CIT AEROSPACE ANOUNCES THIRD QUARTER 2014 DELIVERIES

NEW YORK – November 6, 2014 – CIT Group Inc. (NYSE: CIT) cit.com, today announced that CIT Aerospace, a global leader in aircraft finance, signed a total of 22 agreements in the third quarter of 2014 for the current and future leases of commercial aircraft. CIT Aerospace delivered 20 aircraft, including new and used aircraft, lease extensions of the existing fleet and aircraft sales and leasebacks to its airline customers around the world. This brings the 2014 totals to 112 signed lease agreements and 85 aircraft delivered.

“I’m proud of the hard work our team puts into ensuring the continued success of CIT Aerospace,” said Tony Diaz, President of CIT Commercial Air. “Our fleet is one of the youngest and most technologically advanced in the aerospace sector. This, combined with our deep industry expertise and experience, allows 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.