The July 11 deal includes a previously undisclosed order for five A330s and a new agreement for five additional A330s, representing the first commitment...

Leasing company CIT Group Inc. has placed a firm order for 10 more Airbus A330-family widebody twinjets.

This deal includes a previously undisclosed order for five A330s and a new agreement for five additional A330s, representing the first commitment for the newly launched, longer-range A330 which Airbus announced on July 9 at the show.


The order was announced on July 11 at the Farnborough International Air Show 2012 by C. Jeffrey Knittel, president of Transportation Finance at CIT and Fabrice Brégier, Airbus president and chief executive officer.

On July 11, 2012, at the Farnborough International Airshow 2012, CIT Group Inc. announced a new firm order for 10 more A330 -family aircraft, increasing the leasing company's total orderbook for the widebody type to 51 aircraft. This computer graphic image shows a Rolls-Royce Trent 700-powered A330-300 in CIT Group house colors

Its latest purchase brings the total number of A330s on order from CIT Group to 51.

“This order further expands our aircraft portfolio with one of the most popular widebody aircraft on the market today,” says Knittel. “CIT Aerospace is one of the largest lessors of A330s in the world and maintains one of the youngest, most fuel-efficient fleets in the industry. This order will help us meet our customers’ need for reliable aircraft and will provide them with the operating economics that they demand.”

“When a leading leasing company like CIT places a repeat order for our aircraft, we take that as a strong sign of customer satisfaction,” says Brégier. “The A330 is already the market’s favorite long-range aircraft, but we don’t stop there; we are continuously improving the A330 to widen its market coverage.”

Adds Brégier: “We are offering from today a new 240-tonne weight variant which can fly up to 400 nautical miles further and carry nearly five tonnes more payload than today’s model.”

This higher-gross-weight variant, available first for the Airbus A330-300, then the longer-range, shorter A330-200 and then the A330-200 Freighter, was the version the manufacturer first announced on July 9.

The Airbus A330 family, which spans 250 to 300 seats, and includes Freighter, VIP, and Military Transport/Tanker variants, has now attracted orders for some 1,200 aircraft and around 900 A330-family aircraft are flying with some 90 operators worldwide.