28-Feb-2024Source: LCI
LCI, a leading aviation company, has unveiled a new Flight Path partnership with Airbus Helicopters, which will address the long-term capacity, sustainability and financing requirements of the industry. Airbus predicts demand for over 16,000 new helicopters by 2041, with a combined value approaching $130 billion. The new partnership will see LCI and Airbus Helicopters leveraging... Read more
27-Feb-2024
LCI, a leading aviation company, and Airbus have announced a collaboration agreement to jointly develop ecosystems for Advanced Air Mobility (AAM). The collaboration will focus on the development of partnership scenarios and business models in three core AAM areas: strategy, commercialisation and financing. Both partners will collectively develop AAM market perspectives and forecasts, conduct industry... Read more
22-Feb-2024Source: LCI
LCI, a leading aviation company, has announced a framework agreement for up to 21 of the latest generation helicopters from Leonardo, comprising of 10 firm plus 11 options. The innovative new framework agreement covers the latest generation light-intermediate AW169, intermediate AW139 and super-medium AW189 helicopters, which will collectively address industry renewal and replacement requirements. The new... Read more
1-Feb-2024Source: LCI
LCI, a leading aviation company, and Sumitomo Mitsui Finance and Leasing Company Limited (SMFL), have received the prestigious Airline Economics ‘Editor’s Deal of the Year for Innovation Award’ for their pioneering Social Loan Framework. The award was received by LCI and SMFL at the 2024 Aviation 100 Awards, as part of the Airline Economics’ Annual... Read more
24-Jan-2024Source: LCI
LCI, a leading aviation company, has launched a new independent division dedicated to high quality advisory, consultancy and research services. LCI Analytics will initially cover mission critical rotorcraft and advanced air mobility operations across sectors including energy, emergency medical services (EMS), and search and rescue (SAR). It will publish regular, in-depth research and forecasts, and... Read more
9-Nov-2023Source: LCI
LCI, a leading aviation company, and Sumitomo Mitsui Finance and Leasing Co., Ltd. (SMFL) have announced the development of the world’s first Social Loan Framework for helicopter leasing, finance and operations. LCI and SMFL’s Social Loan Framework has received the highest rating of “Social 1(F)” from the Japan Credit Rating Agency. The framework has been... Read more
1-Nov-2023Source: LCI
LCI, a leading aviation company, announces that Michael (Mike) Platt will be stepping down and retiring as Vice Chairman at the end of 2023. He will thereafter serve as a senior advisor to the company, working on a number of business innovation projects for LCI. Mike joined LCI as Chief Executive Officer in 2009, and... Read more
11-Oct-2023Source: LCI
LCI is pleased to share that it has concluded long-term lease extensions for three Leonardo Helicopters AW139s currently being operated by Omni Helicopters International (OHI), a leading operator of helicopter and air mobility services. The three helicopters, which are valued at approximately US$30 million, are part of a wider fleet of 14 helicopters from LCI’s... Read more
28-Jun-2023Source: LCI
LCI, a leading aviation company, has begun to deliver the first dedicated offshore wind helicopters in the United States of America. They will be leased under long-term arrangements to HeliService USA LLC (HeliService USA) and support a new era of sustainable energy supply in the country. They will be operated by HeliService USA in support of Ørsted and General Electric... Read more
15-Jun-2023Source: LCI
LCI, a leading aviation company, has announced the strengthening of its team with the appointment of Eric Kataoka as Chief Investment Officer (CIO), and the promotion of Nigel Leishman to Chief Commercial Officer (CCO). This follows the recent investment in LCI by Sumitomo Mitsui Finance and Leasing Co., Ltd. (SMFL). Kataoka was previously SMFL’s General... Read more
1-May-2023Source: LCI
LCI, a leading aviation company, has launched a pioneering Joint Venture (“JV”) with a US Public Pension (“UPP”), and plans to build an aviation and helicopter portfolio valued in excess of US$300 million. The JV is the world’s first direct-to-pension fund investment partnership in the rotary market. Its inaugural transaction is the acquisition of a... Read more
31-Mar-2023Source: LCI
Libra Group, a privately owned international business group whose subsidiaries own and operate assets in nearly 60 countries, announced that Sumitomo Mitsui Finance and Leasing Co., Ltd. (SMFL) has agreed to acquire a 35% stake in its aviation subsidiary, LCI. Additionally, SMFL and Libra Group plan to grow LCI’s business by US$1.5 billion over the... Read more
3-Mar-2023Source: LCI
LCI, a leading aviation company and a subsidiary of Libra Group, is set to deliver two new Leonardo AW139 helicopters on long-term lease to Babcock Australasia (Babcock) in Australia in early 2024. The aircraft, which are valued at over US$40 million, will be deployed by Babcock on mission critical and socially responsible Emergency Medical Services... Read more
1-Mar-2023Source: LCI
LCI, a leading aviation company and a subsidiary of Libra Group, has appointed Alan O’Rourke to the position of Chief Financial Officer (CFO). O’Rourke was previously LCI’s Senior Vice President, Finance, based in the lessor’s London office and was responsible for developing relationships with LCI’s financial partners to source and originate capital for the organisation.... Read more
11-Jan-2023Source: LCI
LCI, a leading aviation company and a subsidiary of Libra Group, has signed an agreement with Elroy Air, developer of advanced autonomous cargo aircraft systems, to acquire up to 40 of the company’s Chaparral vertical take-off and landing (VTOL) aircraft. LCI’s investment in Elroy Air’s system underpins the Company’s long-term commitment to sustainable growth and... Read more
23-Nov-2022Source: LCI
LCI, a leading aviation company and a subsidiary of the Libra Group, has promoted Terri Foley to Chief Operating Officer (COO) and General Counsel, effective immediately. Terri has a long-established career with LCI, having joined in 2008 as the company’s General Counsel. Based in LCI’s Dublin head office, Terri has proven experience in aviation leasing, financing... Read more
11-Nov-2022Source: LCI
LCI is pleased to announce that its Joint Venture (JV) with Thora Capital, LLC has acquired two Leonardo Helicopters AW189s valued at over US$25 million. The super-medium helicopters are on operations across the globe and bring the total of LCI’s acquisitions alongside Thora to US$120 million. Jaspal Jandu, CEO of LCI, says: “Thora is a trusted financial partner with whom... Read more
11-Nov-2022Source: LCI
With the closing of a new 5-year facility with Investec Bank, we are delighted to announce that LCI group has surpassed the raising of over US$300 million of helicopter related finance and refinance in 2022. This follows on from the US$1 billion of aviation and helicopter capital raised from 2019 to 2021 – a significant achievement spanning the COVID pandemic.... Read more
28-Oct-2022Source: LCI
LCI, a leading aviation company and a subsidiary of the Libra Group, has signed Aircraft Leasing Ireland’s (ALI) Sustainability Charter. Signatories are committed to driving forward and achieving Environmental, Social and Governance (ESG) related goals, centred around 10 priority sustainability principles. In signing the Charter, an industry that manages more than $100bn of assets... Read more
