Aerospace and defense giant Boeing Co. (BA) and Commercial lender CIT Group Inc. (CIT) announced that CIT Aerospace has placed an order for 30 737 MAX 8s.
The company said in a statement, "The 737 MAX incorporates the latest-technology CFM International LEAP-1B engines to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market. Airlines operating the 737 MAX will see a 13 percent fuel-use improvement over today's most fuel-efficient single-aisle airplanes and an 8 percent operating cost per seat advantage over tomorrow's competition."
As of March 31, 2013, CIT owned or financed a fleet of around 350 commercial aircraft, including operating lease and financing deals in place for 128 Boeing aircraft.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.