CIT : Aerospace Delivers Two Boeing 737-800 Aircraft to Air Transat

NEW YORK - CIT Group Inc. (NYSE: CIT) cit.com, today announced that CIT Aerospace, a global leader in aircraft finance, has deliveredtwoBoeing 737-800 aircraft to Air Transat, a Canadian airline based in Montreal.

The aircraft, MSN 29933 and MSN 29934, are powered by CFM56-7B26 engines. This aircraft delivery expands on a more than 15 year relationship during which CIT Aerospace has leased and sold a wide mix of narrowbody and widebody aircraft to Air Transat.

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 $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 a wide variety of 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

CIT MEDIA RELATIONS:
Matt Klein
Director, Media Relations
(973) 597-2020
Matt.Klein@cit.com