Airbus has been fined £6.4m in the UK after the European aerospace company admitted to breaches of rules designed to stop sensitive goods such as military hardware falling into the wrong hands. HMRC said the offences related to Airbus’s failure to keep records of the export or transfer of controlled technology over a sustained period. A failure of licence conditions on a standard individual export licence (Siel). The fine was issued to Airbus Operations Limited (AOL), a UK division of Airbus, whose manufacturing headquarters are in Toulouse, France. The failure to do so is an offence in itself as Airbus have been reminded to its cost.”