CIT Places Order For A320s, A330s | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 05.23.16

Airborne 05.24.16

Airborne 05.25.16

Airborne 05.26.16

Airborne 05.27.16

Airborne Hi-Def On YouTube

Airborne 05.23.16

Airborne 05.24.16

Airborne 05.25.16

Airborne 05.26.16

Airborne 05.27.16

AEA2016 LIVE Aero-TV: 04/27-0830ET, 04/28-1400ET, 04/29-1100ET

Sun 'n Fun 2016 Innovation Preview on Vimeo!

Sun 'n Fun 2016 Innovation Preview on YouTube!

Wed, Mar 12, 2008

CIT Places Order For A320s, A330s

Deliveries Scheduled to Begin in 2011

Aircraft lease and financing company CIT Group Inc. announced this week CIT Aerospace, a unit of CIT, has signed contracts with Airbus for 20 new aircraft (15 A320 family aircraft and five A330 aircraft) worth approximately $1.9 billion at list prices.

The aircraft are scheduled to be delivered beginning in 2011 and continue through 2014.

"As a global leader in the aircraft leasing market, CIT is proud to expand our fleet with these 20 new Airbus aircraft," said C. Jeffrey Knittel, President of Transportation Finance at CIT. "We continue to see a growing demand from our customer base for more efficient aircraft similar to the Airbus A320 Family and A330s. As a result of this demand we decided to take advantage of the opportunity to further enhance and diversify our fleet."

John Leahy, Airbus Chief Operating Officer, Customers, said, "We are pleased to see a leading leasing company and valued Airbus customer placing repeat orders both for our current long-range aircraft and for the A320 Family. This is a further proof of the confidence of the financial sector in Airbus products."

CIT owns or manages a fleet of more than 300 commercial aircraft and including the purchase announced today has ordered a total of 189 aircraft with Airbus (152 A320 Family aircraft, 30 A330s and seven A350 XWBs) of which 93 aircraft are already delivered.

FMI: www.cit.com, www.airbus.com

Advertisement

More News

Airborne 05.25.16: Canada SeaPlane Regs, Blimp Downed, Citation Longitude Mated

Also: USAF Hassled, Hummel UltraCruiser, Helo Limits, FAA Video, Greg Connell Accident, Medical Helo Suit, Bombardier's 100th VistaJet Canada is proposing changes to their seaplane>[...]

Icon Steps Back, Admits Curtailed Production Plan

Finally Talking (And Still Hyping), Icon Production Plans Take A Big Hit The following is the text of a release from Icon Aircraft (bluster and all)... ANN Analysis and industry re>[...]

Solar Impulse 2 Is En Route To Lehigh Valley, PA

Atlantic Crossing Next Major Hurdle Solar Impulse 2 (Si2) departed Dayton (OH) International Airport with Bertrand Piccard at the controls, this morning at 0402 local time (UTC-4).>[...]

Icon Controversy Continues, But Icon Has Yet To Speak Up

The Company That Won't Answer Questions, May Finally Have To Do So ANN has been bombarded with info and reports concerning the health and well-being of the Icon Aircraft program...>[...]

ANN's Daily Aero-Linx (05.26.16)

Safety Management System (SMS) This FAA website was created as a public resource for those seeking to learn more about SMS within the aviation industry and the FAA.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2016 Web Development & Design by Pauli Systems, LC