BOSTON (Reuters) - CIT Group Inc. , on Wednesday said it agreed to sell nearly $1 billion of corporate aircraft leases and loans to General Electric Co. , as part of CIT's efforts to streamline its businesses and focus on growth segments.
Posted July 06, 2005
More Aviation News:« Prior Article: CIT sells aircraft assets to GE,cuts jobs (Reuters via Yahoo! News)
Aviation News Home: Aviation News and Commentary
Next Article: (AFX UK Focus) 2005-07-06 20:03 GMT: Amex Airline Index falls but resists oil-driven selloff (Interactive Investor)»