PARIS, July 29 (Reuters) - Airbus said on Wednesday
it had paid just over £6.4 million to UK revenue and customs
authorities to settle a two-year-old investigation into export
control violations.
The European planemaker announced the probe involving
several of its British entities in 2024.
The settlement agreed earlier this month "closes and fully
resolves the matter," Airbus said in notes to quarterly earnings
released on Wednesday.
People familiar with the probe have said it focused on
anomalies over the cross-border transfer of parts for the A400M
military airlifter that came to light during an audit in 2022.
Airbus declined comment on details of the investigation but
said it had voluntarily disclosed the issues and had cooperated
fully with the review.
The company "has long since implemented comprehensive
remediation measures," a spokesperson said.
In 2020, Airbus agreed to pay $10 million and appoint an
export control compliance officer to resolve findings by the
State Department that Airbus had violated export controls known
as the U.S. International Traffic in Arms Regulations (ITAR).