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
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