CIT orders Pratt & Whitney PurePower PW1100G-JM engines for Airbus A320neo aircraft


NEW YORK, 27 July 2012. CIT Group Inc. (NYSE:CIT) signed a definitive agreement for 60 PurePower PW1100G engines from Pratt & Whitney, a division of United Technologies Corp. (NYSE:UTX), for its order of Airbus A320neo family aircraft. Each CIT Aerospace Pratt & Whitney-powered neo family aircraft will be powered by two PurePower PW1100G-JM engines. Deliveries are scheduled to start in 2016.

"Our customers tell us they want aircraft that help them dramatically reduce operating costs," says Jeff Knittel, president of Transportation Finance at CIT. "The fuel-efficient PurePower engines satisfy this customer demand while expanding the CIT portfolio with advanced technology."

"CIT is one of the leading leasing companies in commercial aviation and we are very proud that they chose to invest in the new PurePower engine family," said Todd Kallman, Pratt & Whitney Commercial Engines president. "With fuel now accounting for around 40 percent of an airline's operating expenses, PurePower engines can save CIT customers approximately $1 million per aircraft per year in fuel costs alone."

CIT Aerospace owns or finances a fleet of more than 325 commercial aircraft and serves approximately 115 customers in 55 countries.

Have the Intelligent Inbox Bi-weekly Newsletter Delivered to Your Inbox

Subscribe to the e-mail newsletter today at no cost and receive the latest high-tech information on:

  • Commercial, Military, and General Aviation
  • Satellite and Space Technologies
  • Cockpit Avionics and Cabin Electronics
  • Air Traffic Management/Air Traffic Control (ATM/ATC)

Featured Image

Most Popular Articles

Press Releases


Curtiss-Wright Corporation today announced that its Defense Solutions division has received a contract...

Innovative Integration Announces the FMC-Servo

Camarillo, CA June 19, 2015, Innovative Integration, a trusted supplier of signal processing and data ...


Curtiss-Wright Corporation today announced that its Defense Solutions division has further enhanced it...

Related Products

General Micro "Horizon" C299

The C299 Horizon is a third generation, 6U cPCI SBC module based on GMS’ upgradable CPU...

General Micro "Atom" XPC40X Rugged, Ultra-Small, Ultra-Low-Power Intel Atom™ CPU SBC

The XPC40X Atom is a rugged, low cost, ultra-low power, lightweight, Atom™ based comput...

General Micro's VS295 Eclipse

The VS295 Eclipse is fifth generation, VME SBC module based on GMS, upgradable CPU tech...

Related Companies

Innovative Integration

  Since 1988, Innovative Integration has grown to become one of the world's leading supplier...

General Micro Systems Inc

Since 1979, General Micro Systems has been providing the most diverse line of single-board comput...

Elma Electronic Inc

Who we are...   About Elma Electronic Systems   The Systems division of Elma Electron...

All Access Sponsors

Follow Us On...