The trouble with such thinking is that it assumes EADS and its subsidiary Airbus are good corporate citizens. As this Economist article "Airbus's Secret Past" and this Center for Security Policy report on EADS show, this is far from the truth. The scale and depth of the historic corruption at EADS and Airbus is truly staggering.
Here is a list of some recent and past notorious EADS, its subsidiaries and predecessors, corruption and bribe scandals:
- EADS senior management and worker insider trading (Current investigation)
- EADS lobbyist pays Austrian Air Force General's wife (Current investigation)
- The Clearstream Scandal: Nothing in American History is Comparable (2006)
- EADS implicated then mysteriously cleared of bribery in Singapore (2005)
- Convictions on EADS bribes in South Africa South (2003)
- Airbus Middlemen convicted of bribing SyarianAir Officials (2001)
- Sebena Airlines goes bankrupt over suspicious Airbus purchases (2001)
- Canada uncovers slush fund of Airbus consultant (2000)
- Air India Airbus purchases (1986-2000)
- NSA twarts Airbus bribes to Saudi officals (1994)
- Kuwait Airways purchase of Airbus aircraft over Boeing (1991)
The really troubling thing about the above list is that the examples are only the corrupt EADS/Airbus practices that have been uncovered. (Note: Please e-mail us if you know of other EADS/Airbus malfeasance)
The fact the governments of Spain, Russia, France, Dubai and Germany own EADS means that it is in their best interest that EADS corruption is not brought to light. Cover-ups and refusals to investigate these corrupt practices is often the norm.
In the US we prosecute such corruption. For its part in the Darleen Druyun fiasco Boeing paid a $615 million fine, its CEO was forced to resigned and the individuals who committed the crimes went to jail. EADS has never been held to such standards.