Airbus management is transitioning from Tom Enders reign as CEO to Guillaume Faury. Enders wanted to hand over the company without issues, having bitten the bullet on the A380 program, received a 300 aircraft order from China, and approved preliminary work on two or three new models that could be potentially introduced at the upcoming Paris Air Show.
But the shadow of a bribery scandal is overshadowing this transition, and Der Spiegel has reported on a French investigation into an Egyptian bribery scandal involving a consulting firm that allegedly may have been used for payoffs.
Analysis
In many countries, including the Middle East, bribes and payments to appointed sales agents to complete a transaction are commonplace, and have been standard practice for many years. Airbus
, under John Leahy’s regime, apparently established a Paris-based “Strategy and Marketing Organization” that was in charge of a bribery operation within Airbus.
We use cookies to optimize our website and our service.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
