Press Release

Issued by .

May 20, 2014

CIT Aerospace, a global leader in aircraft finance, today announced from the 14th Annual European Business Aviation Conference and Exhibition (EBACE) that it provided financing to a Macau, China-based entertainment company to acquire a 2003 Boeing Business Jet.

“This transaction is representative of our ability to complete cross-border transactions that meet the needs of our Asian business aircraft clients,” said Mike Kahmann, managing director and group head, CIT Business Aircraft Finance.

Jolie Chung Howard, vice president of sales, added, “This deal is another example of our efforts to assist entrepreneurs, engaged in a wide variety of industries throughout Asia, in financing their business aircraft acquisitions. We remain committed to supporting business jet owners and operators throughout the region as they seek financing for super midsize to super long-range large cabin size aircraft.”

CIT Business Aircraft Finance has served the corporate aircraft sector for more than 25 years and is considered among the world's premier financial services organizations with extensive international aircraft financing expertise.

CIT is pleased to welcome visitors at its booth #6143 during the Exhibition.