Airbus nears settlements with US, UK, French investigators Airbus says it has reached potential settlement agreements with financial investigators in the U.S., Britain and FrancePARIS -- Airbus said Tuesday it has reached potential settlement deals with authorities in the U.S., Britain and France investigating alleged fraud and bribery. British and French authorities are investigating alleged fraud and bribery related to Airbus’ use of outside consultants to sell planes. U.S. authorities are also investigating Airbus' compliance with American arms trafficking regulations. It said the potential settlement agreements must be approved by courts in the three countries. If the French plea deal is confirmed, Airbus must pay out the settlement within eight days.

Source: ABC News January 28, 2020 08:03 UTC