CIT Aerospace orders 737-700s

Boeing and CIT Aerospace yesterday announced an order for five Boeing Next-Generation 737-700s valued at approximately $295m at list prices.

To date, CIT has taken delivery of 31 Next-Generation 737s and has a backlog of five 787 Dreamliners and 10 Next-Generation 737s on order with Boeing.

As of March 31, 104 customers placed orders for 3,734 Next-Generation 737s. Unfilled orders for the model exceed 1,500 airplanes, worth over $100bn at current list prices.

CIT Aerospace manages a fleet of more than 300 commercial, regional and business aircraft leased and financed to over 100 airlines around the world.