C Series deal throws “big stone in water”: Airbus CEO

Avatar for James CarelessBy James Careless | October 20, 2017

Estimated reading time 5 minutes, 57 seconds.

Airbus’ decision to take control of Bombardier’s C Series program will shake up the passenger jet market, according to Airbus CEO Dr. Thomas Enders–and that’s how the multinational aircraft manufacturer likes to do business.

Several people stand in front of a C Series aircraft.
Officials from Airbus and Bombardier, as well as Quebec Premier Philippe Couillard, gathered at Bombardier’s facility in Mirabel, Que., on Oct. 20, 2017. Philippe Couillard/Twitter Photo

“We’re throwing a big stone into the water,” said Enders to workers at Bombardier’s C Series assembly plant in Mirabel, Que., on Oct. 20, 2017. “It’s always better to shape the industry than to react to the moves of others.”

Bombardier's chief executive officer, Alain Bellemare (front), greets Bombardier employees in Mirabel, Que. with Quebec Premier, Philippe Couillard (left), and Airbus chief executive officer, Tom Enders (right), following behind him. Bombardier Photo
Bombardier’s chief executive officer, Alain Bellemare (front), greets Bombardier employees in Mirabel, Que. on Oct. 20, 2017, along with Quebec Premier, Philippe Couillard (left), and Airbus chief executive officer, Thomas Enders (right), following behind him. Bombardier Photo

The Airbus CEO made his comments to a hangar full of pumped-up C Series workers, during an afternoon visit that also featured off-the-cuff speeches by Bombardier president and CEO Alain Bellemare; Quebec premier Philippe Couillard; U.K. secretary of state for Business, Energy and Industrial Strategy Greg Clark; and many others.

The enthusiasm of the speakers matched the obvious elation in the hangar, now that Airbus has assumed 50.01 per cent ownership of the C Series program and promised to help bring it to the world market.

On stage at Bombardier's Mirabel, Que. facility, from left to right: Bombardier chairman, Pierre Beaudoin; Airbus chief operating officer and president of commercial aircraft, Fabrice Bregier; Airbus chief executive officer, Tom Enders; U.K. secretary of state for business, energy and industrial strategy, Greg Clark; Quebec deputy premier and minister of economy, science and innovation, Dominique Anglade; Bombardier chief executive, Alain Bellemare; and Quebec premier, Philippe Couillard. Bombardier Photo
On stage at Bombardier’s Mirabel, Que., facility, from left to right: Bombardier chairman, Pierre Beaudoin; Airbus chief operating officer and president of commercial aircraft, Fabrice Bregier; Airbus chief executive officer, Thomas Enders; U.K. secretary of state for business, energy and industrial strategy, Greg Clark; Quebec deputy Premier and minister of economy, science and innovation, Dominique Anglade; Bombardier chief executive officer, Alain Bellemare; and Quebec Premier, Philippe Couillard. Bombardier Photo

Thomas Enders expanded on an assertion he made earlier that day to the Montreal Board of Trade that the Airbus/Bombardier partnership will sell thousands of CS100 and CS300 aircraft to the world. (Bombardier previously estimated the global market for C Series-sized aircraft to be around 6,000.)

“We have more than 50 per cent of the single aisle market, and I do not see any reason, dear friends, why in the future we should not be able to have at least 50 per cent of the C Series market; i.e., the 100 to 140-seater market,” declared Enders.

Airbus has now assumed 50.01 per cent ownership of the C Series program, and it has promised to help bring the program to the world market. Patrick Cardinal Photo
Airbus has now assumed 50.01 per cent ownership of the C Series program, and it has promised to help bring the program to the world market. Patrick Cardinal Photo

The Airbus CEO didn’t dwell on the 300 per cent U.S. import duty imposed on the C Series following Boeing’s allegations of unfair subsidization. Keeping the tone upbeat, the most Enders would say is that, “I have no doubt, once we get through the approval process this will be a great partnership, and we will sell and deliver many, many aircraft.”

It was left to the U.K.’s Greg Clark to talk tough about the U.S. import levy. (Bombardier’s plant in Belfast, Northern Ireland, makes wings for the C Series.)

“My government has been working very closely with the government of Canada, and will continue to do so, to reject the false charges and suits that have been brought against this very successful aircraft,” he said. “We will keep up the energy on that.”

Bombardier's chief executive officer, Alain Bellemare, addresses hundreds of Bombardier employees about the C Series deal. Bombardier Photo
Bombardier’s chief executive officer, Alain Bellemare, addresses hundreds of Bombardier employees about the C Series deal. Bombardier Photo

Clark’s tone didn’t bring down the room’s mood one iota. In fact, such was the fervour on display that one might have thought the Montreal Canadiens had just won the Stanley Cup!

Summing up the feeling, Enders added: “I think the future is very bright. This is a great partnership.”

Notice a spelling mistake or typo?

Click on the button below to send an email to our team and we will get to it as soon as possible.

Report an error or typo

Have a story idea you would like to suggest?

Click on the button below to send an email to our team and we will get to it as soon as possible.

Suggest a story

Leave a comment

Your email address will not be published. Required fields are marked *