This is great news, if true. I've been waiting patiently for more 777LR/A340NG orders, but didn't think I would hear anything until FIA 2000.
As far as the A340 being underpowered, there is a good (informed) discussion about this very thing going on at the Tech/Ops forum. I suggest everyone wanting to post about this read that discussion first. The main point being that the A340 IS
underpowered, but only because it was designed that way, to be more economical.
AF is strongly rumored to be ordering 777-300LRs. I can tell you that I have a pretty reliable source that says this is true. Sorry, I don't have the amount of frames. Of course, now there is a rumor (how true, I don't know) that the French gov't will only permit AF to order 773LR if they also buy A3XX. If true, it is a very sad turn of events for the aviation industry as a whole.
As your posts are based in facts, you of course know that market share is measured by deliveries, and not orders. Therefore, Airbus (deservedly) gaining 54% of the market in 1999 does not mean they have 55-60% of the current market. Contrary to optimistic comments by Mr. Leahy.
Honor the warriors, not the war.