LCI
LCI is Libra Group’s leading aviation subsidiary, that is uniquely positioned across the commercial fixed-wing, helicopter and advanced air mobility sectors, with offices in Dublin, London and Singapore.
Since it was formed in 2004, LCI has undertaken over US$10 billion of transactions in the aviation market with a track record of successfully navigating market cycles. Some examples include a landmark US$1 billion sale of 21 aircraft in 2007, followed by a US$400 million order for a fleet of Leonardo helicopters in 2012 that remain in service today.
A further expansion of the helicopter fleet began in 2014 when KKR invested over $100M in LCI Helicopters (LCIH), taking a minority stake in the company. Libra Group re-acquired this stake in April 2020.
The company maintains a fleet of young, modern aircraft leased to some of the world’s leading airlines and helicopter operators. LCI is also investing in the future of sustainable aircraft, including through an agreement with Elroy Air to acquire up to 40 of the company’s Chaparral vertical take-off and landing (VTOL) aircraft. LCI also signed a deal with BETA Technologies to acquire up to 125 electric vertical take-off and landing (eVTOL) aircraft. Upon the delivery of new orders, LCI will have a fleet of approximately 325 aircraft that will be leased across the world.