NEW YORK – CIT Group Inc. (NYSE: CIT) cit.com, today announced that CIT Commercial Air, a global leader in aircraft finance, has delivered an Embraer E-190 to Arkia Israeli Airlines.
The aircraft, MSN 19000616, is powered by General Electric CF34-10E7 engines and is the first aircraft CIT has delivered to the airline.
About CIT Commercial Air
CIT Commercial Air is one of the world's leading aircraft leasing organizations and 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
Founded in 1908, CIT (NYSE: CIT) is a financial holding company with more than $35 billion 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
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Vice President, Media Relations