Airbus

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Airbus demonstration in Toulouse
Headquarters
Summary

Airbus is a major airline and military aircraft manufacturer that was created in 1970 to compete with Boeing with the help of generous subsidies from the British, French, German, and Spanish governments. The company has been investigated over corruption in Austria, Brazil, Canada, China, Colombia, Ghana, India, Indonesia, Japan, Kazakhstan, Kuwait, the Philippines, Malaysia, Mexico, Nepal, Russia, Saudi Arabia, South Korea, Taiwan, Turkey, the United Arab Emirates and Vietnam. In 2020 the company paid out $4 billion to prosecutors in France, the United States and the United Kingdom to drop investigations and lawsuits into alleged bribery payments.

Products

civilian & military aircraft, drones, military services

Violations

Top 5 Offense Groups (Groups Defined)Penalty TotalNumber of Records
competition-related offenses$532,224,4752
safety-related offenses$186,6703

(April 19, 2021)

Number of Records
5
Total Penalties
$532,411,145 (April 19, 2021)
Individual Records & Summaries
Click here for details of Airbus's violations.
Information in this section is drawn from the Violation Tracker database produced by the Corporate Research Project of Good Jobs First in Washington DC. It is the most comprehensive source of data on business violations of laws and regulations in the United States. For specific examples of misconduct, please click on the links.

Stories

Article Archive

Norway Global fund excludes cluster bomb maker

Published by
IPE Magazine
|
By
Barbara Ottawa
|

NORWAY - The NOK1.7trn (€209bn) Norwegian Government Pension Fund - Global has excluded the South Korean Poongsan Corporation from its investment portfolio for producing cluster bombs.

Read more
Videos & Podcasts
Airbus workers stage protest against 5000 job cuts in France (FRENCH)
Airbus workers in Madrid protest redundancies (SPANISH)
Thousands protest Airbus layoffs in Spain

Activism

Recent & Ongoing Campaigns
Protesting Airbus workers have blockaded the CA-35 Highway near Cadiz April 14

Garda World | April 14, 2021

Ongoing protest by Airbus workers blocks CA-35 Highway near Cadiz, Spain, April 14. Increased security, localized disruptions likely.

Thousands of Spanish Airbus workers protest layoff plan

Guillermo Martinez, Sergio Perez | Reuters | July 23, 2020

Thousands of Spanish Airbus AIR.PA employees gathered outside a factory near Madrid on Thursday, waving banners and chanting through face-masks, to protest against a restructuring plan that will see hundreds of jobs lost.

Major Investigations
Former employee sues AIRBUS under False Claims Act

John O'Brien |  Legal Newsline | October 30, 2020

A former employee who managed contracts with the federal government says he was effectively fired for reporting misconduct at AIRBUS U.S. Space & Defense.

Airbus shareholders in U.S. file fraud lawsuit over disclosures, corruption probes

Jonathan Stempel | Reuters | August 6, 2020

Airbus SE was sued on Thursday by shareholders who accused the European planemaker of securities fraud for misleading them about its ability to avoid and manage corruption accusations over nearly 4-1/2 years.

Airbus moves to end 16 years of litigation, end US tariffs

The Associated Press | July 24, 2020

European planemaker Airbus says it is taking the last step to end 16 years of litigation with the United States at the World Trade Organization.

Airbus lands €3.6bn global bribery settlement

Elly Proudlock  -  Ben Packer  -  Jane Larner  - Louise Lau | ABC | February 13, 2020

On 31 January 2020, Airbus reached a record-breaking €3.6bn global settlement with UK, French and U.S. authorities regarding allegations of bribery and corruption. These three resolutions reflect the culmination of a three-and-a-half year UK and French joint investigation ...

Airbus Agrees to Pay over $3.9 Billion in Global Penalties to Resolve Foreign Bribery and ITAR Case

United States Department of Justice | January 31, 2020

Airbus SE (Airbus or the Company), a global provider of civilian and military aircraft based in France, has agreed to pay combined penalties of more than $3.9 billion to resolve foreign bribery charges with authorities in the United States, France and the United Kingdom arising out of .... 

Austria Sues Airbus Over Eurofighter Deal

Agence France Presse | Feb 16, 2017

A government probe concluded that the Airbus and Eurofighter consortium had “deliberately misled the Austrian Republic on the real price, delivery capabilities and its equipment” of the deal signed in 2003.

 

Employment Practices
Airbus Polska terminated the collective agreement for employees

Verietyinfo | November 28, 2020

Airbus Poland has terminated the provisions of the collective agreement for its employees.

Thousands of Airbus workers march, stage ‘empty chair’ protest over job cuts

Al Arabiya | July 8, 2020

Thousands of Airbus workers marched alongside an airport runway in France and staged an ‘empty chair’ protest in Germany on Wednesday to protest against plans to cut up to 15,000 jobs.

German Airbus Workers Protest Plant Sales

Manufacturing.net | July 27, 2007

Several thousand workers at three German Airbus plants staged protests against the aircraft maker's possible sale of two of the factories.

 

Financials

Corporate Headquarters
B80 Building, 2, rond-point Dewoitine, BP 90112, 31703 Blagnac Cede, France
Most Recent Gross Revenue
$78.935 billion (2019) | source
Most Recent Net Revenue
$ -1.525 billion | source
Stock Exchange Tickers
Euronext Paris: AIR, BMAD: AIR, FWB: AIR
Subsidy Tracker
Subsidy Tracker
Subsidy Tracker is a project of Good Jobs First in Washington DC. It is the most comprehensive source of data on state and federal subsidies in the United States. For more details, click on the links.
Click here for details of subsidies received by Airbus.
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