CIT Group Inc.: CIT Aerospace Posts Solid Fourth Quarter Activity

27-Feb-2017 CIT Group Inc. (NYSE: CIT), today announced that CIT Aerospace, a global leader in aircraft finance, finished 2016 on a strong operating note. During the fourth quarter of 2016, CIT Aerospace signed 26 lease agreements for current and future leases of commercial aircraft and delivered 17 aircraft, including new and used aircraft and lease extensions of the existing fleet, to its airline customers around the world.In 2016, the company signed a total of 108 lease agreements, delivered 63 aircraft and added seven new customers to its client roster.