AirAsia shares plunge after Airbus bribery allegations

Canada News News

AirAsia shares plunge after Airbus bribery allegations
Canada Latest News,Canada Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

Shares of Malaysia's AirAsia Group and unit AirAsia X fell on Monday, after...

FILE PHOTO: A woman walks past an AirAsia counter at Kuala Lumpur International Airport in Sepang, Malaysia, July 22, 2019. REUTERS/Lim Huey Teng/File Photo

Malaysia’s anti-graft agency is investigating the allegations from Britain. AirAsia has said it never made any purchase decisions that were premised on Airbus sponsorship, and that it would fully cooperate with the Malaysian Anti-Corruption Commission .

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Malaysia regulator to probe if AirAsia broke rules in Airbus dealsMalaysia regulator to probe if AirAsia broke rules in Airbus dealsMalaysia's securities regulator said on Sunday it will examine whether AirA...
Read more »

Malaysia probes allegations that Airbus bribed AirAsia bossesMalaysia probes allegations that Airbus bribed AirAsia bossesMalaysia's anti-graft agency is investigating allegations by Britain's...
Read more »

Malaysia investigates Airbus-AirAsia graft allegationsMalaysia investigates Airbus-AirAsia graft allegationsMalaysia's anti-graft agency is investigating allegations by Britain's...
Read more »

Rogue Airbus unit is the focus of a record $4-billion bribery settlementRogue Airbus unit is the focus of a record $4-billion bribery settlementAirbus SE used a department with a $300 million annual budget to illegally sway government officials and other decisionmakers on airplane sales, boosting profit by more than $1 billion in a long-running bribery campaign, according to documents filed in the biggest corporate bribery case on record.
Read more »

Airbus to pay around 1 billion euros in UK slice of global bribery settlementAirbus to pay around 1 billion euros in UK slice of global bribery settlementAirbus, the world's largest aircraft maker, will pay just under 1 billion e...
Read more »



Render Time: 2025-03-29 18:12:27