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CIT Aerospace Announces Second Quarter 2014 Deliveries
Tuesday, July 29, 2014 08:30 AM
The continued success of CIT Aerospace through this quarter and the first half of 2014 is based on our deep industry expertise and our ability to maintain one of the youngest and most technologically advanced fleets in the industry

NEW YORK – CIT Group Inc. (NYSE: CIT) cit.com, today announced that CIT Aerospace, a global leader in aircraft finance, signed a total of 35 agreements in the second quarter of 2014 for the current and future leases of commercial aircraft. CIT Aerospace delivered 37 aircraft, including new and used aircraft and lease extensions of the existing fleet, to its airline customers around the world.  This brings the first half 2014 totals to 90 signed lease agreements and 65 aircraft delivered.

“The continued success of CIT Aerospace through this quarter and the first half of 2014 is based on our deep industry expertise and our ability to maintain one of the youngest and most technologically advanced fleets in the industry,” said Tony Diaz, President of CIT Commercial Air. “Our ability to provide fuel efficient aircraft solutions to our customers though a range of sizes and categories of aircraft has allowed us to maintain our position as one of the largest lessors in the aerospace sector.”

CIT Aerospace owns and finances a fleet of more than 300 commercial aircraft leased and financed to more than 100 customers in 50 countries. 

CIT Aerospace
CIT Aerospace provides customized leasing and secured financing to operators of commercial and business aircraft.  Our 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
Founded in 1908, CIT (NYSE: CIT) is a financial holding company with approximately $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 lendingfactoringretail and equipment finance, as well as aerospaceequipment and rail leasing. CIT’s U.S. bank subsidiary CIT Bank (Member FDIC), BankOnCIT.com, offers a variety of savings options designed to help customers achieve their financial goals. cit.com 

CIT MEDIA RELATIONS:
C. Curtis Ritter
Senior Vice President of Corporate Communications
(973) 740-5390
Curt.Ritter@cit.com

Matt Klein
Vice President, Media Relations
(973) 597-2020
Matt.Klein@cit.com