Big order for airbus

CIT Aerospace, a company of the CIT Group, has signed a firm order for 35 A320 family aircraft and 15 A330s. The deal is valued at about $3.5 billion.

CIT’s latest deal takes total firm orders for the A320 family to over 2,500 aircraft from some 130 customers and operators. Its selection of the A330 takes A330/A340 sales to more than 625 from over 60 customers and operators.

Engine selections have yet to be announced.

CIT took delivery of its first Airbus aircraft last month – an A320 that it is leasing to Air 2000 – under a contract placed last year. The new order takes the total number of Airbus aircraft ordered by CIT to 80.

CIT Aerospace has more than 90 airline customers world-wide and a portfolio of more than 250 commercial aircraft from all major aircraft manufacturers. CIT Aerospace, a unit of Capital Finance, a CIT operating group, offers customised leasing and financing packages for new and used aircraft with a special focus on operating leases for commercial airlines world-wide.

Founded in 1908, The CIT Group has over $50 billion in managed assets. For more information visit www.citaerospace.com.