This transaction is representative of our ability to complete cross-border transactions that meet the needs of our Asian business aircraft clients
NEW YORK and GENEVA – CIT Aerospace, a global leader in aircraft finance, today announced from the 14th Annual European Business Aviation Conference and Exhibition (EBACE) that it provided financing to a Macau, China-based entertainment company to acquire a 2003 Boeing Business Jet.
“This transaction is representative of our ability to complete cross-border transactions that meet the needs of our Asian business aircraft clients,” said Mike Kahmann, Managing Director and Group Head, CIT Business Aircraft Finance.
Jolie Chung Howard, Vice President of Sales, added, “This deal is another example of our efforts to assist entrepreneurs, engaged in a wide variety of industries throughout Asia, in financing their business aircraft acquisitions. We remain committed to supporting business jet owners and operators throughout the region as they seek financing for super midsize to super long-range large cabin size aircraft.”
CIT Business Aircraft Finance has served the corporate aircraft sector for more than 25 years and is considered among the world’s premier financial services organizations with extensive international aircraft financing expertise.
CIT is pleased to welcome visitors at its booth #6143 during the Exhibition.
About CIT Aerospace
CIT Aerospace provides customized leasing and secured financing to operators of commercial and business aircraft. Its financing services include operating leases, single investor leases, leveraged financing, sale and leaseback arrangements, as well as loans secured by equipment. cit.com/aerospace
About CIT Business Aircraft Finance
CIT Business Aircraft Finance provides financing solutions to business jet operators and owners. Serving clients around the globe, it provides financing that is tailored to its clients’ unique business requirements. Products include term loans, leases, pre-delivery financing, fractional share financing and vendor/manufacturer financing. cit.com/businessaircraft
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