Latest CIT Group Inc. Stories

2014-10-01 08:21:49

Funds targeted at expansion of the company's helicopter fleet DUBLIN, October 1, 2014 /PRNewswire/ -- LCI, the aviation leasing division of the Libra Group, has successfully closed a five-year, US$325 million asset-backed credit facility for its helicopter-leasing arm LCI Helicopters. The facility was substantially over-subscribed resulting in an enlarged provision to meet demand. An option to increase the facility to $425 million was also added. The funds will be used to...

2014-09-18 23:12:28

LiftForward hires Chief Risk Officer New York, NY (PRWEB) September 18, 2014 LiftForward, Inc. (“LiftForward”) today announced the hire of Christine Reilly as the LiftForward’s Chief Risk Officer. Ms. Reilly has more than thirty years of experience in the financial services industry including nearly 6 years as the President of CIT Group Inc.'s Small Business Lending Corporation where she was responsible for overseeing a $4 billion organization. Ms. Reilly also held several...

2014-07-17 12:20:49

CHICAGO, July 17, 2014 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the Boeing Co (NYSE:BA-Free Report), Embraer S.A. (NYSE:ERJ-Free Report), Air Lease Corp. (NYSE:AL-Free Report), Delta Air Lines Inc. (NYSE:DAL-Free Report) and CIT Group Inc. (NYSE:CIT-Free Report)....

2014-07-15 08:20:49

Leasing company's 787 order book increases to 20 airplanes FARNBOROUGH, United Kingdom, July 15, 2014 /PRNewswire/ -- Boeing (NYSE: BA) and CIT Group Inc. (NYSE: CIT), a global leader in transportation finance, announced today that CIT Aerospace has placed an order for 10 787-9 Dreamliners, valued at $2.5 billion at current list prices. This brings the leasing company's total 787 orders to 20, including 16 787-9s. "We are pleased to place this order for 10 787-9 Dreamliner...

2014-01-22 12:23:50

LONDON, Jan. 22, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report:Equipment Finance Market in US 2012-2016TechNavio's analysts forecast the Equipment Finance market in the US to grow at a CAGR of 5.62 percent over the period 2012-2016. One of the key factors contributing to this market growth is the improvement in credit market conditions. The Equipment Finance market in the US has also been witnessing the increase in capital expenditures by investment...

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