What does the cryptic crossword clue "Fantastic plane, the jumbo! (8)" mean?

This cryptic clue uses wordplay to arrive at the answer. Visit the page for progressive hints — definition, wordplay type, and a full step-by-step explanation.

Fantastic plane, the jumbo! (8)

Telegraph #29866 | 26 Across | 2021-12-23 flower

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Telegraph Prize Cryptic #3227 (2023-08-27)