Aerospace
LCI Orders Up to 21 Modern Helicopters from Airbus
LCI and Sumitomo Mitsui Finance and Leasing Company announced an order for up to 21 of the latest generation helicopters from Airbus...
LCI Signs Framework Agreement for Up to 21 Latest Generation Helicopters from Leonardo
LCI announced a framework agreement for up to 21 of the latest generation helicopters from Leonardo...
LCI Launches LCI Analytics, a New Research and Advisory Division
LCI has launched a new independent division dedicated to high quality advisory, consultancy and research services...
Libra Group Launches World’s First Dedicated Space Leasing Company
Libra has launched the world’s first space leasing company dedicated to the full spectrum of space assets. Building on the Group’s 20 years of aviation leasing experience, SLI...
Sumitomo Mitsui Finance and Leasing Co., Ltd. (SMFL) To Acquire Stake in Libra Group Aviation Subsidiary, LCI
LCI 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 Signs Agreement with Elroy Air for a Committed Order of Up to 40 Chaparral VTOL Aircraft
LCI 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 Signs Sustainability Charter with Aircraft Leasing Ireland
LCI has today signed Aircraft Leasing Ireland’s (ALI) Sustainability Charter. Signatories are committed to driving forward and achieving Environmental, Social and Governance (ESG) related goals, centered around 10 priority sustainability principles.
LCI Signs Agreement With Beta Technologies For A Committed Order Of Up To 125 eVTOL Aircraft
LCI, a leading aviation company and a subsidiary of Libra Group, today 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.
Libra and LCI offer industry wisdom and insight to Airline Economics
Libra Group's leading aviation leasing company, features in a new interview in Airline Economics. The article ‘True Diversification’ collects the insight of our Chairman and CEO, George Logothetis, with Jaspal Jandu, CEO of LCI. Their broad-ranging comments cover topics including the impact of the pandemic and its effect on strategic goals...
LCI’s video of the Year 2021
LCI has released its 2021 'Year in Review' video which covers key commercial and charitable highlights including placing more aircraft in the mission-critical EMS and SAR sectors and re-entering the fixed-wing market...
LCI helicopter joins Lomar vessel for joint sea rescue mission off the coast of Australia
A helicopter in the LCI fleet and Lomar container ship joined together to stage a dramatic and unique sea rescue mission off the Australian coast yesterday (16 December)...
LCI acquires Nova Capital Aviation (Ireland)
LCI, Libra's leading aviation company, has announced an agreement to acquire Nova Capital Aviation (Ireland) resulting in a substantial expansion of its leasing portfolio to over 140 twin-engine rotary and fixed-wing aircraft...
Libra Group acquires KKR’s interest in LCI
Libra Group has announced the acquisition of the minority interest in LCI Helicopters held by global investment firm KKR. LCI, a Libra subsidiary, is the Group's leading aviation leasing company...
LCI returns to fixed wing leasing market
LCI has re-entered the fixed wing market with the acquisition of an Airbus A330-300 commercial aircraft, and an investment building on its 17-year track record in the market...
LCI and SMFL expand helicopter leasing joint venture
LCI, the aviation leasing arm of Libra Group which has built a leading helicopter lessor, management and investment platform, and Sumitomo Mitsui Finance and Leasing Company Limited...
LCI’s helicopter division raises over $1bn of financing since 2019
LCI's helicopter division has raised over $1 billion of helicopter capital since 2019, covering a total of 25 transactions sourced from over 20 separate financial institutions...
INSIGHT: Nigel Leishman of LCI discusses fleet management strategy in a challenging oil cycle
LCI's Executive Vice President & Global Head of Marketing, Nigel Leishman, recently spoke to Air & Sea Analytics about helicopter management in the offshore oil and gas...
Asian Sky Media interviews LCI’s Chris Lloyd
Asian Sky Group’s Civil Helicopters Fleet Report features a Q&A with LCI’s Vice President Marketing Christopher Lloyd, who is based at their office in Singapore, featuring the impact of COVID-19 on the helicopter...
LCI places two new AW109SPs with Sloane Helicopters
LCI has placed two AW109SP helicopters on long term operating leases to undertake EMS (emergency medical services) operations with its newest customer, Sloane Helicopters...
Helicopters: energy for growth through climate change
The role of helicopters in national infrastructure in and tackling climate change is more and more important. Recently, the European Union (EU) announced plans to increase its offshore windfarm capacity...
LCI appoints new CEO, Jaspal Jandu
LCI, a leading helicopter lessor, announces the promotion of Jaspal Jandu to Chief Executive Officer. Former CEO, Michael Platt becomes Vice Chairman, and Praveen Vetrivel is appointed Chief Financial Officer...
LCI and Sumitomo Mitsui agree $230m joint venture
LCI, the aviation division of Libra Group, and Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL) have agreed to establish and operate a joint venture helicopter leasing business...
Airbus: the versatility of helicopters
LCI, Libra Group's aviation division, has a substantial fleet of Airbus Helicopters, including the H175, H130, H135 and H145 models. Deployed on various missions around the world, they are mainly used...
International overview: LCI’s Nigel Leishman talks to Air & Sea Analytics
LCI's Executive Vice President & Global Head of Marketing, Nigel Leishman, was interviewed recently by Air & Sea Analytics about how the helicopter market and what insights it might offer to...
LCI announces co-investment vehicle with Thora Capital and Rive Investment
LCI has strengthened its leasing platform with the establishment of a new co-investment vehicle with Thora Capital, LLC. and RIVE Private Investment as partners...
LCI sponsors Helicopter Investor 2020 event
At the end of February, LCI, the aviation leasing division of Libra Group, was the Lead Sponsor of Helicopter Investor London 2020. CEO Mike Platt forecasted brighter times ahead in his opening address...
INSIGHT: LCI’s helicopter co-investment vehicle – how it works
In October 2019, LCI launched its first ever helicopter 'co-investment vehicle' which enables third party investors to participate in helicopter ownership while leaving the task of leasing the aircraft to operators with LCI. We look in more detail at how such an ownership vehicle works...
LCI charts 2020 growth with new financial partnerships
LCI has sealed new partnerships with two leading financial institutions as it continues to grow its fleet, taking delivery of a Leonardo AW169 helicopter with financing from Investec and entering into another new arrangement with Grupo Santander...
LCI launches first Helicopter Co-investment Vehicle
LCI has launched its first-ever helicopter co-investment vehicle with Flexam Tangible Asset Income Fund. The new helicopter ownership vehicle contains five aircraft all on long-term lease and is valued at over...
LCI successfully closes US$135m asset-backed helicopter facility
Lease Corporation International (LCI), a leading helicopter lessor and the aviation division of Libra Group, has successfully closed a new asset-backed helicopter facility in excess of US$135 million with...
LCI successfully closes US$75m financing facility led by CaixaBank
Lease Corporation International (LCI), the leading helicopter lessor and aviation division of Libra Group, has successfully closed a new asset-backed helicopter financing facility in excess of US$75 million...
LCI Grows Australia-Based Helicopter Fleet
Lease Corporation International (LCI), the aviation division of 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...
LCI expands Weststar relationship with additional helicopter deliveries
Lease Corporation International has expanded its longstanding relationship with Weststar Aviation Services Sdn Bhd with the recent delivery of two additional helicopters on operating leases in Malaysia...
INSIGHT: Rotorhub interviews LCI’s Nigel Leishman “Helicopter Lessors in Asia 2018”
LCI’s Executive VP, Nigel Leishman, was interviewed by Rotorhub magazine, the leading title for the aviation rotorcraft industry. Read the full article here, reproduced by kind permission of Shephard Media...
LCI AW139 transitions across continents, customers and roles to land with Elitaliana
Lease Corporation International has today 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...
First AW139 EMS Lease Helicopters with China’s Kingwing
Lease Corporation International (LCI), the aviation division of Libra Group, today announces its first helicopter lease in China with the placement of three new Leonardo AW139 aircraft with Shanghai Kingwing...
LCI expands CHC partnership with second H175
Lease Corporation International (LCI), the aviation division of Libra Group, has today announced that it is expanding its partnership with CHC through the placement of a second Airbus Helicopters H175...
LCI Partners with CIT and Prudential Capital on $55m capital financing
Lease Corporation International (LCI), the leading helicopter lessor and aviation division of Libra Group, has closed its inaugural capital markets term loan financing, with a value in excess of US$55 million...
LCI receives first Airbus helicopters H175 and places on lease with CHC
Lease Corporation International (LCI), the aviation division of Libra Group, has taken delivery of its first Airbus Helicopters H175 aircraft and placed it on lease with CHC. The aircraft will be based...
INSIGHT: “Aircraft Leasing – Efficient Risk Management” – by Nigel Leishman
Since its foundation in 2004, LCI’s highly experienced and well-connected management team has worked closely with aircraft and engine manufacturers and with major financial institutions. It has...
LCI orders nine helicopters as it takes delivery of a record six units in a month
Lease Corporation International (LCI), the aviation division of Libra Group, and Leonardo have today announced an order for an additional nine helicopters. The order is valued at over US$120 million and...
LCI to Lease three AW169s to Airlift
Lease Corporation International (LCI), the aviation division of Libra Group, today announces the lease of three Leonardo AW169 helicopters to Airlift, the Norwegian subsidiary of NHV Group. The three AW169s...
LCI Delivers first AW169 to Elitaliana
Lease Corporation International (LCI), the aviation leasing arm of Libra Group, announces the delivery of the first Leonardo AW169 helicopter to Elitaliana. The AW169 is the first of three such aircraft...
LCI to lease three H130s to Aviators Air Rescue
LCI 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...
LCI increases freighter fleet and signs new deal with Turkey’s ACT Airlines
LCI, the aviation leasing arm of Libra Group, continues to increase its fleet of dedicated maindeck freighter aircraft. Two additional Boeing 747-400F aircraft are now...
LCI Helicopters places a second Airbus H225 with CHC Helicopter
LCI Helicopters (LCIH), la division de location d'hélicoptères de LCI, a conclu la vente et la cession-bail d'une deuxième livraison d'hélicoptère Airbus H225 à un hélicoptère mondial, CHC Helicopter...
LCI agrees two multi-year debt facilities
LCI, the aviation leasing arm of Libra Group, has finalised 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...
LCI concludes world’s first Islamic-structured PDP helicopter financing
LCI, the aviation leasing arm of 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...
LCI to lease six AW139s to Australian Helicopters
LCI, the aviation leasing arm of Libra Group, has concluded an agreement to lease six new AgustaWestland aircraft to Australian Helicopters Pty Ltd, a member of the Babcock Mission Critical Services Group...
LCI to expand helicopter fleet with further AgustaWestland orders
LCI, the aviation leasing arm of 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).
LCI Successfully Closes US$325 Million Secured Asset-Backed Facility
LCI, the aviation leasing division of 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...
LCI enters into new partnership with Indwe Aviation through AW139 helicopter placement in South Africa
Lease Corporation International (LCI), the aviation leasing arm of Libra Group, has announced its new partnership with Indwe Aviation (Pty) in George, South Africa, through the long-term lease of an AW139 helicopter. The brand-new unit forms part of LCI’s multimillion dollar...
LCI increases its AgustaWestland order book
Lease Corporation International (LCI), the aviation leasing arm of Libra Group, has announced a further multiyear contract with AgustaWestland...
LCI places $645m order for 21 Airbus Helicopters
Lease Corporation International (LCI), 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...
LCI and KKR Financial Holdings LLC Announce Strategic Investment in LCI’s Helicopter Leasing Business
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...
LCI Takes Delivery of its Fifth AW139 for Bond Offshore
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...
LCI to provide helicopters to Weststar Aviation Services for offshore operation
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...
LCI Helicopter Division Signs AW139 Lease With Avincis
Lease Corporation International (LCI), the aviation division of Libra Group, the international business group, announces that it has entered into a long-term lease with the Avincis Group (Avincis), the world's leading provider of mission critical services, for a new AW139 helicopter...
LCI sets up new division with $400m helicopter fleet
Lease Corporation International (LCI) and AgustaWestland have signed an agreement covering the purchase of a fleet of AW139, AW169 and AW189 helicopters for a new division being set up by...
LCI Appoints new CEO and Executive Chairman
Lease Corporation International (LCI), the Dublin-based aircraft lessor, has today announced the appointment of Michael Platt as CEO, effective 1 January 2012. He joins the management team with immediate effect as CEO Designate, working closely with current CEO, Crispin Maunder...
LCI Orders 20 Bombardier CSeries Jetliners
Lease Corporation International (LCI) announced today that it has signed a firm agreement with Bombardier Aerospace for the purchase of three CS100 and 17 CS300 jetliners. LCI, which also took options on a further 20 CSeries aircraft, is a...