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Airbus in talks with German prosecutors to end jet probe

AP  |  Berlin 

says it is in talks with German prosecutors to end their investigation into alleged irregularities in the sale of combat to

The aviation and defence company says that "once concluded, will disclose the result."


The company described as "pure speculation" a report late Saturday by German daily that might avoid going to trial by paying a fine of 70-80 million euros (USD 85-97 million).

prosecutors are investigating whether bribes were paid to secure the sale of 15 used planes to in 2003.

Separately, Airbus said it has been notified of an arbitration ruling in a case involving subsidiary Matra Defence, ordering it to pay 104 million euros for breach of contract in the 1992 sale of missiles to

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, January 14 2018. 18:50 IST
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