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What is a A340-300 worth?

05 August 2009

Airfinance Journal asked appraisers to assess the value of a 1999-vintage A340-300 powered by CFM56-5C4/P engines

In 1988 International Lease Finance Corporation became the launch customer for the A340-300, with the first aircraft delivering to Air France in February1993.The last aircraft of this type was delivered to an undisclosed customer in 2008.During its production cycle Airbus sold A340-300s to customers which included SAS,Air Mauritius and Air Tahiti Nui.

An A340-300 can carry about 295 passengers in a three-class configuration and fly about 7,300 nautical

miles. The model’s direct competitor today is the 777-200ER,which entered into service in the 1990s and can carry a total of 305 passengers. The 777-200ER has outsold the A340-300 almost two to one.

However, appraisers believe it is only a matter of time until newer widebodies, such as the 787 and the

A350XWB, start to take market share away from the A340 family.

A340 values are holding up primarily because of the delays to newer widebody models. One...


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