The U.S. Justice Department says AAR corruptly obtained business with Nepal Airlines related to the sale of two Airbus A330-200.
Credit: Duy Phuong Nguyen/Alamy Stock Photo
MRO provider AAR is to pay more than $55 million to resolve investigations by the U.S. Justice Department (DOJ) and Securities and Exchange Commission (SEC) into violations of the Foreign Corrupt Practices Act (FCPA), the DOJ said Dec. 19. The penalties were levied following AAR’s participation in...
Subscription Required
AAR Pays Out $55M To Resolve Airline Bribery Case is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password
Not a member? Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.
Related Content
