FARNBOROUGH AIRSHOW - CIT Group Inc. (NYSE: CIT), a global leader in transportation finance, and
Pratt & Whitney, a division of United Technologies Corp. (NYSE:
UTX), today announced from the Farnborough International Air Show that
they signed a definitive agreement for 60 PurePower PW1100G engines for
CIT’s order of Airbus A320neo family aircraft. This agreement follows
the memorandum of understanding previously announced at the Paris Air
Show in 2011. Deliveries are scheduled to start in 2016.
Each CIT Aerospace Pratt & Whitney-powered neo family aircraft will
be powered by two PurePower PW1100G-JM engines with benefits including
double-digit reductions in fuel burn, environmental emissions, engine
noise and operating costs when compared with today’s engines.
Click here to read the Pratt & Whitney press release.
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