ENXTPA:AIRAerospace & Defense
Assessing Airbus (ENXTPA:AIR) Valuation After AF447 Corporate Manslaughter Ruling And Appeal Plans
A Paris appeals court has found Airbus (ENXTPA:AIR) and Air France guilty of corporate manslaughter over the 2009 AF447 crash, assigning sole responsibility, imposing maximum fines and prompting appeal plans that keep legal risks alive.
See our latest analysis for Airbus.
The legal ruling arrives after a softer period for the stock, with the share price down 16.78% year to date, despite a 1-day share price return of 2.15% and a 1-year total shareholder return of 9.76%. The 5-year total...