FARNBOROUGH England (Reuters) - Aircraft lessor CIT (>> CIT Group Inc.) became one of the launch customers for Airbus' (>> AIRBUS GROUP) revamped A330neo model on Tuesday, signing a memorandum of understanding to buy 15 wide-body A330-900neo and five narrow-body A321ceo aircraft.
The total deal is worth $4.7 billion (2.74 billion pound) at list prices, Airbus told a news conference at the Farnborough Airshow, adding that CIT could switch between the A330-900neo and A330-800neo models under the terms of the order.
CIT said it would announce its engine selection for the A321 aircraft at a later date.
(Reporting by Victoria Bryan and Cyril Altmeyer; Editing by Mark Potter)