CIT firms up order for 15 A330neo and five A321ceo aircraft

CIT firms up order for 15 A330neo and five A321ceo aircraft

CIT Group Inc. (NYSE: CIT), a global leader in transportation finance has firmed up its order for 15 A330-900neo aircraft and five A321ceo aircraft. CIT became one of the launch customers of the A330neo after signing its initial agreement in July 2014, at the Farnborough International Airshow.

“Given our long-term leadership on the A330 program, we are proud to be one of the first customers to sign a purchase agreement for the all-new A330neo aircraft,” said Jeff Knittel, President of CIT Transportation & International Finance.  “These agreements will enable us to provide fuel efficient solutions to our customers as CIT continues to be a leader in providing early access to the most sought after aircraft for our customers.”

“When a leading lessor, CIT, adds the A330neo to its already extensive Airbus widebody portfolio of A330ceo’s and A350-900s, we take that as clear confirmation of our widebody family strategy fully meeting the requirements and expectations of the market,” said John Leahy, Airbus Chief Operating Officer, Customers. “CIT’s repeat order for A321ceo’s, is further evidence of the continuing high value placed by the market on this largest member of our popular A320 Family, which offers the best seat-mile costs of any single-aisle aircraft and the lowest fuel burn, emissions and noise footprint in its class.”

Airbus press release