NEW YORK – October 31, 2013 – CIT Aerospace, a global leader in aircraft finance, today announced that it signed 54 lease agreements and delivered 14 aircraft in the third quarter of 2013. The deliveries include new and used aircraft, as well as lease extensions of its existing fleet. The lease agreements include current and future leases of commercial aircraft. In addition, the Company added eight new customers to its client base, bringing 2013 totals to 113 signed lease agreements and 42 aircraft delivered.
CIT Aerospace owns and finances a fleet of approximately 330 commercial aircraft leased and financed to approximately 100 customers in 50 countries.
About CIT Aerospace
As one of the world's leading aircraft leasing organizations, CIT Aerospace provides leasing and financing packages – including operating leases and structuring and advisory services – for commercial airlines worldwide. CIT Aerospace owns and finances a fleet of approximately 330 commercial aircraft leased and financed to approximately 100 customers in 50 countries. cit.com/aerospace
Founded in 1908, CIT (NYSE: CIT) is a financial holding company with more than $35 billion in financing and leasing assets. It provides financing, leasing and advisory services to its clients and their customers across more than 30 industries. CIT maintains leadership positions in middle market lending, factoring, retail finance, aerospace, equipmentand rail leasing, and vendor finance. CIT operates CIT Bank (Member FDIC), its primary bank subsidiary, which, through its Internet bank BankOnCIT.com, offers a suite of savings options designed to help customers achieve a range of financial goals. cit.com
Vice President, Media Relations