CIT’s aerospace, defense and government businesses provided financing for seven leased helicopters managed by Thora Capital. The helicopters, which are used for emergency medical transport services, are on long-term lease to Apollo Medflight. read more

JAN 13, 2022 - 5:35 am

Eduard Vernède joined CIT Group as managing director in its Aerospace, Defense & Government Services business. Vernède will focus on lending activity to serve the multibillion-dollar government and defense contractor industry, as well as supporting the aerospace segment. read more

SEP 9, 2021 - 6:30 am

CIT Group’s Aerospace, Defense and Government Services business served as administrative agent on an $80 million senior secured revolving credit facility for AerFin Holdings. read more

NOV 6, 2019 - 6:15 am

Leslie Grizzard joined CIT Group in Washington, D.C. as managing director of the Aerospace, Defense & Government Services business. read more

JUN 11, 2019 - 6:52 am

CIT Group and NORD/LB served as co-lead arrangers and joint documentation agents on a $91 million term loan for Mesa Airlines, the fifth largest independent regional air carrier in the U.S. read more

MAY 9, 2019 - 6:45 am

Lease Corporation International, the helicopter lessor and aviation division of the Libra Group, closed its inaugural capital markets term loan financing, with a value in excess of $55 million. read more

FEB 13, 2018 - 6:53 am

White Oak Global Advisors completed a $550 million transaction with GE Capital Aviation Services to buy and immediately lease back 20 wide body aircraft engines. CIT served as financing partner in the transaction. read more

JAN 18, 2018 - 12:34 pm

CIT Aerospace, Defense & Government Finance provided a $35 million senior secured credit facility to Mesa Airlines, a provider of regional air service for American Airlines and United Airlines. read more

SEP 23, 2016 - 7:05 am