Taiwan has no comment on Airbus fines

Galtero Lara
Enero 14, 2018

Airbus said Saturday it had been fined 104 million euros for a dispute dating from 1992 over missile sales to Taiwan by the Matra group, which was later acquired by the aerospace giant.

Airbus, which this week agreed to sell China 184 A320 planes by 2020, said in a statement it had been ordered to pay the fine "for a complaint of breach of contract concerning the sale of missiles".

Matra Defence SAS joined the Airbus group in 1998.

Matra Défense has not yet announced how they will respond to this arbitration fine nor give details of the case. An Airbus spokesperson stated however that "this was a commercial dispute and not a corruption allegation".

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When asked about the Airbus arbitration settlement, Chen Chung-ji (陳中吉), a spokesman for the Ministry of National Defense, said "the ministry has no comment on the matter" and will not comment further on the case, reports CNA.

In a separate case, Airbus said it is in talks with Munich prosecutors to settle a long-running investigation into the allegedly fraudulent EUR2 billion sale of Eurofighter jets to Austria in 2003.

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Airbus did not mention the status of a parallel Austrian investigation into the same arms deal.

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