Airbus Long-Range A321 Stirs CIT Interest as Replacement for 757
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Airbus Group NV is getting support from CIT Group Inc., a crucial leasing customer, as the planemaker pushes a new aircraft as a replacement for Boeing Co.’s discontinued 757.
CIT’s Transportation Financing unit is a likely buyer of Airbus’s proposed long-range A321neo, President Jeff Knittel said yesterday. With extra fuel tanks, the single-aisle jet would be able to operate the trans-Atlantic routes for which many airlines now use a 757.