Avinco revealed as an Airbus group company

Avinco revealed as an Airbus group company 24 Sep, 17, Source: HeliHub.com

An investigation is underway to determine whether there is possible corruption within Airbus Helicopters. This is after hundreds of leaked bank records and financial statements were revealed to the public. This information showed that two companies were under the control of Airbus and that money to the sum of €19m was routed via a tax haven to an unknown company. Eolia recently bought 26% of Avinco Holdings, with both companies standing as independent entities. It was later found out however, that both are under “effective control” of Airbus, reports The Guardian.

 

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