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CIT orders more Airbus

CIT Group signed a firm contract with Airbus in December 2006 for five long range A330 widebodies, as well as ten A320 Family aircraft. The repeat order by CIT underlines strong demand for the Airbus A330 and the A320 in the leasing market. To date CIT has placed firm orders for a total of 142 Airbus aircraft, including 112 A320s, 25 A330s and five A350s. Of these, 73 have been delivered so far.

This order also continues to underscore Airbus strength essentially being in these two planes. Its other offerings, especially the A340 is not getting any attention. Airbus is clearly in great need of broadening its offerings. The A350XWB can't come fast enough.

CIT orders more Airbus

CIT Group signed a firm contract with Airbus in December 2006 for five long range A330 widebodies, as well as ten A320 Family aircraft. The repeat order by CIT underlines strong demand for the Airbus A330 and the A320 in the leasing market. To date CIT has placed firm orders for a total of 142 Airbus aircraft, including 112 A320s, 25 A330s and five A350s. Of these, 73 have been delivered so far.

This order also continues to underscore Airbus strength essentially being in these two planes. Its other offerings, especially the A340 is not getting any attention. Airbus is clearly in great need of broadening its offerings. The A350XWB can't come fast enough.

America gets its Gamblers' Express

This has to be an amusing flight – imagine the in-flight conversations. Spirit announced nonstop service between Atlantic City and Las Vegas beginning May 3, 2007.

Not to be left out of the spin opportunity -

"This new direct nonstop flight is exciting news for the Atlantic City market and for the Las Vegas market, pairing these two entertainment and convention cities is a win-win for everyone and underscores the vitality of our region," said Bart R. Mueller, Executive Director of the South Jersey Transportation Authority. "Spirit Airlines is offering Atlantic City the same opportunity as the metro airports in providing flights to and from the most desired travel destinations."

"The investments we are making continue to pay off in a big way for southern New Jersey travelers who will now have a greater choice of nonstop service from Atlantic City than ever before," said SJTA Chairman Frank Spencer, noting that the airport is in the midst of a major expansion and renovation program that has dramatically expanded parking and other customer amenities. "The pairing of these two extremely popular destinations is a sure bet for our market," added Spencer.

"Considering the casino operators have exceptional facilities in both destinations, this nonstop service will benefit inbound visitors offering them Vegas with an Ocean View and provide convenient business travel between the two popular entertainment and convention cities," stated Joe Kelly, President of the Atlantic City Regional Chamber of Commerce.

Whatever. The market size is 5 PDEW without stimulation or “steal” from the PHL area. We don't think US Airways is going to worry much about this move.

America gets its Gamblers' Express

This has to be an amusing flight – imagine the in-flight conversations. Spirit announced nonstop service between Atlantic City and Las Vegas beginning May 3, 2007.

Not to be left out of the spin opportunity -

"This new direct nonstop flight is exciting news for the Atlantic City market and for the Las Vegas market, pairing these two entertainment and convention cities is a win-win for everyone and underscores the vitality of our region," said Bart R. Mueller, Executive Director of the South Jersey Transportation Authority. "Spirit Airlines is offering Atlantic City the same opportunity as the metro airports in providing flights to and from the most desired travel destinations."

"The investments we are making continue to pay off in a big way for southern New Jersey travelers who will now have a greater choice of nonstop service from Atlantic City than ever before," said SJTA Chairman Frank Spencer, noting that the airport is in the midst of a major expansion and renovation program that has dramatically expanded parking and other customer amenities. "The pairing of these two extremely popular destinations is a sure bet for our market," added Spencer.

"Considering the casino operators have exceptional facilities in both destinations, this nonstop service will benefit inbound visitors offering them Vegas with an Ocean View and provide convenient business travel between the two popular entertainment and convention cities," stated Joe Kelly, President of the Atlantic City Regional Chamber of Commerce.

Whatever. The market size is 5 PDEW without stimulation or “steal” from the PHL area. We don't think US Airways is going to worry much about this move.