CIT Group places $2.5B plane order with Boeing

CIT Group (CIT +1.1%) has placed a $2.5B order with Boeing (BA -0.8%) for 10 additional 787-9 Dreamliners. The new purchase brings the leasing company's total 787 orders to 20, including 16 787-9s.

"These aircraft will add to our growing fleet of fuel efficient aircraft that remain in high demand from our airline customers, who also seek state-of-the-art aircraft that provide increased comfort and convenience for the traveling public," says CIT President Jeff Knittel.

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