LCI Acquires and Leases 7 Leonardo Helicopters to Babcock Canada
LCI, under its joint venture with SMFL, has purchased a fleet of seven, new emergency medical services (EMS) configured Leonardo AW169 helicopters that will be leased to Babcock Canada (Babcock).
[November 20, 2024] — LCI, a leading aviation lessor and one of the aerospace subsidiaries of Libra Group, has purchased a fleet of seven, new emergency medical services (EMS) configured Leonardo AW169 helicopters.
The helicopters are being placed in LCI’s joint venture with SMFL: SMFL LCI Helicopters Limited. The joint venture has acquired the aircraft and will be leasing them to Babcock Canada (Babcock).
Babcock, a global leader in the delivery of engineering and critical support services, has been subcontracted by Ascent Helicopters, who will be providing EMS operations across the province on behalf of British Columbia Emergency Health Services (BCEHS). BCEHS carries out medical emergency evacuations and patient transfers between healthcare facilities, responding to calls from over 7,800 patients a year.
The first helicopter has now been handed over, with the remaining six set to be delivered by January 2025. This agreement marks Ascent Helicopters as the first operator to bring the AW169 to Canada.
The highly capable AW169s will be specially equipped with night vision goggles and state of the art medical interiors completed by HeliMods in British Columbia. These modifications will enable the helicopters to meet the most mission critical operational requirements in British Columbia.
Nigel Leishman, Chief Commercial Officer of LCI, says: “LCI is honoured to support the important roles that Ascent and Babcock are playing in the expansion of vital EMS operations in British Columbia.”
“This development in our longstanding partnership with Babcock demonstrates how LCI can deliver tailored financing solutions for highly specialised, mission critical assets such as emergency medical service helicopters, giving maximum flexibility and support to our customers in providing essential operations.”
LCI is a longstanding leasing partner to the Babcock International Group, currently providing 17 helicopters for a wide variety of operational roles in markets across the globe.
About LCI
LCI is a leading aviation company that is uniquely positioned across the commercial fixed-wing, helicopter and advanced air mobility sectors. Since its inception in 2004, LCI has undertaken approximately US$10 billion of aviation transactions and provides leasing services to operators, Governments and end-users.
LCI is owned by Libra Group (www.libra.com), a privately owned global business group with assets and operations in nearly 60 countries, and Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL) (www.smfl.co.jp). For more information, visit www.lciaviation.com
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