Airbus ordered to pay $126 million to Taiwan

Airbus acknowledged on Jan. 13 that its subsidiary Matra Défense S.A.S. has been ordered to pay an arbitral award of $126 million to Taiwan for breach of contract in the supply of missiles to the island.

ROCAF Mirage 2000-5EI Pilot Opened Canopy and Waveing Hand on Runway 20120602
By 玄史生 (Own work) [CC BY-SA 3.0 or GFDL], via Wikimedia Commons

Commissions were paid during the sale of 60 Mirage 2000 fighters to the country in the 1990s and Taiwan is seeking legal means to claw back the money. So far, Dassault, Thales and Safran were found guilty.