CIT AEROSPACE DELIVERS A320-200 TO VIETJETAIR

NEW YORK – October 16, 2012 – CIT Group Inc. (NYSE: CIT) cit.com, today announced that CIT Aerospace, a global leader in aircraft finance has delivered an A320-200 to VietJetAir (VJC), a leading budget airline in Vietnam. VietJetAir is a new customer for CIT. This is the fourth aircraft in VietJetAir’s fleet.

The aircraft, with MSN 2712, is powered by CFM56-5B4/P engines. Upon the receipt of this aircraft, the Vietnamese carrier will expand its network to six domestic routes connecting the country’s main economic and tourism hubs of Hanoi, Ho Chi Minh City, Danang, Nha Trang, and Hai Phong. International flights to Southeast Asia and Northeast Asia are scheduled for late 2012.

CIT owns or finances a fleet of more than 335 commercial aircraft.