CIT Aerospace (New York), a unit of CIT Group Inc. has signed a purchase agreement with Airbus for the 50 A320neo family aircraft, which it had committed to at the 49th Le Bourget airshow on June 21, 2011.

This deal brings the total number of Airbus aircraft ordered by CIT since 1999 to 237 comprising 191 A320 Family aircraft (including the 50 A320neo aircraft), 41 A330s, five A350 XWBs of which 144 have been delivered so far.