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 Dragonair.  

The aircraft, MSN 3369, is powered by IAE V2533-A5 engines and is the first of two aircraft CIT will deliver to the airline in 2014. CIT Aerospace previously delivered two A320s to Dragonair.

About CIT Aerospace
As one of the world's leading aircraft leasing organizations, CIT Commercial Air provides leasing and financing solutions - including operating leases, capital leases, loans and structuring and advisory services - for commercial airlines worldwide. CIT Commercial Air owns and finances a fleet of more than 300 commercial aircraft and has more than 100 customers in approximately 50 countries. 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 operates CIT Bank (Member FDIC), its primary bank subsidiary, which, through its Internet bank BankOnCIT.com, offers a suite of savings options designed to help customers achieve a range of financial goals. cit.com

CIT MEDIA RELATIONS:
C. Curtis Ritter
Director of Corporate Communications
(973) 740-5390
Curt.Ritter@cit.com

Matt Klein
Vice President, Media Relations|
(973) 597-2020
Matt.Klein@cit.com

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