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Aero India 2023

Embraer to sell up to 30 jets to CIT

Embraer 190. A file photo.

SAO PAULO (AFP): Brazil's top planemaker Embraer recently said it signed a deal with CIT Aerospace, the aircraft leasing unit of the US CIT Group, to sell up to 30 of its E-190 and/or 195 jets, with 10 firm orders.

Deliveries are scheduled through 2015, it added in a statement.

The E190 and the E195 can seat from 98 to 122 passengers and can fly up to 2,400 nautical miles (4,450 kilometers) nonstop.

"After more than 1,000 firm orders, spread over 60 operators in 40 countries, this investment by CIT is further confirmation that the E-Jets have achieved a high level of attractiveness for the top-tier investor community," said Paulo Cesar de Souza e Silva, president of Embraer's commercial aviation division.

CIT is a bank holding company with more than USD 34 billion in finance and leasing assets.


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