Five-Plane Deal Doubles Original Order
Boeing and aircraft lessor CIT Aerospace announced this week an
order for five additional Boeing 787 Dreamliners, worth
approximately $810 million at list prices. The order doubles the
number of 787 Dreamliners ordered by CIT to 10 airplanes.
In addition, CIT has taken delivery of 31 Boeing Next-Generation
737s and has unfilled orders for 10 Next-Generation 737s on order
"There continues to be high market demand for twin-aisle, more
fuel-efficient aircraft," said C. Jeffrey Knittel, president of CIT
Transportation Finance. "We are confident that the Boeing 787
Dreamliner will deliver the level of technological innovation and
comfort that our customers demand."
"Boeing is proud of its successful partnership with CIT, a
leader in aircraft leasing, to bring the benefits of the 787
Dreamliner to a widening operator base," said John Feren, vice
president of Sales, Leasing & Asset Management, Boeing
Commercial Airplanes. "CIT's decision to expand its Boeing 787
fleet reflects the continued confidence of the airplane leasing
industry in the airplane's overall value and capability."
Scheduled to enter service in 2008, the composite-bodied 787 is
designed to be more efficient than comparable current airliners,
and produce fewer emissions. Inside the airplane, passengers will
find a new interior environment with cleaner air, larger windows,
more stowage space, improved lighting and other passenger-preferred
Boeing notes the Dreamliner is the fastest-selling commercial
airplane in history - 46 customers have announced 642 orders since
its launch in April 2004. Overall, the 787 Dreamliner order book is
valued at more than $100 billion at current list prices.
As ANN has reported, Boeing
will publicly roll out the first 787 in a lavish ceremony this