In January 2006, Airbus announced plans to develop the A340E (Enhanced). Airbus promoted that the A340E would be more fuel-efficient than earlier A340s and close the 8-9% disparity with the Boeing 777 by using Trent 1500 engines.

Airbus has predicted that it will probably produce 127 A340 units through 2016, after which production will cease.
In mid-2008, with jet fuel prices double those of the year before, the A340's fuel consumption led airlines to curtail very long flights of greater than 15 hours. Thai Airways International cancelled its 17-hour, nonstop Bangkok-New York/JFK route on 1 July 2008. All four of its A340-500 fleet are for sale. While short flights stress aircraft more than long flights, and result in more frequent fuel-thirsty take-offs and landings, ultra-long flights require an airline to fill an aircraft's fuel tanks to the maximum; this means that, en route, the plane is burning a lot of fuel just to carry fuel, a "flying tanker with a few people on board," Air France-KLM SA's chief executive Pierre-Henri Gourgeon told the Wall Street Journal.
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