CIT AEROSPACE DELIVERS ONE BOEING 737-900ER TO LION GROUP

NEW YORK – April 22, 2014 – CIT Group Inc. (NYSE: CIT) cit.com, today announced that CIT Aerospace, a global leader in aircraft finance, has delivered a new Boeing 737-900ER to Indonesia’s Lion Group.

The aircraft, MSN 38749, is powered by CFM56-7B26E engines and has been assigned to Lion Group’s affiliate carrier in Thailand, Thai Lion Air. CIT Aerospace expects to deliver a second aircraft to Lion Group in this year’s fourth quarter.

“The 737-900ER is growing in popularity among lessors, because an increasing number of airlines around the world are adding the aircraft to their fleet,” says Lion Group CEO, Rusdi Kirana. “The advantage of the 737-900ER is it is a high capacity narrowbody that can carry more passengers, while maintaining a low trip cost.”