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CIT Aerospace Announces First Quarter 2015 Deliveries
Tuesday, May 12, 2015 08:30 AM
As one of the largest lessors in the commercial aerospace sector, we are committed to providing our clients with the deep industry expertise and creative financing solutions across a variety of products they have come to expect from us.

NEW YORK – CIT Group Inc. (NYSE: CIT) cit.com, today announced that CIT Aerospace, a global leader in aircraft finance, signed a total of 23 agreements in the first quarter of 2015 for the current and future leases of commercial aircraft. CIT Aerospace delivered 10 aircraft, including new and used aircraft and lease extensions of the existing fleet, to its airline customers around the world and added four new customers to its client base. 

“We are pleased with the placement of these orders that reflect the continued demand for both brand new and mid-life commercial aircraft,” said Tony Diaz, President, CIT Commercial Air. “As one of the largest lessors in the commercial aerospace sector, we are committed to providing our clients with the deep industry expertise and creative financing solutions across a variety of products they have come to expect from us.”

CIT Aerospace owns, finances and manages a fleet of more than 350 commercial aircraft serving 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, finances and manages a fleet of more than 350 commercial aircraft serving approximately 100 customers in 50 countries. cit.com/aerospace

About CIT

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 principally to middle market companies across more than 30 industries primarily in North America, and equipment financing and leasing solutions to the transportation industry worldwide. Its U.S. commercial bank subsidiary, CIT Bank (Member FDIC) BankOnCIT.com, offers a variety of savings options designed to help customers achieve their financial goals. cit.com

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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