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The Airbus A330 program emerged from a unique double launch strategy in the late 1980s, evolving through decades of incremental improvements into the modern A330neo. In June 1987, Airbus launched the A330 twinjet and A340 quadjet simultaneously as a twin program. In 2014, Airbus announced a modernized version of its mainline twin-aisle jet to compete with the new Boeing 787 Dreamliner.