Aerospace industry veteran C. Jeffrey Knittel, formerly both Chief Executive of C2 Aviation Capital and President of CIT Transportation Finance, will join Airbus early next year, taking the reins of the company’s business in the Americas.Mr. Knittel...
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November 08, 2017, 07:10 AM
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CIT Group today reported net income of $130 million for the fourth quarter of 2013, compared to net income of $207 million for the fourth quarter of 2012. Net income for the year ended December 31, 2013 was $676 million compared to a net loss of $592...
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January 28, 2014, 07:05 AM
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Transportation companies linked to commercial aviation continue to deliver strong results, while those tied to defense face additional challenges, according to Chris Cantwell, Managing Director and Group Head of CIT Transportation Lending at CIT...
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September 24, 2013, 07:00 AM
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According to transportation executives, the forecasts and business strategies of carriers and manufacturers of transport-oriented capital goods indicate the industry is bracing for an era of higher energy prices and increased regulations. These are...
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August 22, 2013, 07:00 AM
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CIT Group Inc. announced that CIT Transportation Lending provided financing to Dublin-based Lease Corporation International (LCI) to acquire three AgustaWestland 139 helicopters. The aircraft are in offshore oil and gas configuration and are on lease...
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July 02, 2013, 06:21 AM
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CIT Group announced the launch of CIT Maritime Finance, which will originate and underwrite blue water vessel financing. In connection with this announcement, Svein Engh was appointed Managing Director and Group Head of the business and will report...
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November 14, 2012, 07:19 AM
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