OREANDA-NEWS. July 05, 2016. CIT Group Inc. (NYSE: CIT) cit.com, today announced that CIT Aerospace, a global leader in aircraft finance, has delivered a new Airbus A321-211 to Air Canada. The aircraft will be operated by Air Canada rouge, Air Canada’s leisure airline.

The aircraft, MSN 7117, is powered by CFM56-5B3/3 engines. This aircraft delivery continues to build CIT’s relationship with Air Canada.

About CIT Aerospace
As one of the world's leading aircraft leasing organizations, CIT Aerospace provides leasing and financing packages, including operating leases and structuring and advisory services, for commercial airlines worldwide. CIT Aerospace owns, finances and manages a fleet of more than 350 commercial aircraft serving approximately 100 customers in 50 countries. cit.com/aerospace

About CIT
Founded in 1908, CIT (NYSE: CIT) is a financial holding company with more than \\$65 billion in assets. Its principal bank subsidiary, CIT Bank, N.A., (Member FDIC, Equal Housing Lender) has more than \\$30 billion of deposits and more than \\$40 billion of assets. It provides financing, leasing and advisory services principally to middle market companies across a wide variety of industries primarily in North America, and equipment financing and leasing solutions to the transportation sector. It also offers products and services to consumers through its Internet bank franchise and a network of retail branches in Southern California, operating as OneWest Bank, a division of CIT Bank, N.A. cit.com