CIT and Pratt & Whitney finalize agreement for PurePower PW1100G-JM engines

CIT Group, a global leader in transportation finance, and Pratt & Whitney reported from the Farnborough International Air Show that they signed a definitive agreement for 60 PurePower PW1100G engines for CIT’s order of Airbus A320neo family aircraft. This agreement follows the memorandum of understanding previously announced at the Paris Air Show in 2011. Deliveries are scheduled to start in 2016.