Manufacturing Industry

CIT Group signs contracts for 32 new Airbus aircraft

Airline Industry Information, June 21, 2007

AIRLINE INDUSTRY INFORMATION-(C)1997-2007 M2 COMMUNICATIONS LTD

CIT Group Inc (NYSE: CIT) has signed contracts for 32 new Airbus aircraft.

The company said the contract is worth USD3.3bn at list prices and expands its order book to 169 Airbus aircraft. The orders, made on behalf of CIT Aerospace, a unit of CIT, include 25 Airbus A320 Family Aircraft with options and seven A350XWBs. Five of the A350XWBs replace A350 aircraft previously ordered by CIT Aerospace.

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