You are using an outdated browser. Please upgrade your browser to use this site.

CIT Aerospace Delivers Final of 13 Airbus Aircraft to American Airlines
Monday, September 29, 2014 08:35 AM
Through our renewed relationship with one of the premier airlines in the world, this aircraft marks the last of 13 aircraft CIT contracted to deliver to American Airlines through this year

NEW YORK – CIT Group Inc. (NYSE: CIT) cit.com, today announced that CIT Aerospace, a global leader in aircraft finance, has delivered a new Airbus A321 to American Airlines.

“Through our renewed relationship with one of the premier airlines in the world, this aircraft marks the last of 13 aircraft CIT contracted to deliver to American Airlines through this year,” saidTony Diaz, President of CIT Aerospace. “We’re pleased we could put our expertise and experience to work for American Airlines and provide them with state-of-the-art aircraft as they modernize and transform their fleet. We look to further build on this relationship.

The aircraft, MSN 6256, is powered by IAE V2533-A5 engines. This brings the total to ten Airbus A321s and three A319s that have been delivered to American Airlines since September 2013.

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