From the BBC (
http://news.bbc.co.uk/1/hi/business/4619854.stm):
Airbus admitted that it had lost ground to Boeing in the market for larger, wide-bodied planes, where the US manufacturer sold 455 planes to its 193.
Bosses indicated that the company might review its A340 model, which only sold 15 models as of 30 November, compared with Boeing's rival, the 777, which took 154 orders.
Why is the A340 losing out by so much over the 777?