Safety issues trigger Boeing leader change and threaten United expansion
The turmoil over aviation safety has claimed the heads of Boeing chiefs and threatens to ...
Boeing is not alone in having some expensive problems. Airbus has agreed to pay a whopping $3.9bn in penalties for “bribing” officials in China – and elsewhere. The money will be paid to France, the UK and the US. The case revolved around a seven-year scheme in which the aircraft manufacturer offered and paid decision-makers, including some in government, to win business. It hid the payments through a business partner with a bank account in Hong Kong, reports FreightWaves.
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