The Manila Times

AIRBUS CEO SAYS WON’T CLING TO JOB AMID PROBE

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FRANKFURT AM MAIN: Airbus CEO Tom Enders told a German newspaper he was prepared to step down if he was “no longer part of the solution”, as the aircraft - ing corruption scandal.

“I’m not glued to my job,” Enders told the Handelsbla­tt to be published Monday, but insisted he currently saw no reason to step down.

The comments come as the embattled company faces bribery and graft probes in several European countries.

part of the solution, then I hope I will realise that myself and draw my own conclusion­s, but I don’t see us at that point yet,” said Enders, who was appointed CEO in 2012.

The company is under investigat­ion by French prosecutor­s and suspected corruption in Airbus’s UK-based civil aviation arm.

The probes were opened last year after Airbus raised suspicions itself over irregular trans- actions.

The group is also the target of probes in Austria and Germany - tary jets to Austria in 2003.

According to German media, Airbus reportedly used network of shell companies to bribe decisionma­kers in Austria as Vienna was considerin­g the purchase of the jets.

But prosecutor­s in Munich said last week that German investigat­ors looking into the allegation­s had uncovered “little evidence so far of corruption”.

Austrian authoritie­s meanwhile brought charges against Airbus in February, claiming they were overcharge­d and seeking as much as 1.1 billion euros in damages from the company.

Enders warned last week that the aircraft manufactur­er could - ing to the ongoing probes.

“This is going to be a long process and there are potentiall­y serious consequenc­es -including significan­t penalties to the company,” Enders said in a letter to employees.

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