviation business of Airbus Group. In a statement issued Thursday, Airbus said it will “fully cooperate” with both authorities. The UK agency launched its official investigation last August, following months of deliberation over whether or not to pursue charges related to the manufacturer’s failure to reveal the identity of some intermediaries in applications for export credit financing for certain airline customers.