Airbus Settling With Fraud Agencies To End Corruption Investigation

Airbus is involved in a global investigation for bribery and corruption. The company has reached an agreement with American, British, and French investigators to avoid prosecution, potentially paying over $3.3 billion in fines. The investigation began in 2016 after Airbus self-reported irregularities in its sales practices. US authorities are also examining potential violations of arms trafficking regulations. As a result, Airbus has implemented a new ethics system and restructured its management and sales teams.

What irregularities did Airbus self-report regarding its operations?

What changes did the investigation lead Airbus to implement in its management?