Rolls-Royce Trent 700 to power additional A330s for CIT Aerospace

Rolls-Royce has received US$75 million worth of Trent 700 engine business for three Airbus A330-200 aircraft ordered by CIT Aerospace, a unit of CIT Group Inc.

C. Jeffrey Knittel, President, Aerospace, CIT Aerospace, and Charles Cuddington, Managing Director - Airlines, Rolls-Royce, signed the contract during a ceremony at the Farnborough Air Show.

With today's announcement, the US-based aircraft leasing company has now selected the Trent 700 to power 80 per cent of its A330 fleet. The company's current Rolls-Royce-powered fleet includes three A330s, with a fourth to be delivered in 2002; one Boeing 777, and nine Boeing 757s.

Charles Cuddington said: "CIT Aerospace is a valued customer whose repeat business is a strong reflection of the Trent 700's continued success in the A330 market."

Firm orders for Trent 700-powered aircraft total 134, representing a 37 per cent share of the A330 market. The Trent 700 engine is in service with 23 customers.

CIT Aerospace has more than 90 airline customers world-wide and a portfolio of more than 250 commercial aircraft from all major aircraft manufacturers. CIT Aerospace offers customised leasing and financing packages for new and used aircraft with a special focus on operating leases for commercial airlines.

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