The group will set off on a European trek, dubbed Aero-Vederci Baby!, in May (17), leading many fans to believe it will be the veteran rockers' finale as a band.

Frontman Steven Tyler, 68, appeared to confirm plans to make it the group's farewell tour in an interview with U.S. shock jock Howard Stern, but Aerosmith's guitarist Joe Perry, 66, insists they have decided against calling it a day.

"We talked about it, and I think someone had a microphone on," Joe told the California's Orange County Register newspaper. "It's hard to keep a secret these days.

"I think the enormity of what it really means to do a farewell tour means that there has to be a last gig, and I can't picture a last Aerosmith gig. I think that dawned on everyone when it got really close to talking about a farewell tour, so we just kind of shelved it."

Perry, who accepted the Les Paul Award from the National Association of Music Merchants (NAMM) on Sunday (22Jan17), confirmed the group were planning an additional U.S. tour, which he admitted may be their last, despite their desire to continue playing live.

"We are near the end, so who knows," he said. "We may get to the end of this run in the States and say, 'Let's hang it up.' I just don't know. Right now we're booked solid in Europe and we're planning on touring the States through next spring, so we'll see what happens."

In his interview on Stern's SiriusXM radio show last year, Tyler had said, "We're doing a farewell tour, but only because it's time. We've never done that."

Perry suffered a health scare last year when on stage with his supergroup the Hollywood Vampires. He collapsed while performing alongside bandmates Johnny Depp and Alice Cooper at a concert in New York City.