March 30, 2017 3:08 AM ET

Trading Companies and Distributors

Company Overview of CIT Aerospace, Inc.

Company Overview

CIT Aerospace, Inc. provides leasing and financing solutions for aircraft fleets. It offers a fleet of commercial and business aircraft for lease to airlines in the United States and internationally. The company also provides various financing solutions, including senior loans, mezzanine financing and lease financing to commercial and business aircraft operators, manufacturers, and suppliers in the aerospace and defense industry, as well as to financial institutions. In addition, it offers advisory services in the areas of structured financing and asset management services. The company was incorporated in 1989 and is based in New York, New York with additional locations in Ft. Lauderdale, Fl...

11 West 42 Street

New York, NY 10036

United States

Founded in 1989

Phone:

212-461-5200

Fax:

212-771-1079

Key Executives for CIT Aerospace, Inc.

President
Chief Credit Officer
Age: 41
Managing Director and Head of Financial Institutions Group at CIT Commercial
CIT Transportation and International Finance
Age: 57
Managing Director
Compensation as of Fiscal Year 2016.

CIT Aerospace, Inc. Key Developments

Arctic Aviation Assets Ltd Signs LOI with CIT Aerospace for Two Boeing 787-9 Dreamliners with Delivery in 2018

Arctic Aviation Assets Ltd. announced that it has signed a LOI with CIT Aerospace for two Boeing 787-9 Dreamliners with delivery in 2018. A fully owned subsidiary of Arctic Aviation Assets Ltd. will lease the aircraft. The 787-9s will contribute to continued growth in long-haul. Norwegian currently has eight Boeing 787-8 and two 787-9 in operation, and a total 32 787-9 on order. By 2020 Norwegian will have 42 Dreamliners in operation. The 787-9 is a stretch version of the 787-8 with longer range, and with 344 seats based on Norwegian's configuration.

CIT Aerospace, Inc. Presents at 14th Annual China Airfinance Conference, Jun-08-2016 11:55 AM

CIT Aerospace, Inc. Presents at 14th Annual China Airfinance Conference, Jun-08-2016 11:55 AM. Venue: The Ritz-Carlton Pudong, Shanghai, Shanghai IFC, 8 Century Avenue, Lujiazui, Pudong Shanghai 200120 China, China. Speakers: Steve Mason, VP - Aircraft Valuation.

CIT Aerospace Delivers One Boeing 737-800 to China Eastern Airlines

CIT Group Inc. announced that CIT Aerospace has delivered a new Boeing 737-800 to China Eastern Airlines. The aircraft, MSN 41583, is powered by CFM56-7B26 engines. This aircraft delivery continues to build CITs relationship with China Eastern Airlines.

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Recent Private Companies Transactions

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