Thu, Apr 13, 2006
First New Planes "In A Generation"
Representatives with CIT Aerospace International, one of the
world’s largest aerospace financing and leasing companies,
have announced the delivery of three new Airbus A319 aircraft to
Indian Airlines. CIT reports the three aircraft are the first new
planes delivered to the state-owned airline in a generation.
"India has a dynamic new deregulated airline market and CIT has
been closely involved, leasing more new aircraft into this market
in the past year than any of our competitors," says Frank Pray,
Managing Director of CIT Aerospace International. "The investment
in these three new Airbus aircraft demonstrates both CIT and Indian
Airlines’ confidence in the long-term strength of the Asian
aviation market. We remain committed to the Indian aviation
marketplace and will continue to secure similar transactions to
grow our presence globally."
The three A319s delivered by CIT are also the first to carry
Indian’s new livery, the "Sun Chariot," inspired by the
famous Konark Sun Temple in eastern India -- which represents a
chariot that carries the Sun.
CIT Aerospace manages a fleet of over 300 commercial and
regional aircraft leased and financed to over 100 airlines around
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