Airbus said in a statement it has been ordered to pay the fine "for a complaint of breach of contract concerning the sale of missiles".
Airbus has been fined €104 million (US$128 million) during arbitration in a case between Matra Défense S.A.S. and Taiwan announced Saturday, reported CNA.
Arsene Wenger speaks out after Arsenal defeat at Bournemouth
We worked hard today, but we made mistakes and I wouldn't say the team hasn't worked or not played with a good spirit. Mesut Ozil was also missing because of injury and Arsenal's lineup looked a shadow of the past teams under Wenger.
Matra Defence S.A.S., which joined the Airbus group in 1998, said for its part it was "studying the fine and evaluating next steps", the statement said.
The arbitration fine comes three months after Dassault Aviation, radar supplier Thales and engine maker Safran said they had been fined a combined €227 million in Taiwan to settle the 25-year-old dispute over the wrongful use of commissions in the sale of 60 Mirage fighters to the island.
American Equity Investment Life (AEL) Getting Somewhat Positive Press Coverage, Report Shows
Parametric Portfolio Associates Limited has invested 0.03% in American Equity Investment Life Holding Company (NYSE:AEL). It dived, as 21 investors sold American Equity Investment Life Holding Company shares while 65 reduced holdings.
Meanwhile, French newspaper Quest France revealed that Airbus would have to pay 104 million euros in compensation to Taiwan following worldwide arbitration on the commercial dispute.
When asked about the case by CNA, MND spokesman Chen Chung-ji (陳中吉) said the ministry has no comment on the matter and will not give further information about the case.
Neve faz centenas de pessoas ficarem presas em trem — Japão
Mas, devido ao acúmulo de neve na pista, ficou parada por 15 horas na cidade de Sanjo, durante toda a noite. O Japão também registrou outros distúrbios relacionados à neve, como trânsito intenso e pistas fechadas.
In a separate case, the European group said it was in discussions with prosecutors in Munich that could close a German probe into alleged corruption related to the sale of Eurofighter jets to Austria.