CIT AEROSPACE ANNOUNCES FIRST QUARTER 2014 DELIVERIES

NEW YORK – May 06, 2014 – CIT Group Inc. (NYSE: CIT) cit.com, today announced that CIT Aerospace, a global leader in aircraft finance, signed a total of 55 agreements in the first quarter of 2014 for the current and future leases of commercial aircraft. CIT Aerospace delivered 28 aircraft, including new and used aircraft and lease extensions of the existing fleet, to its airline customers around the world.

“As one of the largest lessors in the aerospace sector, our success in this quarter and beyond is based on our deep industry expertise and experience in offering a variety of products, whether it’s an operating lease for a new aircraft, bank debt or a sale-leaseback to our customers,” said Tony Diaz, President of CIT Commercial Air.

CIT Aerospace owns and finances a fleet of more than 300 commercial aircraft leased and financed to more than 100 customers in 50 countries.