Qatar Airways Leases Six New Aircraft from CIT Aerospace

Qatar Airways is to lease six new narrow-body Airbus aircraft from CIT Aerospace.

The order includes One A320 and Five A321-200s, which will be delivered in 2007 and 2008. CIT Aerospace is one of the world’s largest aerospace financing and leasing companies.

Qatar Airways Chief Executive Officer Akbar Al Baker said, “Qatar Airways is growing at a phenomenal rate and in order to meet our expansion plans, we have looked carefully at ways to boost our fleet size.

“This significant transaction with CIT Aerospace represents an important increase in Qatar Airways’ narrow-body fleet, geared to further improving connectivity and convenience for our customers over our Doha hub. We are very pleased indeed to welcome CIT Aerospace as another key partner to help facilitate our growth.”

Qatar Airways currently operates an all-Airbus fleet of 49 aircraft to 70 destinations worldwide from its operational hub of Doha, capital of the State of Qatar. The fleet size will more than double to 110 jets by 2015.

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