CIT AEROSPACE ANNOUNCES SECOND QUARTER 2014 DELIVERIES

NEW YORK – July 29, 2014 – CIT Group Inc. (NYSE: CIT) cit.com, today announced that CIT Aerospace, a global leader in aircraft finance, signed a total of 35 agreements in the second quarter of 2014 for the current and future leases of commercial aircraft. CIT Aerospace delivered 37 aircraft, including new and used aircraft and lease extensions of the existing fleet, to its airline customers around the world. This brings the first half 2014 totals to 90 signed lease agreements and 65 aircraft delivered.

“The continued success of CIT Aerospace through this quarter and the first half of 2014 is based on our deep industry expertise and our ability to maintain one of the youngest and most technologically advanced fleets in the industry,” said Tony Diaz, President of CIT Commercial Air. “Our ability to provide fuel efficient aircraft solutions to our customers though a range of sizes and categories of aircraft has allowed us to maintain our position as one of the largest lessors in the aerospace sector.”

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