CIT Group Inc. (NYSE CIT), global leader in transportation finance has firmly ordered 10 more A330 Family aircraft. This deal includes five A330s ordered previously and a new agreement for five additional A330s with the first commitment for the newly launched, longer-range A330. The deal was announced at the 2012 Farnborough International Air Show by C. Jeffrey Knittel, President of Transportation Finance at CIT and Fabrice Brégier, Airbus President and Chief Executive Officer.
This brings the total number of A330s on order from CIT to 51.
"This order further expands our aircraft portfolio with one of the most popular widebody aircraft on the market today," said C. Jeffrey Knittel, President of CIT Transportation Finance. "CIT Aerospace is one of the largest lessors of A330s in the world and maintains one of the youngest, most fuel efficient fleets in the industry. This order will help us meet our customers' need for reliable aircraft and will provide them with the operating economics that they demand."
See the full article at Airbus