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Airlines

UPDATE 1-Airbus says Emirates unaffected by Dubai crisis

* Airbus says Emirates in good health despite Dubai crisis

* Airbus sales chief says airline will keep expansion plans

(Adds details of plane orders)

PARIS, Nov 30 (Reuters) - Airbus dismissed any concerns over the impact of the Dubai crisis on top customer Emirates on Monday, saying the airline was meeting its payments and would stick by expansion plans that call for dozens of new planes.

“We have complete faith in Emirates. They are current in all their contractual commitments with Airbus and we are confident that they will remain so,” Airbus sales chief said.

“We expect (Emirates chief executive) Tim Clark and his team to continue their growth strategy and we want to be part of that bright future,” he told Reuters by email.

Clark told a British newspaper on Sunday that the airline, which has an estimated $55 billion of aircraft on order, had no plans to cancel plane purchases.

He also said it would refinance or repay all its outstanding bonds on schedule and that its finances were on solid ground.

However if market turbulence gets worse, the airline will have to “moderate” its growth, he told the Sunday Telegraph.

Emirates is a major customer of both EADS EAD.PA subsidiary Airbus and its U.S. rival Boeing BA.N.

The Arab world’s largest airline has a total of $34.8 billion worth of planes on order from Airbus based on current list prices.

That includes 53 superjumbos worth $17.4 billion out of a total order of 58 of the world’s largest airliner, making Emirates the planemaker’s biggest customer by order value. Emirates has so far taken delivery of five A380s.

Reporting by Tim Hepher, editing by Marcel Michelson paris.equities@reuters.com; +33 1 4949 5452; Reuters Messaging: tim.hepher.reuters.com@reuters.net

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