We provide our customers with modern, fuel-efficient aircraft. Combined with industry leading expertise and experience, we’re able to maintain our position as one of the largest lessors in the aerospace sector.
NEW YORK – CIT Group Inc. (NYSE: CIT) cit.com, today announced that CIT Aerospace, a global leader in aircraft finance, signed a total of 36 agreements in the third quarter of 2015 for the current and future leases of commercial aircraft. CIT Aerospace delivered 14 aircraft, including new and used aircraft, lease extensions of the existing fleet, and aircraft sale and leaseback to its airline customers around the world. This brings the 2015 totals to 95 signed lease agreements and 43 aircraft delivered.
“The success of CIT Aerospace is due to the hard work of our entire team,” said Tony Diaz, President of CIT Commercial Air. “We provide our customers with modern, fuel-efficient aircraft. Combined with industry leading expertise and experience, we’re able to maintain our position as one of the largest lessors in the aerospace sector.”
CIT Aerospace owns, finances and manages a fleet of more than 350 commercial aircraft leased and financed to more than 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
Founded in 1908, CIT (NYSE: CIT) is a financial holding company with more than $65 billion in assets. Its principal bank subsidiary, CIT Bank, N.A., (Member FDIC, Equal Housing Lender) has more than $30 billion of deposits and more than $40 billion of 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 sector. It also offers products and services to consumers through its Internet bank franchise and a network of retail branches in Southern California, operating as OneWest Bank, a division of CIT Bank, N.A. cit.com
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