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CIT Aerospace signs firm order for 50 Airbus A320neo aircraft 2011.08.16

Toulouse, France - August 10, 2011 - CIT Aerospace, a unit of CIT Group Inc. (NYSE: CIT), a global leader in transportation finance has signed a purchase agreement with Airbus for the 50 A320neo family aircraft, which it had committed to at the 49th Le Bourget airshow on 21st June 2011. This deal brings the total number of Airbus aircraft ordered by CIT since 1999 to 237 comprising 191 A320 Family aircraft (including the 50 A320neo aircraft), 41 A330s, five A350 XWBs of which 144 have been delivered so far.

Since entering service in 1988, the A320 has established itself as the industry standard for passenger comfort and economy on short- to medium-haul sectors.
The A320neo provides high levels of efficiency through the availability of two new jet engine choices – PW1100G PurePower from Pratt & Whitney (shown here) and CFM International’s LEAP-X.
The Airbus A320neo equipped with CFM engines and Sharklets.
Courtesy of Airbus
 

Toulouse, France - August 10, 2011

CIT Aerospace, a unit of CIT Group Inc. (NYSE: CIT), a global leader in transportation finance has signed a purchase agreement with Airbus for the 50 A320neo family aircraft, which it had committed to at the 49th Le Bourget airshow on 21st June 2011.

During the 49th Paris Air Show at Le Bourget, Airbus won about US$72.2 billion worth of business for a total of 730 aircraft, setting a new all-time record for any commercial aircraft manufacturer at any air show. In addition to the A320neo Family’s success, the single-aisle A320 Family also demonstrated its popularity at the 2011 Paris Air Show – receiving 34 commitments worth US$2.8 billion.
“Le Bourget 2011 is a strong confirmation of our product strategy. With over 1,000 commitments just half a year after launch, our A320neo is a real bestseller,” said Airbus President and CEO Tom Enders (at left) during the company’s end-of-show press conference (23 June 2011).
Courtesy of Airbus
 
This deal brings the total number of Airbus aircraft ordered by CIT since 1999 to 237 comprising 191 A320 Family aircraft (including the 50 A320neo aircraft), 41 A330s, five A350 XWBs of which 144 have been delivered so far.

During the 2011 Paris Air Show, CIT Group Inc. signet a memorandum of understanding with Airbus for A320neo Family aircraft (21 June 2011).
CIT Aerospace has signed a firm order for 50 A320neo jetliners, underscoring the leasing market’s continued demand for modern, fuel efficient and reliable aircraft (10 August 2011).
Courtesy of Airbus
 
“This A320neo order with Airbus allows CIT Aerospace to continue to add young and technologically-advanced aircraft to our portfolio, enabling us to provide the modern, fuel efficient aircraft that our customers demand,” said C. Jeffrey Knittel, President of Transportation Finance at CIT.

American Airlines became a major U.S. customer for the best-selling A320 Family on 20 July 2011 with its firm contract for 260 aircraft, half of which are to be Airbus’ eco-efficient New Engine Option (neo).
American Airlines’ acquisition of 260 A320 Family jetliners – all of which are to be equipped with fuel-saving Sharklets wingtip devices – is an important component of the U.S.-based carrier’s fleet modernization strategy (20 July 2011).
Courtesy of Airbus
 
“This latest order from CIT underscores the leasing market’s continuing strong appetite for modern, fuel efficient and reliable aircraft”, said John Leahy, Airbus Chief Operating Officer, Customers.
“In the short to medium haul segment, the A320neo family with 15 percent lower fuel consumption, is not only good for business but also for the environment”.

Airbus and American Airlines have signed a firm contract for American to acquire 260 modern, fuel-efficient Airbus A320 Family aircraft.
From left to right: Tom Horton: President, American Airlines; Tom Enders: President and CEO, Airbus; Gerard Arpey: Chairman and CEO, American Airlines; Jim Albaugh: President and CEO, Boeing Commercial Airplanes (20 July 2011).
Courtesy of Airbus
 
Close to 7,700 A320 Family aircraft have already been ordered and more than 4,700 delivered to more than 330 customers and operators worldwide reaffirming its position as the world’s best-selling single-aisle aircraft family.

Lufthansa has placed a firm order for 30 A320neo Family aircraft, which includes five A321neo jetliners.
With its firm order for 30 A320neo Family aircraft – which includes 25 A320neo jetliners equipped with Pratt & Whitney PW1100G turbofan enginesGerman flag carrier Lufthansa has purchased a combined total of 443 Airbus airliners (27 July 2011).
Courtesy of Airbus
 
The A320neo has over 95 percent airframe commonality
making it an easy fit into existing fleets while offering up to 500 nautical miles (950 kilometres) more range or two tonnes more payload at a given range.

British Airways has joined a growing number of worldwide airlines that have taken 100 or more deliveries from every member of Airbus’ single-aisle A320 aircraft family.
The 100th jetliner is an A320 powered by IAE engines
, and it joins a British Airways fleet already composed of 48 A320s, 33 A319s, 16 A321s and two A318s (1 June 2011).
Courtesy of Airbus
 
The A320neo is a new engine option for the A320 Family
entering into service from 2015 and incorporates latest generation engines and large "Sharklet" wing tip devices, which together will deliver 15 percent in fuel savings.

From left to right: 28th June 2011: Li Xiaopeng, Senior Executive Vice President of ICBC and Chairman of ICBC Leasing; Tom Enders, Airbus President & CEO and Li Hai, President of China Aviation Supplies Holding Company (CAS) sign agreements for a total of 88 Airbus A320 Family aircraft at the Third Airbus/ NDRC Aviation Cooperation & Development Summit in Berlin, Germany, witnessed by the Chinese Premier Wen Jiabao and German Chancellor Angela Merkel (28 June 2011).
Courtesy of Airbus
 
This reduction in fuel burn is equivalent to 1.4 million litres of fuel – the consumption of 1,000 mid size cars
.

easyJet became the world’s youngest airline to reach a fleet of 200 Airbus aircraft with delivery of a distinctive “all-orange” single-aisle A320 on 26 May 2011.
The milestone 200th Airbus family jetliner received by easyJet – an A320 delivered on 26 May 2011 – was provided with a distinctive all-orange colour scheme.
Courtesy of Airbus
 
This saves 3,600 tonnes of C02 per aircraft per year, the amount of C02 absorbed by 240,000 mature trees
.

GE Capital Aviation Services (GECAS), the commercial aircraft leasing and financing arm of General Electric [NYSE: GE], has announced a firm order for 60 A320neo Family aircraft at the 49th Le Bourget airshow.
GECAS has selected CFM’s LEAP-X engine for all 60 A320neo aircraft (20 June 2011).
Courtesy of Airbus
 
The A320neo NOx emissions are 50% below CAEP/6 and this aircraft also has considerably a smaller noise footprint
.


Source: Airbus

http://www.airbus.com/presscentre/pressreleases/press-release-detail/detail/cit-signs-firm-order-for-50-a320neo-aircraft/  


Air Lease Corporation (ALC), the Los Angeles based aircraft leasing company has opted to expand its single-aisle and wide-body fleet portfolio with modern, eco-efficient Airbus aircraft. ALC signed a Memorandum of Understanding (MoU) at the 49th Le Bourget Airshow for 50 A320neo Family aircraft including 14 options.
The agreement was signed today by Steven F. Udvar-Hazy, ALC Chairman and John Leahy, Airbus Chief Operating Officer, Customers. ALC also announced orders for the acquisition of eleven A330 Family aircraft and one A321 (20 June 2011).
Courtesy of Airbus
 


ASTROMAN Magazine – 2011.08.15

Airbus A380 goes transpacific with Korean Air from Seoul to New York

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1037  


Officials from Airbus and Air Lease Corporation mark the Los Angeles-based lessor’s agreement for 50 A320neo Family aircraft, 11 A330 Family aircraft and one A321 during the 2011 Paris Air Show (20 June 2011).
Courtesy of Airbus
 


ASTROMAN Magazine – 2011.06.05

Airbus delivers 50th aircraft to China & 100th aircraft to British Airways & 200th aircraft to easyJet

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=987  


Announced at the 2011 Paris Air Show, AirAsia has placed a firm order for 200 A320neo aircraft – making it the largest airline customer for Airbus’ single-aisle product line worldwide (23 June 2011).
Courtesy of Airbus
 


ASTROMAN Magazine – 2011.02.19

Jean-Pierre Talamoni appointed as Director of International Development at EADS

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=895  


India's largest low-cost carrier, IndiGo, has firmed up its historic order for 180 single-aisle Airbus jetliners – which includes 150 A320neo aircraft and 30 A320s (22 June 2011).
Courtesy of Airbus
 


ASTROMAN Magazine – 2010.09.06

German Airbus A350 XWB Production commences

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=800  


IndiGo firmed up an historic order for 150 A320neo and 30 A320s at the 2011 Paris Air Show.
From left to right: Airbus Chief Operating Officer, Customers, John Leahy; Tom Enders, President and CEO of Airbus; and IndiGo’s President Aditya Ghosh (22 June 2011).
Courtesy of Airbus
 


ASTROMAN Magazine – 2010.07.04

Spirit AeroSystems and Airbus open high-tech facility in Kinston, N.C.

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=754  


Recently-merged AviancaTaca has signed a memorandum of understanding for 51 A320 Family aircraft, which includes 33 eco-efficient A320neo jetliners (22 June 2011).
Courtesy of Airbus
 


ASTROMAN Magazine – 2011.02.19

Skymark Airlines of Japan confirms order for four A380s with Airbus

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=896  


Tom Enders, President and CEO Airbus and Fabio Villegas, President and CEO of AviancaTaca celebrate the signature of a Memorandum of Understanding (MoU) for 51 A320 Family aircraft, including 33 eco-efficient A320neo (22 June 2011).
Courtesy of Airbus
 


ASTROMAN Magazine – 2010.01.23

Airbus achieves record aircraft deliveries in 2009

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=648  


SAS has signed a firm order for 30 A320neo Family aircraft, as part of its strategy to streamline its fleet with more fuel-efficient new aircraft. These new A320neos will join the airline’s existing fleet of eight A321s and four A319s, and enable SAS to transition to an all-Airbus fleet at its prime Copenhagen base (20 June 2011).
Courtesy of Airbus
 


ASTROMAN Magazine – 2011.08.14

Cathay Pacific Announce Order for 12 Boeing 777 airplanes at $3.3 billion

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=1036  


SAS’ firm order for 30 A320neo Family aircraft is marked by (from left to right) SAS Deputy President and Chief Financial Officer Göran Jansson and John Leahy, Airbus Chief Operating Officer, Customers (20 June 2011).
Courtesy of Airbus
 


ASTROMAN Magazine – 2011.06.18

Virgin America Launches LEAP Engine with $1.4 Billion Order

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=999  


ASTROMAN Magazine – 2011.05.08

Virgin America Unveils its Next Generation New SFO Home

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=966  


India’s GoAir, “The Fly Smart Airline,” has selected Airbus’ A320neo for its long-term fleet expansion plans with a firm order for 72 aircraft (23 June 2011).
“Today we have shown our commitment to the growth of our airline and to our loyal customers. The combined order for 92 Airbus aircraft (20 A320s and 72 A320neo) reinforces our longstanding partnership with the leading manufacturer and the leading aircraft the market has to offer,” said Jeh Wadia, Managing Director of Go Airlines (23 June 2011).
Courtesy of Airbus
 


ASTROMAN Magazine – 2011.06.01

BAE Systems announces agreement to sell Regional Aircraft Fleet

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=984  


Low-cost carrier Air Arabia has selected eco-efficient Sharklets wingtip devices for 28 of the 44 A320 Family aircraft ordered by the airline, with deliveries to begin in 2013 (6 April 2011).
Courtesy of Airbus
 


ASTROMAN Magazine – 2011.05.22

Eurocopter unveils the first EC145 Mercedes-Benz Style helicopter

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=976  


JetBlue Airways and Airbus announced a memorandum of understanding for the airline to purchase 40 A320neo aircraft at the 2011 Paris Air Show (21 June 2011).
Dave Barger, President and CEO of JetBlue Airways says about 40 A320neo order:
“This fleet announcement is driven by our successful network strategy, and it also supports our financial goal of sustainable growth while respecting our energy and environmental responsibilities. And our crewmembers and customers love the Airbus.”
Courtesy of Airbus
 


ASTROMAN Magazine – 2011.05.08

Virgin America Unveils its Next Generation New SFO Home

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=966  


Philippines-based carrier Cebu Pacific has finalised a firm order for 30 A321neo aircraft, which will enable the operator to increase capacity on key routes (8 August 2011).
Courtesy of Airbus
 


ASTROMAN Magazine – 2011.04.22

Lockheed Martin Names Michael Feeley Vice President and General Manager Of San Diego Site

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=952  


ASTROMAN Magazine – 2011.03.26

Boeing 747-8 Intercontinental Conducts Successful First Flight

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=929  


ASTROMAN Magazine – 2011.03.26

Raytheon Completes Upgrade Third Early Warning Radar

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=928  


ASTROMAN Magazine – 2011.01.02

Honda Achieves First Flight of FAA-Conforming HondaJet

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=869  


ASTROMAN Magazine – 2010.12.19

Lockheed Martin F-35 Program Achieves Overall 2010 Flight Test Target

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=860  


ASTROMAN Magazine – 2010.12.05

Boeing-built X-37B Orbital Test Vehicle Successfully Completes 1st Flight

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=852  


ASTROMAN Magazine – 2010.11.13

Raytheon Expands Cybersecurity Portfolio with Acquisition of Trusted Computer Solutions

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=843  


ASTROMAN Magazine – 2010.10.24

Virgin Galactic help open first spaceway

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=828  


ASTROMAN Magazine – 2010.10.11

Virgin Galactic make first crewed flight

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=821  


ASTROMAN Magazine – 2010.09.06

Boeing Projects $700 Billion Commercial Airplanes Market in North America

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=801  


ASTROMAN Magazine – 2010.07.24

Boeing Executive Panel Provides 787 Dreamliner Overview

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=765  


ASTROMAN Magazine – 2010.07.11

Solar Impulse HB-SIA completes 26-hour flight

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=756  


ASTROMAN Magazine – 2010.05.29

X-51 Waverider makes historic hypersonic flight

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=728  


ASTROMAN Magazine – 2010.04.24

Boeing-built Orbital Test Vehicle X-37B Begins 1st Flight

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=705  


ASTROMAN Magazine – 2010.03.20

Third Boeing 747-8 Freighter Joins Flight Test

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=683  


ASTROMAN Magazine – 2010.03.05

Raytheon Names William F. Kiczuk Vice President, CTO

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=673  


ASTROMAN Magazine – 2010.01.20

Japan Airlines Received Decision on Support

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=647  


ASTROMAN Magazine – 2010.01.01

Apron construction contract awarded for Spaceport America

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=633  


ASTROMAN Magazine – 2009.12.27

United Kingdom Announces Approval Of Third F-35B Joint Strike Fighter Purchase

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=627  


ASTROMAN Magazine – 2009.12.05

Lockheed Martin-Microsoft Agreement to Bring Better Training to Warfighters

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=610  


ASTROMAN Magazine – 2009.11.28

KLM Takes Strides in Sustainable Air Transport

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=606  


ASTROMAN Magazine – 2009.10.04

The Dawn of the supersonic business jet

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=585  


ASTROMAN Magazine – 2009.08.02

Virgin Galactic zaprezentował WhiteKnightTwo


http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=551  


ASTROMAN Magazine – 2009.06.01

Virgin America First Airline to Offer Fleetwide WiFi


http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=513  


ASTROMAN Magazine – 2009.05.24

Taksówka na orbitę

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=503  


ASTROMAN Magazine – 2008.01.01

Boeing and British Airways Finalize Contract for 24 787 Dreamliners

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=310  


ASTROMAN Magazine – 2007.12.30

W. James McNerney, Jr. - Chairman, President and Chief Executive Officer The Boeing Company

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=303  


ASTROMAN Magazine – 2007.09.08

Kosmiczny port lotniczy

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=269  


ASTROMAN Magazine – 2006.11.07

Boeing Names Anthony R. Jones Vice President of Training Systems and Services

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=165  


ASTROMAN Magazine – 2006.05.08

Boeing Launches New Higher Capacity, Longer Range 737

http://www.astroman.com.pl/index.php?mod=magazine&a=read&id=93  



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