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Airbus CEO says expects to sell "thousands" of CSeries jets

Published 2017-10-20, 09:11 a/m
© Reuters. Airbus CEO says expects to sell "thousands" of CSeries jets
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MONTREAL, Oct 20 (Reuters) - Airbus AIR.PA Chief Executive Tom Enders said on Friday he believes aerospace analysts are underestimating demand for Bombardier Inc 's BBDb.TO CSeries planes and said the company would sell "thousands" of the 110-to-130 seat jets.

Airbus, which is taking a majority stake in the CSeries program, knows "how to sell single-aisle aircraft," Enders told a breakfast hosted by Montreal's chamber of commerce.

"I think we will sell many more of these planes," he said. "I think we will sell thousands."

Airbus on Monday agreed to take a majority stake in the CSeries program, securing the plane's future and giving the Canadian firm a possible way out of a damaging trade dispute with Boeing (NYSE:BA) BA.N and U.S. regulators.

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