SMFL

SMFL to acquire 35% stake in LCI

SMFL to acquire 35% stake in LCI

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

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

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