CIT orders five additional A321ceo

Courtesy Airbus

Courtesy Airbus

CIT Group Inc. (NYSE: CIT), a global leader in transportation finance has placed a firm order for five more A321ceo aircraft, in effect doubling its most recent commitment for five A321ceo’s signed at the 2014 Farnborough International Airshow and firmed up in November 2014.

This latest agreement brings CIT’s total order for the A320 Family to 205 aircraft, comprising 155 CEO and 50 NEO aircraft.

“We continue to see strong demand for the A320 Family CEO and NEO models from operators looking to grow their business,” said Jeff Knittel, President of CIT Transportation & International Finance. “The larger A321 in particular is becoming an increasing sought after model, as steady passenger growth encourages airlines to deploy larger fuel-efficient aircraft.”

Source Airbus / Edited By Airline Adviser 04/03/15