Airbus wants to make C Series profitable by lowering supplier prices
TOULOUSE, France — Airbus intends to pressure suppliers for Bombardier’s C Series jets to lower their prices in an effort to make its new partnership with the Quebec aircraft manufacturer profitable.
Airbus executive Klaus Richter made the comment Tuesday alongside Quebec Premier Philippe Couillard, who spent the second day of his French tour at the facilities of the European aerospace giant in Toulouse.
Richter, the company’s chief procurement officer, said Airbus took a gamble by taking over the C Series, which is currently not profitable.
He said Airbus will try to sell the planes first and then rework the costs with suppliers, because currently there is a gap between production cost and sale price.