June 19, 2013 11:43 AM ET

Aerospace and Defense

Company Overview of CIT Aerospace, Inc.

Company Overview

CIT Aerospace, Inc. provides leasing and financing solutions for aircraft fleets. It offers a fleet of commercial and business aircraft for lease to airlines in the United States and internationally. The company also provides various financing solutions, including senior loans, mezzanine financing, and lease financing to commercial and business aircraft operators, manufacturers, and suppliers in the aerospace and defense industry, as well as to financial institutions. In addition, it offers advisory services in the areas of structured financing and asset management services. The company was incorporated in 1989 and is based in New York, New York with additional locations in Ft. Lauderdale, F...

Detailed Description

11 West 42 Street

New York, NY 10036

United States

Founded in 1989

Key Executives for CIT Aerospace, Inc.

President
Age: 53
Managing Director of CIT Aerospace & Defense and General Manager of CIT Aerospace & Defense
Managing Director of CIT Leveraged Finance
Managing Director of Healthcare
Chief Sales Officer of CIT Aerospace International and Senior Vice President of CIT Aerospace International
Compensation as of Fiscal Year 2012.

CIT Aerospace, Inc. Key Developments

CIT Aerospace, Inc. Presents at SpeedNews 27th Annual Commercial Aviation Industry Suppliers Conference, Mar-06-2013 11:00 AM

CIT Aerospace, Inc. Presents at SpeedNews 27th Annual Commercial Aviation Industry Suppliers Conference, Mar-06-2013 11:00 AM. Venue: Beverly Wilshire, Beverly Hills, California, United States. Speakers: Nic Pastushan, Chief Investment Officer.

CIT Aerospace, Inc. to Acquire 10 More Airbus A330s

CIT Aerospace, Inc. has placed orders for 10 Airbus A330 aircraft, including the four ordered at the Farnborough International Air Show. Five A330 aircraft were ordered earlier the year 2012 in conjunction with the cancellation of orders for four A320 family aircraft and the exercise of an aircraft purchase option. An agreement to acquire the additional five aircraft was entered into at the Air Show this morning. Deliveries are scheduled to begin in 2014.

CIT Aerospace, Inc. Announces Order with Embraer SA for Up to 30 E-Jets

CIT Group Inc. announced that CIT Aerospace, Inc. placed an order for up to Embraer SA's 30 Embraer 190 and/or Embraer 195 jets, ten of which are firm. Deliveries are scheduled through 2015.

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