Two years ago, and again earlier this year, Airbus was fined for the multi-year, multi-national bribery campaign it ran a decade ago. The victims were worldwide, from the U.S. and Britain to Kazakhstan. Lies were rampant and national security was risked.
The fines weren’t pocket change - $3.9 billion in 2020, the largest international fraud fine in history – and $16 million this year as a continuation of the original fine. They were also just the tip of the spear for changing how Airbus conducts business. The company cleaned house at the executive level and, as part of the 2020 agreement which led to the billions-dollar fine, changed many processes and procedures.
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