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Boeing and CIT Aerospace Additional 787 Dreamliners

Boeing : 05 July, 2007  (Company News)
Boeing, CIT Aerospace Sign Order for Additional 787 Dreamliners
Boeing and CIT Aerospace, a business unit of CIT Group Inc., a leading global provider of commercial and consumer finance solutions, today announced an order for five additional Boeing 787 Dreamliners, worth approximately $810 million at list prices.

Today's order doubles the number of 787 Dreamliners ordered by CIT to 10 airplanes. In addition, CIT has taken delivery of 31 Boeing Next-Generation 737s and has unfilled orders for 10 Next-Generation 737s on order with Boeing.

'There continues to be high market demand for twin-aisle, more fuel-efficient aircraft,' said C. Jeffrey Knittel, president of CIT Transportation Finance. 'We are confident that the Boeing 787 Dreamliner will deliver the level of technological innovation and comfort that our customers demand.'

'Boeing is proud of its successful partnership with CIT, a leader in aircraft leasing, to bring the benefits of the 787 Dreamliner to a widening operator base,' said John Feren, vice president of Sales, Leasing & Asset Management, Boeing Commercial Airplanes. 'CIT's decision to expand its Boeing 787 fleet reflects the continued confidence of the airplane leasing industry in the airplane's overall value and capability.'
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