Ticker
Airbus confirms cooperation with UK fraud investigation
By EUobserver
The Airbus Group confirmed on Sunday it was co-operating with the UK's Serious Fraud Office (SFO) on investigations into allegations of "fraud, bribery and corruption". The allegations relate to irregularities concerning third party consultants, and has led Germany, France and the UK to halt some export credits for the Toulouse based company. European Airbus and American Boeing are neck-and-neck in an intense battle for airliner orders.