CIT, Boeing Announce Order for 38 Next-Gen 737 Airplanes including 737-800s and 737-900ERs
http://boeing.mediaroom.com/index.php?s=43&item=1573
News Release Issued: January 4, 2011 8:34 AM EST
CIT, Boeing Announce Order for 38 Next-Generation 737 Airplanes Order Includes 737-800s and 737-900ERs
NEW YORK and SEATTLE, Jan. 4, 2011 /PRNewswire/ — CIT Group Inc. (NYSE: CIT), and Boeing (NYSE: BA) today announced that CIT Aerospace placed an order for 38 Next-Generation 737 airplanes and purchase rights for seven additional 737s.
The order, with deliveries into 2017, includes 15 737-900ER (extended range) and 23 737-800 airplanes. It is the largest order placed by a leasing company for the 737-900ER, the largest and newest member of the Boeing Next-Generation 737 family. This is also the largest order placed by CIT for Boeing airplanes.
“This order of Next-Generation Boeing aircraft reflects our efforts to maintain one of the youngest and most technologically advanced fleets in the industry,” said C. Jeffrey Knittel, president of Transportation Finance at CIT. “As a leading aircraft lessor, it is important that we continue to maintain a portfolio of operationally dependable and fuel-efficient aircraft for our customers.”
“CIT’s choice of the Next Generation 737 shows its confidence in the product family and especially in its newest member, the 737-900ER, which features incredible economics and operational capability,” said Marlin Dailey, vice president of Sales & Marketing, Boeing Commercial Airplanes. “CIT is one of the leading companies in global transportation finance, and clearly recognizes the value that the Next Generation 737 will bring to its airline customers. CIT will be receiving its 737s with the innovative Boeing Sky Interior and other performance improvements that will keep its airplanes at the leading edge of passenger comfort, efficient operations and reduced fuel consumption.”
CIT owns or finances a fleet of more than 300 commercial aircraft. As of Sept. 30, 2010, CIT had 140 Boeing airplanes in its portfolio. With this new order, the company now has a total order book of 111 aircraft, of which 58 are Boeing.
Contact:
David K. Reese
Boeing Commercial Airplanes Communications
+1 206-276-3146
By: Arabella-Cox - 6th January 2011 at 06:40
I suppose marketing-speak can be quite irritating at times, but I have an extensive collection of Cadillac ads from the 1960’s and believe me, the ad-copy in those is very, very cool, e.g:
… which is why, time after time, the Cadillac owner returns to The Standard of the World.
Together with a picture of a beautiful ’66 Sedan de Ville, I can think of nothing better.
Sorry to venture off aircraft-talk.
By: symon - 5th January 2011 at 21:48
Are Boeing not going to be rolling out ‘new’ 737s that have X% increased efficiency due to improvements in airframe and engine design? This may be a time where they could do with a tag like ‘Next Generation’ to differentiate from the current production models, shame they’ve already used it!
By: Red1 - 5th January 2011 at 15:05
But the B737-800 and B737-900 (-ER and non ER) are in current airline service!
Any large order for airliners can only be good news for the company involved and for its employees, but how can types currently in service represent any kind of ‘next generation’?
Marketing hype gone mad….. :rolleyes:
Hi all!
New guy here. I worked at the lazy ‘B’ from 87′ to 98′. Got smart and went out contracting, wish I’d a done it much sooner..:lol:
Anyway the 737 classic was replaced by the ‘next gen.’ Good marketing ploy, name the product in such a way as to always sound current.
I guess the largest difference I saw between the two was the way the aircraft was assembled…using matched pilots holes..eliminated a lot of small and large ‘major assembly’ tooling. Unfortunately, the cost to bring in new machinery to accomplish the matched hole method, offset somewhat the savings from eliminating tooling…
By: PMN - 5th January 2011 at 14:12
Boeing 737-100/200
Boeing 737-300/400/500 “New Generation”
Boeing 737-600/700/800/900 “Next Generation”
Boeing 737-1000 “Star Trek” 😉
Not quite!
737-100/200 = Original
737-300/400/500 = Classic
737-600/700/800/900 = Next Generation
The 737-1000 is definitely Star Trek though! Well, something sci-fi anyway. 😀
By: Bmused55 - 5th January 2011 at 13:53
797
By: Grey Area - 5th January 2011 at 13:43
with our nimrods being scrapped, the 737 will soon be the plane on the longest production run.
i am guessing there will be replies saying nimrods are modified comets dating back to the 1950s?
But there wasn’t continuous production of Comets and Nimrods. The Comet was produced between 1951 and 1964. The first Nimrod, a converted Comet 4C, flew in 1967.
The B737 series has been in continuous production since 1967 and is still in production today. A truly classic design.
Boeing 737-1000 “Star Trek” 😉
“DS9”, surely? 😀
By: ChrisGlobe - 5th January 2011 at 13:39
Boeing 737-100/200
Boeing 737-300/400/500 “New Generation”
Boeing 737-600/700/800/900 “Next Generation”
Boeing 737-1000 “Star Trek” 😉
By: PMN - 5th January 2011 at 13:18
Nimrods are modified Comets dating back to the 1950’s.
Sorry, couldn’t resist! 😀
By: cockerhoop - 5th January 2011 at 13:14
with our nimrods being scrapped, the 737 will soon be the plane on the longest production run.
i am guessing there will be replies saying nimrods are modified comets dating back to the 1950s?
By: Bmused55 - 5th January 2011 at 12:58
797
By: Grey Area - 5th January 2011 at 12:49
Like it or not, that’s what they’re called 😎
I know that’s what they’re called. Doesn’t mean that it makes sense, though.
What will they call the next lot of B737 variants now they’ve painted themselves into a corner?
The ‘Generation After Next’? :p
By: Bmused55 - 5th January 2011 at 12:39
B
Call them ‘new generation’ by all means, but not ‘next generation’.
Like it or not, that’s what they’re called 😎
By: nJayM - 5th January 2011 at 12:21
CIT back on ‘offensive’ with Boeing orders – Today’s FT
CIT back on ‘offensive’ with Boeing orders in today’s FT
The commercial lender orders 38 Boeing 737 aircraft and has options on seven more, after spending two years recovering from near collapse during the credit crisis
http://link.ft.com/r/YIQXNN/YH9BWA/94MF9/WLIK0Y/IYGVP3/B7/h?a1=2011&a2=1&a3=5
By: nJayM - 4th January 2011 at 18:32
I have posted a link to Boeing’s video on what they actually mean by 737 Sky Interior
I have posted a link to Boeing’s video on what they actually mean by 737 Sky Interior (initially it had me wondering if the actual sky was visible above as well as through the windows – it turns out it is controllable mode lighting, and some other interior features like bigger storage overhead bins)
The link to video is in my post of 4 January 2011 18:20 and is at URL http://forum.keypublishing.com/showthread.php?p=1684232#post1684232
and my post is titled 1st Boeing Sky Interior unveiled
By: nJayM - 4th January 2011 at 18:05
No word yet – identical post to Boeing’s today on CIT web site
Has CIT already announced which carrier(s) will operate the planes?
Hi tenthije
No word yet – identical post to Boeing’s media release today on CIT web site
See URL http://www.cit.com/media-room/press-releases/business-unit-news/index.htm under CIT media release 01/04/2011 – 08:30 AM link
By: Grey Area - 4th January 2011 at 17:14
But the first of them entered service in 1996, which is in the past rather than the future.
Call them ‘new generation’ by all means, but not ‘next generation’.
Surely the next generation is the generation which is yet to come?
It’s PC gone mad, I tell you…..:cool:
By: tenthije - 4th January 2011 at 16:57
Marketing hype gone mad….. :rolleyes:
The ´600 to ´900 series have been called Next Generation to distinguish them from the ´100 to ´500 series. The name was never changed when the older series where taken out of production.
Has CIT already announced which carrier(s) will operate the planes?
By: Grey Area - 4th January 2011 at 16:45
But the B737-800 and B737-900 (-ER and non ER) are in current airline service!
Any large order for airliners can only be good news for the company involved and for its employees, but how can types currently in service represent any kind of ‘next generation’?
Marketing hype gone mad….. :rolleyes:
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January 4, 2011 at 4:25 pm