CIT

Aircraft leasing firm CIT Aerospace has finalised an order with Airbus for 15 A330-900neo and five A321ceo aircraft.

The order is valued at $5bn based on list prices, reported Reuters.

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CIT has signed an initial agreement in July at the UK’s Farnborough International Airshow, becoming the launch customer for the A330neo aircraft.

CIT Transportation & International Finance president Jeff Knittel said: "Given our long-term leadership on the A330 programme, we are proud to be one of the first customers to sign a purchase agreement for the all-new A330neo aircraft.

"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."

Airbus wide-bodied family aircraft, the A330-800neo and A330-900neo, are scheduled for first deliveries from the fourth quarter of 2017.

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Airbus COO Customers John Leahy said: "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."

Powered by Rolls-Royce Trent 7000 engines, the A330neo features advanced aerodynamic enhancements and cabin, and is claimed to offer 14% in fuel efficiency and an additional range of around 400nm.


Image: CIT Aerospace has finalised an order with Airbus for 15 A330-900neo aircraft and five A321ceo aircraft. Photo: courtesy of Fixion / Airbus SAS.

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