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CIT orders 38 Boeing 737NGs

CIT Aerospace has placed an order for 38 Boeing 737NGs with purchase rights for seven additional 737s.

The order, with deliveries continuing until 2017, includes 15 737-900ERs and 23 737-800s. It is the largest order placed by any leasing company for the 737-900ER and also the largest order placed by CIT for Boeing aeroplanes.

"This order reflects our efforts to maintain one of the youngest and most technologically advanced fleets in the industry," remarked Jeffrey Knittel, president of Transportation Finance at CIT. "As a leading aircraft lessor, it is important that we continue to maintain a portfolio of operationally dependable and fuel-efficient aircraft for our customers."

CIT’s 737s will feature the new Boeing Sky Interior and other performance improvements that are being introduced by Boeing. CIT owns or finances a fleet of more than 300 commercial aircraft. At 30 September 2010, CIT had 140 Boeing airplanes in its portfolio. With this order, the company now has a total orderbook of 111 aircraft, of which 58 are Boeing.

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