LCI Helicopters

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LCI delivers trio of EMS helicopters to Alidaunia

LCI delivers trio of EMS helicopters to Alidaunia

11-Jul-2023Source: LCI

LCI, a leading aviation company, has delivered three Leonardo AW169 helicopters on long-term lease to the Italian operator, Alidaunia S.r.L. (Alidaunia). The aircraft were all delivered new from Leonardo and are valued at over US$30 million.  They form part of the LCI and SMFL joint venture (JV) fleet, which now totals 57 aircraft valued at approximately... Read more

LCI signs for up 6 Airbus H175s

LCI signs for up 6 Airbus H175s

27-Jul-2022Source: LCI

  LCI, a leading aviation company and a subsidiary of the Libra Group, has today announced an order for up to six H175 super-medium helicopters from Airbus, valued at over US$125 million. The order is for two confirmed aircraft with the first H175 set to be delivered to LCI in late 2023. The agreement provides for... Read more

LCI Acquires 19 Helicopter Portfolio

LCI Acquires 19 Helicopter Portfolio

1-Jul-2022Source: LCI

  LCI, a leading aviation company and a subsidiary of the Libra Group, has announced the acquisition of a portfolio of nineteen (19) helicopters from Lobo Leasing, alongside RIVE Private Investment and Turning Rock Partners. The portfolio is valued at over US$115 million and comprises of helicopters from leading manufacturers including Airbus Helicopters, Bell, Leonardo... Read more

LCI and SMFL deliver two AW169s to Alidaunia

LCI and SMFL deliver two AW169s to Alidaunia

16-Jun-2022Source: LCI

LCI, a leading aviation company and a subsidiary of the Libra Group, and Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL), have delivered two new Leonardo AW169 helicopters from its joint venture leasing operation to the well-established Italian helicopter operator, Alidaunia. The two state-of-the-art aircraft will be based in Naples and Salerno on long term... Read more

Leasing company LCI orders 50 eVTOLs, plus options for another 75

Leasing company LCI orders 50 eVTOLs, plus options for another 75

27-Apr-2022Source: LCI

LCI, a leading aviation company and a subsidiary of the Libra Group, has signed an agreement with BETA Technologies (BETA), developer of a fully integrated electric aviation system, to acquire up to 125 of the company’s electric vertical take-off and landing (eVTOL) aircraft LCI’s commitment for BETA’s ALIA-250 eVTOL aircraft will enable the company to... Read more

LCI and SMFL add 5 helicopters, taking lease fleet to 38

LCI and SMFL add 5 helicopters, taking lease fleet to 38

5-Apr-2022Source: LCI

LCI, a leading aviation leasing company, and Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL), have acquired and committed to a further five next generation helicopters. These additional aircraft bring their total Joint Venture (JV) portfolio to 38 units valued at over US$420 million – a doubling in size in less than two years from... Read more

LCI takes delivery of 100th engine from Pratt & Whitney Canada

LCI takes delivery of 100th engine from Pratt & Whitney Canada

9-Mar-2022Source: LCI

LCI, a leading aviation leasing company, today announced that it has taken delivery of its 100th helicopter engine from Pratt & Whitney Canada. Pratt & Whitney Canada engines power many of LCI’s next generation helicopters. These include the PT6C-67C, the PW210A and the PW207 on Leonardo’s AW139, AW169 and the AW109S. The company’s PT6C-67E powers... Read more

LCI acquires lessor Nova Capital Aviation (Ireland) Ltd

LCI acquires lessor Nova Capital Aviation (Ireland) Ltd

1-Dec-2021Source: LCI

LCI, a leading aviation leasing company, today announces an agreement to acquire Nova Capital Aviation (Ireland) Limited, a division of the Nova Capital Group. Nova Capital Aviation (Ireland) Limited represents the twin-engine rotary and fixed-wing aircraft lease division of the Nova Capital Group, with single-engine operations remaining within the Group. The acquisition will result in... Read more

India – LCI delivers two AW139s to Heligo

India – LCI delivers two AW139s to Heligo

21-Oct-2021

LCI, a leading aviation leasing company, has placed two Leonardo AW139 helicopters on long-term operating leases with its newest customer, Heligo Charters Pvt. Ltd. The state-of-the-art aircraft were recently delivered to Heligo’s base at Juhu Airport in Mumbai, from where they will provide crew transfer services for India’s largest energy company, ONGC. Nigel Leishman, Executive Vice President... Read more

Libra Group acquires KKR’s interest in LCI

Libra Group acquires KKR’s interest in LCI

12-Oct-2021Source: LCI Helicopters

LCI, a leading aviation leasing company, today announced that its parent company, the Libra Group, has acquired the minority interest in LCI Helicopters held by global investment firm KKR. Jaspal Jandu, CEO of LCI, stated: “We would like to thank the KKR team for their exemplary support these last seven years, helping LCI grow across... Read more

LCI and SMFL expand JV with $120M fleet growth

LCI and SMFL expand JV with $120M fleet growth

16-Sep-2021Source: LCI

LCI, the leading helicopter leasing, management and investment platform, and Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL) have acquired and committed to an additional twelve next generation helicopters within their helicopter leasing joint venture. The helicopters, which are worth in excess of US$120 million, represent a more than 50% expansion of the joint venture’s... Read more

LCI grounds two Elitaliana AW169s

LCI grounds two Elitaliana AW169s

2-Sep-2021Source: HeliHub.com

There are very few countries where the national registration authority openly lists a registration cancellation as being due to an IDERA (Irrevocable Deregistration and Export Request Authorisation).  The website of CAA in Australia describes an IDERA as “a voluntary measure that provides greater security to creditors by preventing a debtor from flying an aircraft to... Read more

LCI Launches Helicopter Co-Investment Vehicle with LCM Partners

LCI Launches Helicopter Co-Investment Vehicle with LCM Partners

29-Mar-2021Source: LCI Helicopters

LCI has expanded its aviation leasing, investment and management platform with the formation of a new helicopter co-investment vehicle with LCM Partners. The vehicle has been launched with the initial acquisition of two Leonardo AW109SP helicopters used for emergency medical services. These are some of the most advanced Air Ambulances in the UK and will... Read more

LCI appoints new CEO

LCI appoints new CEO

3-Nov-2020Source: LCI

LCI, a leading helicopter lessor and the aviation division of the Libra Group, has announced the promotion of Jaspal Jandu to Chief Executive Officer (CEO). Former CEO, Michael Platt becomes Vice Chairman, and Praveen Vetrivel is appointed Chief Financial Officer (CFO), with immediate effect. Jaspal Jandu, who became LCI’s Chief Financial Officer in 2014 having... Read more

Global AirParts announces S-76 part out from LCI

Global AirParts announces S-76 part out from LCI

28-Oct-2020Source: Global AirParts

Global AirParts, the leading provider of used, serviceable materials for Sikorsky S-76 helicopters, commenced a part out project with leading helicopter lessor, LCI. “Given where values are for some helicopter types, smart asset owners can find a better return on their capital by having the aircraft disassembled and marketed for parts. This is all that... Read more

LCI and Sumitomo to establish JV helicopter leasing business

LCI and Sumitomo to establish JV helicopter leasing business

23-Sep-2020Source: LCI

LCI, a leading helicopter lessor and the aviation division of the Libra Group, and Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL) have agreed to establish and operate a joint venture helicopter leasing business. The vehicle has launched with the initial acquisition of 19 next generation helicopters with a value of US$230 million. SMFL and... Read more

LCI Helicopters launches $100 Million co-investment vehicle

LCI Helicopters launches $100 Million co-investment vehicle

7-May-2020Source: LCI

LCI, a leading helicopter lessor and the aviation division of the Libra Group, has strengthened its leasing platform with the establishment of a new co-investment vehicle with Thora Capital, LLC. and RIVE Private Investment as partners. The transaction covers six Leonardo AW139s and three Airbus H130 helicopters, all of which have long-term, secure debt financing... Read more

LCI charts 2020 growth with new partnerships

LCI charts 2020 growth with new partnerships

28-Jan-2020Source: LCI

 LCI, a leading helicopter lessor and the aviation division of the Libra Group, has sealed new partnerships with two leading financial institutions as it continues to grow its fleet. The lessor has just taken delivery of a Leonardo AW169 helicopter with financing arranged from new partner, Investec. The state-of-the-art aircraft is being placed with a leading... Read more

LCI launches 1st helicopter co-investment vehicle

LCI launches 1st helicopter co-investment vehicle

18-Oct-2019Source: LCI Helicopters

LCI, a leading helicopter lessor and the aviation division of the Libra Group, has launched its first ever helicopter co-investment vehicle. The new helicopter ownership vehicle contains five aircraft all on long-term lease – three Leonardo AW139 and two Sikorsky S-92 units – and is valued at over US$100 million. It has been launched in... Read more

LCI successfully closed a new asset-backed helicopter facility

LCI successfully closed a new asset-backed helicopter facility

23-Jul-2019Source: LCI

Lease Corporation International (LCI),a leading helicopter lessor and the aviation division of the Libra Group, has successfully closed a new asset-backed helicopter facility in excess of US$135 million with a syndicate of five banks led by CIT Group Inc. as agent. The new facility, which has been agreed with CIT, National Westminster Bank Plc, National... Read more

LCI Helicopters closes new $75M financing from CaixaBank

LCI Helicopters closes new $75M financing from CaixaBank

9-Jul-2019Source: LCI Helicopters

Lease Corporation International (LCI), the leading helicopter lessor and aviation division of the Libra Group, has successfully closed a new asset-backed helicopter financing facility in excess of US$75 million. The new facility, led by CaixaBank along with a consortium of financial institutions, was arranged by National Westminster Bank Plc as part of an oversubscribed financing,... Read more

Lessor LCI adds two to Advisory Board

Lessor LCI adds two to Advisory Board

3-Jul-2019Source: LCI

Lease Corporation International (LCI), the leading helicopter lessor and aviation division of the Libra Group, is growing the breadth of industry talent and experience within its organisation with the appointment of Mark Stevens and Alejandro Kerschen to its advisory board. The board, which was first established in 2013, is made up of senior industry executives... Read more

LCI Grows Australia-Based helicopter fleet

LCI Grows Australia-Based helicopter fleet

12-Mar-2019Source: LCI

Lease Corporation International (LCI), the aviation division of the Libra Group, has grown its Australia-based fleet of helicopters to 14 Leonardo AW139s with the arrival of two aircraft. The two AW139s are being transitioned by LCI customer, Babcock International Group company, from Aberdeen, United Kingdom to Karratha, Western Australia, where they will be operated by... Read more

LCI expands Weststar relationship

LCI expands Weststar relationship

6-Mar-2019Source: Lease Corporation International

Lease Corporation International (LCI), the aviation division of the Libra Group, has expanded its longstanding relationship with Weststar Aviation Services Sdn Bhd (Weststar) with the recent delivery of two additional helicopters on operating leases in Malaysia. Weststar, one of the global leaders in offshore helicopter aviation services, has recently taken delivery of two helicopters –... Read more

LCI completes AW139 transition with Elitaliana

LCI completes AW139 transition with Elitaliana

24-Oct-2018Source: LCI

Lease Corporation International (“LCI”), the aviation division of the Libra Group, has completed the transition of a Leonardo AW139 helicopter to enter service with Elitaliana S.r.l. (“Elitaliana”) in Italy. The helicopter, which is being converted for full emergency medical services (EMS) operations from Oil and Gas (O&G) operations, is the second of its type operated... Read more

LCI Delivers 3rd EMS AW169 to Elitaliana

LCI Delivers 3rd EMS AW169 to Elitaliana

11-Jul-2018Source: LCI

Lease Corporation International (“LCI”), the aviation division of the Libra Group, has today delivered a third new Leonardo AW169 helicopter to Elitaliana S.r.l. (“Elitaliana”) in Italy, fully equipped for Emergency Medical Services (EMS) operations. The helicopter enters service with Elitaliana on a long term operating lease from LCI, and joins two other AW169s delivered by... Read more

LCI expands into China with lease of three AW139s

LCI expands into China with lease of three AW139s

3-Jul-2018Source: Lease Corporation International

Lease Corporation International (“LCI”), the aviation division of the Libra Group, today announces its first helicopter lease in China with the placement of three new Leonardo AW139 aircraft with Shanghai Kingwing Aviation Co. (“Kingwing”), each configured for Emergency Medical Services (EMS) operations. This latest announcement reinforces LCI’s long-held strategy of curating a balanced and diverse... Read more

LCI expands CHC partnership with second H175

LCI expands CHC partnership with second H175

28-Feb-2018Source: LCI

Lease Corporation International (LCI), the aviation division of the Libra Group, has today announced that it is expanding its partnership with CHC through the placement of a second Airbus Helicopters H175 aircraft with the operator. The helicopter is due to enter service in December 2018 and will be supporting CHC’s operations in the UK. This... Read more

LCI closes on $55M capital market financing

LCI closes on $55M capital market financing

15-Feb-2018Source: LCI

Lease Corporation International (LCI), the leading helicopter lessor and aviation division of the Libra Group, has closed its inaugural capital markets term loan financing, with a value in excess of US$55 million. The private, senior secured tranches have a maturity of five years, and were offered to a range of US financial institutions. CIT Group... Read more

HeliInvestor 2018: Alliances or Band-Aids?

HeliInvestor 2018: Alliances or Band-Aids?

5-Feb-2018Source: Allan Blake

When helicopters are not needed and put into long term storage, either by lessors or operators, they are wrapped in a cover that protects them from the effects of humidity.  Steve Hanna is the CEO of the company that provides these covers, over 300 of them so far, and his business success and attendance for... Read more

CHC receives second H175 via LCI lease

CHC receives second H175 via LCI lease

18-Dec-2017Source: LCI

Lease Corporation International (LCI), the aviation division of the Libra Group, has taken delivery of its first Airbus Helicopters H175 aircraft and placed it on lease with CHC. The aircraft will be based out of Aberdeen, Scotland, supporting oil and gas production activities in the North Sea. Crispin Maunder, Executive Chairman of LCI, says: “This... Read more

LCI orders nine helicopters from Leonardo

LCI orders nine helicopters from Leonardo

21-Jun-2017Source: Leonardo

Leonardo and Lease Corporation International (LCI), the aviation division of the Libra Group, have today announced an order for an additional nine helicopters. The order is valued at over US$120 million and covers the entire family of new generation helicopters – the AgustaWestland AW139, AW169 and AW189. Deliveries will commence this year and continue into... Read more

LCI delivers AW139 to Heli-Union

LCI delivers AW139 to Heli-Union

10-Mar-2017Source: LCI Helicopters

Lease Corporation International (LCI), the aviation division of the Libra Group, has today announced the delivery of the first Leonardo AW139 helicopter to Héli-Union SA. The brand-new AW139 will be leased from LCI to support Héli-Union’s growing activities in Asia.  France-based Héli-Union is a world-renowned helicopter operator, specialising in the support of oil and gas... Read more

LCI to lease three AW169s to NHV Norwegian subsidiary Airlift

LCI to lease three AW169s to NHV Norwegian subsidiary Airlift

8-Mar-2017Source: LCI Helicopters

Lease Corporation International (LCI), the aviation division of the Libra Group, today announces the lease of three Leonardo AW169 helicopters to Airlift, the Norwegian subsidiary of NHV Group. The three AW169s will be leased from LCI to support Airlift’s sea pilots transfer operations in Norway, with first deliveries are expected by the end of June... Read more

Indian HEMS service leases three H130s from LCI

Indian HEMS service leases three H130s from LCI

19-Oct-2016Source: Air Med and Rescue

Aviators Air Rescue Pvt Ltd has leased three Airbus H130 helicopters from Lease Corporation International (LCI), the aviation division of the Libra Group. Based in Bangalore, India, Aviators Air Rescue stakes its claim as the country’s first civil helicopter emergency service with advanced life support capabilities. The aircraft will be used for emergency medical service... Read more

LCI to lease 3 H130s to Aviators Air Rescue

LCI to lease 3 H130s to Aviators Air Rescue

18-Oct-2016Source: LCI

Lease Corporation International (LCI), the aviation division of the Libra Group, has leased three Airbus Helicopters H130 aircraft to Aviators Air Rescue Pvt Ltd. The company, which is India’s first civil helicopter emergency service with advanced life support capability, is based in Bangalore and will use the aircraft for emergency medical services (EMS) missions. Michael... Read more

LCI announces delivery of Leonardo AW169

LCI announces delivery of Leonardo AW169

11-Oct-2016Source: LCI

Lease Corporation International (LCI), the aviation leasing arm of the Libra Group, announces the delivery of the first Leonardo AW169 helicopter to Elitaliana SpA. The AW169 is the first of three such aircraft that will be leased from LCI to support to support Elitaliana’s emergency medical services (EMS) and search and rescue (SAR) operations in... Read more

LCI Experiencing busiest year ever at Helitech 2016

LCI Experiencing busiest year ever at Helitech 2016

11-Oct-2016Source: LCI

Lease Corporation International (LCI), the aviation division of the Libra Group, is experiencing its busiest and most successful year to date in 2016, with its fleet, customer base and operation all rapidly expanding. The leading helicopter lessor now has 35 helicopters in its own lease portfolio, and expects to have a total of 40 in... Read more

LCI appoints new EMEA Marketing leader

LCI appoints new EMEA Marketing leader

5-Sep-2016Source: LCI

Lease Corporation International (LCI), the aviation division of the Libra Group, has appointed Christopher Grainger to the role of Vice President Marketing for the EMEA region. Mr Grainger joins LCI with 30 years’ experience in the civil helicopter industry, and was previously Vice President of Oil & Gas Sales for Airbus Helicopters. During his career,... Read more

LCI delivers first of four AW139 to Westpac in Australia

LCI delivers first of four AW139 to Westpac in Australia

13-May-2016Source: LCI

Lease Corporation International (LCI), the aviation leasing arm of the Libra Group, has delivered the first new AW139 helicopter to Westpac Rescue Helicopter Service based in Australia. The aircraft is currently en route and will arrive at Westpac Rescue Helicopter Service’s main base in Newcastle, New South Wales, in June to enable pilots along with... Read more

LCI touches down at HAI Heli-Expo 201

LCI touches down at HAI Heli-Expo 201

2-Mar-2016Source: LCI

LCI, the aviation leasing arm of the Libra Group, touches down at this year’s HAI Heli-Expo with a fleet of 21 helicopters in service, and expects to double this number before the end of 2016. LCI grew extensively in 2015, introducing the AW189 into service in its fleet alongside the AW139. Throughout the year, it... Read more

New Managing Director at Lobo Leasing joins from LCI

New Managing Director at Lobo Leasing joins from LCI

12-Jan-2016Source: Lobo Leasing

Lobo Leasing, a leading global helicopter leasing company, announced the addition of Mark Kelly as Executive Vice President and Managing Director of Lobo Leasing Ltd. to lead its global headquarters in Dublin and report to Lobo CEO, Bill Wolf. Kelly has a wealth of experience in the rotor industry and in building and managing highly... Read more

Falklands SAR AW189 test flying in full colours

Falklands SAR AW189 test flying in full colours

28-Oct-2015

The first of two AgustaWestland AW189s for Search and Rescue work off the Falkland Islands has started test flying in full colours, as seen below in this photo by Marco Bianchi.  The aircraft will be operational under a new ten year contract starting April 2016.  When AAR announced the contract win, the value was quoted... Read more

LCI signs China deal with CM International Financial Leasing

LCI signs China deal with CM International Financial Leasing

14-Oct-2015Source: LCI

LCI, the aviation leasing arm of the Libra Group, has signed a cooperation agreement with CM International Financial Leasing Corp., Ltd (CMIFL). LCI, which has a fleet of 90 ordered and delivered AgustaWestland and Airbus helicopters, has chosen CMIFL as the partner to help it grow in the burgeoning helicopter leasing market in China. CMIFL,... Read more

LCI finalises $200M long-term debt facilities

LCI finalises $200M long-term debt facilities

9-Oct-2015Source: LCI

LCI, the aviation leasing arm of the Libra Group, has finalized two long-term debt facilities to support over US$200m of incremental fleet growth in Australia. Westpac Banking Corporation will act as sole lender, security trustee and agent to support LCI’s recent multi-year agreement to lease four new AgustaWestland AW139 helicopters to Australia’s Westpac Rescue Helicopter... Read more

Heliservice International signs for first offshore AW169 in Europe

Heliservice International signs for first offshore AW169 in Europe

8-Oct-2015Source: AgustaWestland

AgustaWestland announced today that Heli Service international GmbH has signed a contract for an AW169 light intermediate helicopter. This aircraft will be delivered by autumn 2016 through specialist aviation lessor LCI Helicopters to undertake offshore operations in the North Sea. This order marks the first AW169 customer for this application globally and the entry of... Read more

LCI touches down at Helitech

LCI touches down at Helitech

2-Oct-2015Source: LCI

LCI, the aviation leasing arm of the Libra Group, will be exhibiting at this year’s Helitech International 2015, Europe’s largest rotorcraft exhibition.  LCI are at stand E10 With 21 countries represented, Helitech International provides an opportunity for LCI to engage with customers and partners, and showcase the latest developments at the company which is taking... Read more

LCI Leasing appoints new Sales & Marketing VP for the Americas

LCI Leasing appoints new Sales & Marketing VP for the Americas

29-Sep-2015Source: LCI

LCI, the aviation leasing arm of the Libra Group, has hired Malcom MacGregor to the new role of Vice President Sales and Marketing, Americas. Mr MacGregor recently joined LCI with over 20 years’ experience in the aviation sector. He was previously Milestone Aviation Group’s Vice President of Sales – Europe, Middle East, India & Africa.... Read more

Offshore Helicopter Leasing – an Existential Risk?

Offshore Helicopter Leasing – an Existential Risk?

28-Jul-2015Source: Nova Systems

The recent announcement by the Bristow Group that 130 jobs are at risk in the UK Sector of the North Sea is an ugly enough headline for an industry that, up until 12 months ago, couldn’t get enough pilots to fill helicopter cockpits around the world. But underlying that announcement, the structural effects on the... Read more

LCI completes world’s first Islamic-structured PDP helicopter financing

LCI completes world’s first Islamic-structured PDP helicopter financing

24-Jul-2015Source: LCI

LCI, the aviation leasing arm of the Libra Group, has completed the world’s first secured helicopter PDP (“Pre-Delivery Payment”) funding under a unique Islamic finance structure. The innovative multi-year financing arrangement by LCI’s helicopter leasing division, LCI Helicopters, initially covers over US$250 million worth of Airbus Helicopters assets. Bank of London and the Middle East... Read more

LCI to lease second new AgustaWestland AW139 to HeliService

LCI to lease second new AgustaWestland AW139 to HeliService

6-Mar-2015Source: LCI Helicopters

LCI Helicopters, the helicopter leasing arm of the Libra Group, has entered into an agreement to lease a second new AgustaWestland AW139 to HeliService international, a leading provider of offshore services in the North Sea and Baltic regions, as it continues with its expansion plans. The new aircraft will be delivered in March and will... Read more

LCI Helicopters to manage 7 helicopters for SQN Capital Management

LCI Helicopters to manage 7 helicopters for SQN Capital Management

4-Mar-2015Source: LCI Helicopters

LCI Helicopters has entered into an agreement with SQN Capital Management, LLC (SQN), an independent asset manager headquartered in New York City, to manage a fleet of seven recently acquired helicopters. LCI Helicopters, the helicopter leasing arm of the Libra Group, will offer a range of services to SQN including asset management, insurance, rent collection,... Read more

Heli-Expo caps a strong first quarter for LCI Helicopters

Heli-Expo caps a strong first quarter for LCI Helicopters

3-Mar-2015Source: LCI

LCI Helicopters touches down at the 2015 HAI Heli-Expo with new lessee customer commitments and expansions of its helicopter fleet to meet sustained growth in demand. Further announcements are planned for this week in Orlando, with the company at HAI Stand 4604. In recent days, the aviation leasing arm of the Libra Group has concluded... Read more

LCI to Lease Four AW139s to Westpac Rescue in Australia

LCI to Lease Four AW139s to Westpac Rescue in Australia

25-Feb-2015Source: LCI

Lease Corporation International (LCI), the aviation leasing arm of the Libra Group, has entered into a multi-year agreement to lease four new AW139 helicopters to Australia’s Westpac Rescue Helicopter Service. The helicopters will be delivered in the second half of 2016 and, following fit-out for EMS operations, will be deployed in Northern New South Wales... Read more

LCI places $125M order for AgustaWestland AW139, AW169 and AW189

LCI places $125M order for AgustaWestland AW139, AW169 and AW189

13-Feb-2015Source: LCI

LCI, the aviation leasing arm of The Libra Group, has today committed to expand its helicopter fleet with firm orders for a further 11 AgustaWestland aircraft valued at US $125 million (€110 million). The new aircraft, which are converted from options held by the helicopter lessor, are made up of a mix of AW139, AW169... Read more

AW189 SAR Variant Achieves EASA Certification

AW189 SAR Variant Achieves EASA Certification

5-Jan-2015Source: AgustaWestland

AgustaWestland is pleased to announce it has achieved European Aviation Safety Agency (EASA) certification for the Search and Rescue variant of the AW189, paving the way for the delivery of aircraft for the UK search and rescue programme. The range of kits for the SAR mission that have now been certified by EASA for the... Read more

LCI To Lease New AW139 To Heliservice

LCI To Lease New AW139 To Heliservice

16-Oct-2014Source: LCI

Lease Corporation International (LCI), the aviation leasing arm of the Libra Group, has entered into an agreement to lease a new AgustaWestland AW139 to HeliService international, the leading provider of offshore services, passenger and cargo transportation, polar flights and helicopter maintenance services. This will be the first new AW139 in HeliService’s fleet. The helicopter, scheduled... Read more

First leased AW189 delivered to LCI, then back to AW Training Academy

First leased AW189 delivered to LCI, then back to AW Training Academy

14-Oct-2014Source: LCI

Lease Corporation International (LCI), the aviation leasing arm of the Libra Group, has become the first aircraft lessor to take delivery of the new state-of-the-art AW189 helicopter. The particular aircraft is being placed on long term lease with the AgustaWestland Training Academy, and will be used as part of the conversion-to-type training of pilots to... Read more

LCI appoints Marketing VP in Singapore

LCI appoints Marketing VP in Singapore

14-Oct-2014Source: LCI

Lease Corporation International (LCI), the aviation leasing arm of the Libra Group, has appointed Laurent Janitza as Vice President Marketing, based in the company’s Singapore office. Mr Janitza, joins LCI with 20 years’ experience in the aerospace sector, much of it in Asia, and was previously with Bombardier Aerospace in Singapore as its Sales Director,... Read more

LCI adds to Helicopter Advisory Board

LCI adds to Helicopter Advisory Board

8-Oct-2014Source: LCI

Lease Corporation International (LCI), the aviation leasing arm of The Libra Group, has appointed Angelo Raimondi to its Helicopter Advisory Board. Mr. Raimondi joins the Board with over 40 years’ experience in the helicopter and aircraft services industries, having worked for Agusta and subsequently AgustaWestland since 1972. He holds a BSc. In Aeronautical Engineering and... Read more

LCI Successfully Closes $325M Secured Asset-Backed Facility

LCI Successfully Closes $325M Secured Asset-Backed Facility

2-Oct-2014Source: LCI

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 expand the company’s... Read more

LCI places AW139 with Indwe Aviation in South Africa

LCI places AW139 with Indwe Aviation in South Africa

27-Jun-2014Source: LCI

Lease Corporation International (LCI), the aviation leasing arm of the Libra Group, has announced a new partnership with Indwe Aviation (Pty) in George, South Africa, through the long-term lease of an AW139 helicopter. The brand-new aircraft forms part of LCI’s multimillion dollar order from AgustaWestland first announced in 2012. The lease agreement marks the beginning... Read more

LCI concludes Heli-Expo with almost $1 Billion of helicopters on order

LCI concludes Heli-Expo with almost $1 Billion of helicopters on order

2-Mar-2014Source: LCI

Lease Corporation International (LCI), the aviation leasing arm of the Libra Group, has this week unveiled commitments for up to 39 new helicopters worth around US$925 million and with further 2014 pipeline orders up to a total value approaching US$1 billion. The lessor’s helicopter division has signed a contract with Airbus Helicopters for up to... Read more

LCI signs for seven AW139s and another seven options

LCI signs for seven AW139s and another seven options

26-Feb-2014Source: AgustaWestland

AgustaWestland, a Finmeccanica company, is pleased to announce it has signed a further multiyear contract with Lease Corporation International (LCI) for seven AW139 intermediate and one AW189 8-tonne medium class twin engine helicopter. These helicopters, which will be used by LCI’s helicopter division to offer its customers modern aircraft ready for offshore transport, search and... Read more

LCI signs for one AW189 and another three options

LCI signs for one AW189 and another three options

26-Feb-2014Source: AgustaWestland

AgustaWestland, a Finmeccanica company, is pleased to announce it has signed a further multiyear contract with Lease Corporation International (LCI) for seven AW139 intermediate and one AW189 8-tonne medium class twin engine helicopter. These helicopters, which will be used by LCI’s helicopter division to offer its customers modern aircraft ready for offshore transport, search and... Read more

LCI orders six EC175s; becomes an EC225e launch customer, ordering 15

LCI orders six EC175s; becomes an EC225e launch customer, ordering 15

26-Feb-2014Source: Airbus Helicopters

Lease Corporation International (LCI), the Libra Group’s aviation leasing arm, will acquire as many as 21 new Airbus Helicopters rotorcraft in a contract involving both the next-generation EC175 and the newly-unveiled EC225e. The total contract value is estimated in commercial terms to be around US$645 million with delivery scheduled to commence in 2016. The major... Read more

LCI commits to 14 more AW139s and 4 more AW189s

LCI commits to 14 more AW139s and 4 more AW189s

25-Feb-2014Source: LCI

Lease Corporation International (LCI), the aviation leasing arm of the Libra Group, has announced a further multiyear contract with AgustaWestland for up to a further 18 helicopters worth over US$280 million. The order comprises commitments for up to fourteen AW139 intermediate helicopters and up to an additional four AW189 twin-engine helicopters. These helicopters, which will... Read more

KKR invests over $100M in Lease Corp International’s helicopter business

KKR invests over $100M in Lease Corp International’s helicopter business

17-Jan-2014Source: LCI

Lease Corporation International (“LCI”), a Libra Group company, and KKR Financial Holdings LLC (NYSE: KFN) (“KFN”), a specialty finance company managed by a subsidiary of KKR & Co. L.P. (NYSE: KKR), today announced that they have entered into a definitive agreement under which KFN has agreed to invest in excess of $100 million in LCI... Read more

Lease Corporation International takes delivery of 5th AW139

Lease Corporation International takes delivery of 5th AW139

16-Jan-2014Source: LCI

Lease Corporation International’s (LCI) helicopter division has taken delivery of its fifth AgustaWestland AW139 helicopter, and has placed the aircraft on lease with Bond Offshore Helicopters (Bond) in Aberdeen, Scotland. The delivery follows the agreement last year of a long term lease between LCI and Bond’s parent company Avincis Group – a leading global provider... Read more

LCI delivers new AW139 to Thailand’s SFS Aviation

LCI delivers new AW139 to Thailand’s SFS Aviation

12-Nov-2013Source: LCI

Lease Corporation International (LCI), the aviation division of the Libra Group, has delivered a new AgustaWestland AW139 helicopter to SFS Aviation in Asia. SFS Aviation, the first operator of the AW139 in Thailand, has leased the helicopter as part of a medium-term commitment, and it will be used by to provide offshore support services to... Read more

CHC Ireland boss joins Lease Corporation International

CHC Ireland boss joins Lease Corporation International

19-Sep-2013Source: LCI

Experienced industry executive Mark Kelly has been appointed Vice President – Marketing at Lease Corporation International (LCI). With a particular focus on the Europe, Middle East and Africa regions, he brings his combined years as a senior executive in the sector as well as his extensive helicopter piloting experience to both LCI and its leasing customers. Joining... Read more

CIT provides financing to Lease Corporation International for three AW139s

CIT provides financing to Lease Corporation International for three AW139s

2-Jul-2013Source: CIT

CIT Group Inc. (NYSE: CIT), a global leader in transportation finance, today announced that CIT Transportation Lending provided financing to Dublin-based Lease Corporation International (LCI) to acquire three AgustaWestland 139 helicopters. The aircraft are in offshore oil and gas configuration and are on lease to UK-based Bond Helicopters and Malaysia-based Weststar Aviation. CIT Transportation Lending... Read more

LCI signs for 10 more new AgustaWestland helicopters

LCI signs for 10 more new AgustaWestland helicopters

17-Jun-2013Source: AgustaWestland

AgustaWestland, a Finmeccanica company, announces a further contract win with Lease Corporation International (LCI) for three AW169, five AW139 and two AW189 helicopters. The aircraft, ranging from the light intermediate AW169 to the medium AW189 and their precursor AW139, will be used by LCI’s helicopter division to offer its customers modern aircraft ready for offshore... Read more

LCI to lease two AW139s to WestStar

LCI to lease two AW139s to WestStar

16-Jun-2013Source: LCI

Lease Corporation International (LCI) announces its delivery of two AgustaWestland helicopters to Malaysian operator Weststar Aviation Services in a long-term lease. The new AW139 helicopters, valued at over $30 million, will be initially operated under contract to Tullow Oil. They have both been delivered this week. The two AW139 helicopters will be used to support... Read more

Lease Corporation International delivers first AW139 to Bond

Lease Corporation International delivers first AW139 to Bond

1-May-2013Source: LCI

Lease Corporation International’s (LCI) helicopter division took off this week with its first delivery of a new AW139 helicopter to Bond Offshore Helicopters (Bond) in Aberdeen, Scotland. The delivery follows the agreement of a long term lease between LCI and Bond’s parent company Avincis Group – a leading global provider of mission critical services. The... Read more

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