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CIT Leasing Orders 10 Airbus A330s

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CIT Leasing has placed a firm order for 10 Airbus A330 jets, worth around USD$2.3 billion at list prices, the two firms said at the Farnborough Airshow on Wednesday.

The order comprises a previously unannounced order for five planes agreed earlier this year and a new air show order of five, Jeff Knittel, head of CIT's transportation financing unit, said.

The deal includes the first commitment to the new longer-range version of the A330 announced by Airbus on Monday, the European plane maker said.

The deal means CIT now has 51 A330s on order.

(Reuters)