Airbus denies Austrian allegations over Eurofighter deal

|About: Airbus SE (EADSF)|By:, SA News Editor

Airbus (OTCPK:EADSF, OTCPK:EADSY) formally rebuts accusations by Austria's government of willful deception in a $2B deal to sell Eurofighter Typhoon combat jets more than a decade ago and threatens the country’s defense minister with legal action.

The Austrian government claims Airbus overcharged it for the supply of 15 combat jets and could seek more than $1B in restitution from the company.

Airbus says the charges are politically motivated.

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