The big European legacy carriers will have to focus on replacing their widebody fleets in the next few years, and orders are in place for some, but not all, of their requirements. For example, the Lufthansa Group's long-haul fleet consists largely of aircraft such as Airbus A340-300s/-600s that are no longer economic at today's fuel prices. Airbus stopped producing the A340 because its higher fuel burn compared to the almost identically sized A330 and the Boeing 777 led to a permanent ...

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