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Resource ID: #12881
Subject: Business
Source: Canadian Broadcasting Corp. - CBC
Affiliation: 
Date: March - Dec. 1995

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Description

In 1988 the European aircraft manufacturer Airbus Industrie beat out its competitor Boeing of Seattle and sold 34 A320 jets to Air Canada, then a government-owned airline, for 1.8 billion dollars. It was the largest purchase in Canadian history and for years rumours circulated that the deal was tainted by secret kickbacks. A Der SPIEGEL and CBC investigation found there were millions of dollars in secret commissions paid to a mysterious company in Europe. (Mar. 20, 28, April 3, Oct. 16, Nov. 13, 14, 27, 28 & Dec. 18, 1995) ***NOTE*** PENDING LIBEL SUIT

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