Paris Air Show

CIT Orders 30 Boeing 737 Max 8s

 - June 19, 2013, 2:30 PM

CIT Aerospace placed a firm order for 30 Boeing 737 Max 8s here yesterday. The order, worth some $3 billion at list prices, calls for delivery to the airline’s lessors in 2019 and 2020.

Appearing with Boeing Commercial Airplanes CEO Ray Conner, CIT Transportation Finance president Jeffrey Knittel said he hasn’t yet placed any of the airplanes, but that he harbors no concerns about placing all 30 over the next few years, well ahead of first delivery. “We don’t anticipate any issues,” said Knittel. “The interest level should be very high.”

Knittel also expressed interest in placing orders for more airplanes, including the 787-10, the launch of which Boeing just announced here at the Paris Air Show. As of March 31, CIT owned or financed a fleet of some 350 commercial aircraft, including 128 Boeings.