China has followed through on its open opposition to the recently implemented emission trading scheme by the European Union, with Airbus reporting on Thursday that Beijing has advised against the sale of Euro-made commercial planes to Chinese airlines.

The Associated Press (AP) reported on Thursday that China has ignored applications for Chinese airlines to purchase 35 new A330s.

The transactions will be in limbo without the permits required for the Chinese airlines to secure from the government, which to date remain unprocessed, an Airbus representative said.

Including another 10 A380 supierjumbos that were shelved temporarily amidst the brewing trade row between the EU and China, Airbus spokesman Stefan Schaffrath told AP that the giant plane manufacturer is in danger of losing contracts worth at least $US12 billion.

"The economic impact is real," Mr Schaffrath said.

Airbus officials added that apart from China, the company projects retaliatory measures coming from 26 countries, which also include the United States, Russia, India and other that have expressed their opposition on EU's ETS.

The program took effect January 2012, which EU officials said is aimed to check on the accelerating pace of global climate change.

EU also admitted that the regional ETS is unilateral in nature but argued it became the case because other governments failed to reach a common agreement that would effectively cut down the global level of carbon emissions.

Carbon dioxide pollution directly attributed to commercial aviation surged alarmingly over the past two decades, EU said, and imposing taxes on companies responsible for such emissions, the regional body added, should effectively start the reduction numbers targeted by European governments.

However, dissenting nations, led by the U.S. and China, disapproved of the ETS implementation and reminded the EU that its regulatory powers cannot be extended beyond its borders and airspaces.

Under the ETS, carriers passing through Europe will need to apply for environmental certificates that will determine their tax obligations for every flight flown in and out of the continent.

EU officials noted that the ETS provides reasonable credits that protesting nations should consider first.

In a statement, EU spokesman Isaac Valero Ladron said that the body will not comment for now on matters that involve trade disputes.

Mr Ladron, however, reiterated that "it's in everybody's interest to reduce greenhouse gases, which affects climate change, and airplanes affect that, as well."

Airbus issued its comments on the same day that the European Aeronautic Defence and Space Company NV (EADS), its parent company, released its financial results for 2011, highlighting the 87 per cent hike on its net profit for the year, en route to 1.03 billion euro of net income.

EADS chief executive Louis Gallois has acknowledged that the trade row emerging from Europe's ETS could impact negatively on aviation and other business operations in the region.

The EADS official added that the rest of the world will eventually feel the pinch.

Airbus also admitted that plans to increase the company's production numbers could be hampered by the ongoing business conflict as Mr Schaffrath stressed that "our sector is committed to green aircraft."

"We truly believe that the global issue of emissions does not know boundaries, and we need a global solution," mr Schaffrath said, adding that EU's singular initiative would only lead to trade imbalances.