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Why Airbus Built Both The A340 And A330 At The Same Time

The first variant of the A330 was the A330-300, which made its entry into service in January 1994. The A340 made its entry into service the year before, in March 1993. The A340’s production came to a stop in November of 2011 yet the A330 still lives on – most recently as a ‘neo’ version. So why were these two models of aircraft built at the same time and why has one outlived the other?

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