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

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne-Unmanned w/AUVSI

Airborne On ANN

AMA 04.27.17

Airborne
04.24.17

Airborne
04.25.17

Airborne
04.26.17

Airborne
04.27.17

Airborne
04.28.17

Airborne-Unmanned 04.25.17

Airborne-YouTube

AMA 04.27.17

Airborne
04.24.17

Airborne
04.25.17

Airborne
04.26.17

Airborne
04.27.17

Airborne
04.28.17

Airborne-Unmanned 04.25.17

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

ANN's Daily Aero-Linx (04.29.17)

Beechcraft Heritage Museum The Beechcraft Heritage Museum is a distinctly original one-of-a-kind, “living and working” aviation museum that traces the lineage of the Be>[...]

AMA Drone Report 04.27.17: Kitty Hawk Flyer, College Drones, DJI VR Goggles

Also: Airborne at XPONENTIAL, AMA On Mil-Airspace, Canadian Drones, AMA Legislative Efforts With an appearance not all that different than many of the multi-copters we’re all>[...]

Airborne-Unmanned 04.25.17: UAS Broadcast, College Drone Racing, XPO17 LIVE!

Also: Aeryon Labs, Northrop Grumman, XTAR Connectivity, Bowling Green Drones The broadcast platforms of tomorrow may well be unmanned... and 360 Designs has just introduced the Fly>[...]

Airborne 04.28.17: Perlan Mission II, DJI VR Goggles, Pilot... NOT!

Also: American Airlines, Airborne-NextGen, Biofuel, ATR 72-600, Gogo, Drone Drive, L3 Aviation Airbus Perlan Mission II, an initiative to fly a glider to the edge of space to colle>[...]

AUVSI and Aero-News Announce Live Webcast Schedules for XPONENTIAL 2017

The World's Greatest Gathering Of 'All Things Unmanned' Will Get Expert Live Coverage! The Association for Unmanned Vehicle Systems International (AUVSI) and their "Airborne-Unmann>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC