Key Facts
- LCI founded in 2004 by the Libra Group, a privately owned conglomerate with 30 years’ experience in global transportation markets
- Between 2004 and 2006 LCI acquires 22 aircraft
- In 2007 LCI appoints Crispin Maunder as CEO
- Within three years of formation LCI becomes world’s largest privately owned aircraft leasing company with a fleet of 22 aircraft leased to leading global airlines
- By 2007 management team of LCI brings over 100 years’ experience in global aviation and transport. Embarks on further expansion of management team in 2008.
- Aircraft leased to highly reputable airlines, including Singapore airlines, British Airways, Virgin Atlantic, Air France, Finnair and Iberia
- Late 2007: landmark $1 billion sale of a total of 21 aircraft initiating major renewal of what was already one of the industry’s youngest fleets
- LCI and its management have established close working relationships with leading manufacturers and airlines from around the world
- 2008 sees expansion of Asia-Pacific presence through Singapore affiliate, Singapore Commercial Leasing
- Early 2009: LCI purchases 11 Airbus A330-300 aircraft
- March 2009: landmark acquisition by LCI of 20 Bombardier CSeries aircraft valued at $1.44 billion with options to purchase a further 20
- Further fleet growth in 2009 with acquisition of Airbus and Boeing aircraft including new Airbus A330-300s, bringing total to 32 aircraft acquired in 2009
- 2010 sees delivery of remaining Airbus A330-300 aircraft leased to Singapore Airlines
- Acquired new Boeing 777-LRF freighter on lease to AeroLogic in 2010
- 2011 sees appointment of Crispin Maunder as Executive Chairman with Michael Platt joining the company as CEO
- Early 2012: LCI enters helicopter leasing market with an order for a fleet of AgustaWestland helicopters (AW139, AW169, AW189)
