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AIR SHOW: CIT Orders 50 Airbus A320neo Aircraft - Airbus

PARIS -(Dow Jones)- Aircraft leasing company CIT Group Inc. (CIT) ordered 50 A320neo airliners from Airbus, the civilian aircraft unit of European Aeronautic Defence & Space Co. EADS NV (EAD.FR), Airbus said Tuesday in a statement. The A320neo is the largest model in Airbus's recently launched and more fuel efficient A320Neo series, which incorporates new engines. CIT will announce later Tuesday which engines it will choose for those aircraft. The list price for the order is about $4.6 billion, though customers often negotiate lower prices. So far, Airbus has booked a total 544 firm orders and commitments for its newly launched A320neo family. -By Inti Landauro, Dow Jones Newswires; +33 1 4017 1740; inti.ladnauro@dowjones.com (David Pearson contributed to this article.)

Stock News for Cit Group (CIT)
DateTimeHeadline
05/20/201318:17:19CIT Group Executive Votek Joining Annaly as Chief Administrative...
04/04/201318:10:08CIT CEO Thain's Compensation Fell in 2012
02/27/201309:56:16Discover Adds Checking Accounts in Race For Deposits
01/29/201320:00:07NTSB Steps Up Boeing 787 Battery Probe
01/25/201316:16:08CIT Investors Await Word on Capital Returns, Lending Growth
01/03/201309:26:46CIT Places Firm Order for 10 Airbus A350 XWB Aircraft
01/03/201309:12:01U.S. HOT STOCK FUTURES: HOT STOCKS TO WATCH
12/31/201215:48:09Consumer, Business Borrowers to Take Hit Regardless of 'Cliff...
09/28/201216:13:59BofA's Governance Change Promises in Settlement Raise Eyebrows
09/24/201214:20:25Thain Seeking Buyer for CIT Group
08/24/201208:29:24Thai MOF Names 13 Institutions Primary Dealers in Bond Market
08/20/201212:40:26CIT Group Chips Away at More High-Cost Debt
07/31/201216:30:24CIT Group Selling $3 Billion in Two-Part Bond Deal
07/30/201208:40:15CIT Loss Widens on Interest-Income Drop, Charges
06/14/201211:47:19CIT Group Eyes Deposit Acquisition to Grow Bank Funding
05/30/201216:09:31CIT Angling To Steal Share From Big Banks
05/07/201209:37:51Barclays Rolls Out Online Bank Accounts In U.S. As It Pushes...
04/16/201209:51:49CIT Names Former Bank of America Executive To CIO Role
03/22/201216:50:06STREET MOVES: Janney Hires KBW Financial Analyst
03/08/201209:46:08CIT Purchases $200 Million Aircraft Loan Portfolio

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