Home – Airbus Investors Recovery Stichting

Withdrawal appeal proceedings

AIRS has carefully considered its options following the decision of the District Court The Hague dated 20 September 2024. The District Court The Hague decided that AIRS is not admissible to bring a collective claim against Airbus SE as it was held to be insufficiently representative. AIRS lodged an appeal against the decision to assess potential next steps in the best interest of its constituents. AIRS now has decided that it will not proceed with the appeal proceedings.

The decision is among others informed by the circumstance that another foundation (Stichting Investor Loss Compensation) has been held sufficiently representative by the District Court The Hague regarding similar claims against Airbus SE. Stichting Investor Loss Compensation was nevertheless held inadmissible due to concerns regarding its corporate governance. AIRS understands that Stichting Investor Loss Compensation has appealed the decision and addressed the relevant corporate governance concerns. For further information registrants are referred to the website of Stichting Investor Loss Compensation: https://www.airbusclaim.com/. In case Stichting Investor Loss Compensation will be held admissible to proceed with its collective claim against Airbus SE as an Exclusive Representative, you will have the opportunity to opt-in at that moment in time.

Based on the preceding AIRS will no longer seek to obtain compensation on behalf of investors.

If you have a query regarding this message, please feel to reach out to: investors@airbusinvestorsrecoverystichting.com.

Claim against Airbus

For many years, Airbus facilitated large-scale bribery and corruption in its aviation business. Airbus did not adequately inform the investing public about its wrongful conduct. Investigations by various authorities subsequently resulted in Airbus having to pay a fine of approximately € 3.6 billion (US$ 4 billion).

When this information became publicly known, the price of Airbus shares fell sharply, causing huge loss to investors. They are entitled to be compensated by Airbus.

Investors who bought and held shares in Airbus during the period 1 January 2008 to 31 July 2020 may have suffered a loss as a result of these disclosure failures and are potentially eligible to join the claim.

Who can join?

The class action is open to all institutional investors and retail investors in Airbus who purchased and held its ordinary shares through the Paris, Frankfurt or Spanish stock exchanges during the period 1 January 2008 to 31 July 2020. To learn more about the conditions for participation and to determine if you were among those harmed click here.

If you are a member of that group, you are invited by AIRS to join the action it has initiated on your behalf to recover the losses you have suffered due to the unlawful actions of Airbus.

How do I join?

Click on the button below to register your interest in and support for AIRS’s action and receive more information about the class action. You will receive details of the claim and how to participate.

Join the action

Ticker	AIR
ISIN	NL0000235190
WKN	938914
Relevant Period	1 January 2008 to 31 July 2020

No cure, no pay

Investors who have suffered loss can join the class action at no cost. AIRS has obtained funding from Woodsford Group Ltd, a specialist in environmental, social and corporate governance (‘ESG’) related engagement and a leading litigation funder.

Woodsford has helped many thousands of institutional and retail investors and other stakeholders engage with major corporations in relation to serious breakdowns in ESG standards. It holds these companies to account and helps those affected by ESG breakdowns to secure compensation.

In exchange for financing AIRS’s action, Woodsford will be entitled to a fee if the litigation results in a successful financial outcome for investors. For more information on Woodsford, click here.

Airbus Investors Recovery Stichting (“AIRS”) is a Netherlands-based non-profit class action foundation. AIRS has initiated legal action to safeguard the interests of retail and institutional investors in Airbus who have been harmed by its actions.