We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
CIT Group Inc | NYSE:CIT | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 53.50 | 0 | 01:00:00 |
CIT Executive Spotlight Provides Insights on How Airlines Value New-Technology Aircraft
Given the recent decline in oil prices, the value of new-technology aircraft has been questioned, but this is not warranted. New-technology aircraft create revenue opportunities and reduce operating costs, enabling airlines to build competitive moats that support sustainable business models. These are some of the observations shared in “The Value of New-Technology Single-Aisles” (cit.com/newtechnology), the latest piece of market intelligence from CIT Group Inc. (NYSE:CIT), a leading provider of commercial lending and leasing services.
“The advantages of adopting new-technology aircraft early will dissipate as the world’s fleet shifts to the new types,” said Steve Mason, Director and Head of Aircraft Evaluation and Asset Strategy, CIT Aerospace. “It will be the early-adopters who fully utilize the benefits of new-technology aircraft that build a lasting competitive advantage. While the price paid for the new-technology aircraft will be crucial to continued competitiveness, the timing of the adoption may be more so.”
Some of the other topics discussed in the report include:
Individuals can download a free copy of “The Value of New-Technology Single-Aisles” (cit.com/newtechnology).
EDITOR’S NOTE:
CIT thought leadership content can be found at the Knowledge Center on CIT.com (cit.com/knowledgecenter) and our CIT Point of View blog (cit.com/pov). View our corporate video (cit.com/corporatevideo) and follow us on Twitter, LinkedIn, YouTube and Facebook. Register to receive press releases at cit.com/newsalerts.
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
View source version on businesswire.com: http://www.businesswire.com/news/home/20160926005465/en/
CIT MEDIA RELATIONS:Matt Klein, 973-597-2020Director, Media RelationsMatt.Klein@cit.comorCIT INVESTOR RELATIONS:Barbara Callahan, 973-740-5058Senior Vice PresidentBarbara.Callahan@cit.com
1 Year CIT Chart |
1 Month CIT Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions