Airbus isn't expecting the low oil price to hurt its order book, the European aerospace giant's chief executive told CNBC.
Airbus Group posted 2015 profit in line with forecasts on Wednesday and announced plans to reverse part of a planned production cut of A330 aircraft due to stronger-than-expected demand.
Speaking after the results Tom Enders, Airbus Group CEO, told CNBC that he didn't view lower oil prices as a negative for efficient engine demand.
"Keep in mind the benefit for the airline industry. Now they are really profitable. IATA predicts more than 30 billion dollar profits for the industry next year.
"A healthy airline industry is a good customer for us to have," said Enders on Wednesday.
The chief executive said orders in the helicopter unit had stagnated due to lower energy prices but he didn't expect cancellations.