LONDON, Feb 24 (Reuters) - Airline jetliner cancellationsare below historical levels, data issued by Europe's Airbus showed on Wednesday.
The rate of annual cancellations fell to 0.9 percent of theorder backlog in 2015, from 3.8 percent in 2014 and 1.5 percent in 2013, Airbus Group Finance Director Harald Wilhelm said inslides released during an investor meeting in London.
Airbus Group Chief Executive Tom Enders told investors thegroup did not recognise warnings of a downturn in commercialaerospace cycle, which have rattled sector stocks lately.
He said Airbus Group reiterated interest in buying outpartners in European missiles maker MBDA, which Airbus Groupcontrols together with BAE Systems and Finmeccanica. (Reporting by Tim Hepher, Cyril Altmeyer; Editing by AlexanderSmith)