CIT Group Inc. (NYSE: CIT ), a global leader in transportation finance, has selected the V2500 engine to power five Airbus A321ceo aircraft that it ordered in March 2015 . The V2500 engine is offered through IAE International Aero Engines AG, a multinational aero engine consortium whose shareholders comprise Pratt & Whitney (NYSE: UTX ), Pratt & Whitney Aero Engines International GmbH, Japanese Aero Engines Corporation and MTU Aero Engines.
"We are excited to continue our relationship with CIT and honored they selected our acclaimed V2500 engine to power their A321ceo order," said Greg Gernhardt , president, Pratt & Whitney Commercial Engines. "The V2500 engine is backed by a philosophy of relentless, continuous improvement that ensures the V2500 engine maintains its position as the most advanced engine available for the current A320ceo aircraft family."
Source: Pratt & Whitney
Date: Jun 15, 2015