September 22, 2014 7:46 PM 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...

11 West 42 Street

New York, NY 10036

United States

Founded in 1989

Key Executives for CIT Aerospace, Inc.

Managing Director of Healthcare
President of CIT Transportation Finance
Age: 55
Chief Sales Officer of CIT Aerospace International and Senior Vice President of CIT Aerospace International
Senior Vice President of Financial Institutions Marketing
Director of Aircraft Transactions - CIT Aerospace International
Compensation as of Fiscal Year 2014.

CIT Aerospace, Inc. Key Developments

CIT Aerospace Orders 30 Boeing Planes in $3 Billion Deal

Boeing announced that CIT Aerospace had ordered 30 of its new, medium-haul 737 MAX aircraft in a deal worth $3 billion (€2.2 billion) at catalogue prices. The US plane manufacturer has already announced billions of dollars in deals as well as the launch of a long version of its next-generation Dreamliner 787, but it is still trailing behind Airbus in new plane orders.CIT owns or finances a fleet of around 350 commercial aircraft, and has operating lease and financing agreements in place for 128 Boeing planes. The group also ordered Airbus's next-generation A350 earlier this year.

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.

Similar Private Companies By Industry

Company Name Region
Optimus Hel-Air, Inc. United States
EOIR Technologies, Inc. United States
Star Aviation, Inc. United States
Advanced Integration, LLC United States
Goodrich Turbomachinery Products United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CIT Aerospace, Inc., please visit www.cit.com/products-and-services/transportation-finance/aircraft-leasing-financing/index.htm. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.