No Emirates deal will kill the A380


The European planemaker said on Monday net orders after cancellations rose 52 percent to 1,109 aircraft in 2017, placing it ahead of Boeing's 912 net orders.

'A new Airbus delivery record coupled with our fourth best order intake wraps up a remarkable year for us.

Airbus says it sold more than 1,100 planes last year, outselling rival Boeing thanks to a raft of end-of-year deals and a growing global economy and travel demand.

Emirates was widely expected to place an order for 50 of the world's biggest passenger airliner at the Dubai Air Show past year but this failed to come.

John Leahy, the company's sales director, said Airbus would stop production if its main customer, Dubai's Emirates airline, doesn't place another order. "You are not going to double the number of planes going to Heathrow or Frankfurt. if people want to fly, they will need to fly in bigger aircraft".

Airbus overtook Boeing in commercial jet order numbers by the end 2017, with the French aircraft manufacturer reporting positive results this week. "The market is just stronger everywhere", Leahy told reporters on a conference call.

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Both Emirates and Airbus are keen to reach a deal to protect their investment.

However, sales of the four-engined plane have been slow as airliners opt for twin-engine aircraft which are cheaper and easier to run. The company has now enjoyed 15 consecutive years of increasing production of its airliners.

Airbus did not book any orders for the A380 past year, the company said Monday.

Airbus's delivery tally meant it met a target of handing over at least 700 planes in the year, something that had appeared a major challenge amid engine issues with the upgraded A320neo, mostly at USA supplier Pratt & Whitney.

Leahy said the Dubai-based, government-owned airline is "the only one who has the ability" to commit to a minimum of six planes a year for a minimum of eight to 10 years, the production timetable Airbus needs to make the program viable.

French aircraft maker Airbus SE has increased the average list prices of its commercial aircraft by 2% across its product line, starting Jan 1.