NEW YORK - CIT Group Inc. (NYSE: CIT) cit.com, today announced that CIT Aerospace, a global leader in aircraft finance, has delivered an Airbus A320-200 to VietJet Air.  

The aircraft, MSN 3646, is powered by CFM56-7B engines and is the second aircraft CIT has delivered to Vietjet. Vietjet is the leading low cost carrier in Vietnam with the existing fleet of 18 new and modern aircraft. Moving forward, the airline will launch the joint venture in Thailand: Vietjet Thailand.

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 more than $35billion 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 lending, factoring, retail and equipment finance, as well as aerospace, equipment 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

distributed by