A340 fleet: last Asian operator, Philippine Airlines, bows out
Philippine Airlines (PAL) has become the latest airline to phase out A340s, operating its last A340-300 scheduled flight at the end of Sep-2018 without fanfare. PAL accelerated the retirement of its last four A340-300s, a sensible decision given the recent rise in fuel prices.
There are still 156 A340s in commercial operation, according to the CAPA Fleet Database. However, there are no more aircraft of the type in Asia, where only five years ago there were 11 operators.
The size of the active A340 fleet has been cut in half over the past seven years. More retirements are likely as rising fuel prices force airlines to re-examine the economics of ageing four engine aircraft.
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