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Largest leasing company order placed for 38 Boeing Next-Generation 737

Boeing has today announced that CIT Aerospace have placed an order for 38 Next-Generation 737 aircraft and purchase rights for seven additional Boeing 737s.

The order, with deliveries into 2017, includes 15 737-900ER (extended range) and 23 737-800 aircraft. It is the largest order placed by a leasing company for the 737-900ER, the largest and newest member of the Boeing Next-Generation 737 family. This is also the largest order placed by CIT for Boeing airplanes.

“This order of Next-Generation Boeing aircraft reflects our efforts to maintain one of the youngest and most technologically advanced fleets in the industry,” said C. 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.”

A Boeing 737-800 in production

“CIT’s choice of the Next Generation 737 shows its confidence in the product family and especially in its newest member, the 737-900ER, which features incredible economics and operational capability,” said Marlin Dailey, vice president of Sales & Marketing, Boeing Commercial Airplanes.

“CIT is one of the leading companies in global transportation finance, and clearly recognizes the value that the Next Generation 737 will bring to its airline customers. CIT will be receiving its 737s with the innovative Boeing Sky Interior and other performance improvements that will keep its aircraft at the leading edge of passenger comfort, efficient operations and reduced fuel consumption.”

CIT owns or finances a fleet of more than 300 commercial aircraft. As of 30th September 2010, CIT had 140 Boeing aircraft in its portfolio.  With this new order, the company now has a total order book of 111 aircraft, of which 58 are Boeing.

 

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