LCI DELIVERS FIRST EVER DEDICATED OFFSHORE WIND HELICOPTERS TO THE UNITED STATES OF AMERICA

– Leases two AW169 helicopters to HeliService USA, supporting offshore wind operations in Rhode Island and Massachusetts –

27th June, 2023: LCI, a leading aviation company, has begun to deliver the first dedicated offshore wind helicopters in the United States of America.  They will be leased under long-term arrangements to HeliService USA LLC (HeliService USA) and support a new era of sustainable energy supply in the country.

They will be operated by HeliService USA in support of Ørsted and General Electric contracts based in Quonset, RI, and Martha’s Vineyard, MA, and enable safe and efficient crew changes and wind turbine maintenance.

The state-of-the-art Leonardo AW169 helicopters, one of which will be a factory-built new machine, are valued at over US$20 million and are designed to perform a wide range of mission-critical operations.  They are equipped with hoisting systems to airlift technicians to and from wind turbines and can operate across a variety of sea states.  

Jaspal Jandu, CEO of LCI, says: “LCI is honoured to be enabling the USA’s first offshore wind helicopter operations, which are mission critical and socially responsible. Modern helicopters emit up to five times less CO2 per passenger compared with offshore crew transfer vessels, and they will underpin the growth of this exciting new energy future.

“We are delighted to be growing our partnership with HeliService USA. Their ability to leverage an unrivalled track record makes them a natural and trusted operator for the nascent offshore wind sector in the USA.”

The White House has a commitment to a new clean energy industry with a goal of deploying 30 gigawatts (GW) of offshore wind energy by 2030, and 110GW by 2050*.  Meeting the 2030 target will trigger more than US$12 billion per year in capital investment and create 77,000 direct and indirect jobs. It will also generate enough power to meet the demand of more than 10 million American homes for a year and avoid 78 million metric tons of CO2 emissions**.

Michael Tosi, Managing Director of HeliService USA, says: “Helicopters are vital to efficient offshore wind operations, and we are excited to be bringing proven procedures and strong safety culture to this new clean energy industry. Working in partnership with LCI, and leveraging the experience of the world`s largest offshore wind helicopter operator (HeliService in Europe), we look forward to supporting our customer’s offshore wind operations using these state-of-the art assets.”

LCI maintains a growing, sustainable, and future-focused fleet of young, modern aviation assets, which are leased to major operators and end-users around the world. Many are deployed on mission critical and socially responsible sectors such as emergency medical services (EMS), search and rescue (SAR) and offshore wind energy. It comprehends the need to take action now in order to prepare for the future and, in October 2022, it signed the Aircraft Leasing Ireland’s Sustainability Charter committing to Net Zero by 2050.

– Ends –

Notes to Editors

(*) FACT SHEET: Biden-Harris Administration Continues to Advance American Offshore Wind Opportunities

https://www.whitehouse.gov/briefing-room/statements-releases/2023/03/29/fact-sheet-biden-harris-administration-continues-to-advance-american-offshore-wind-opportunities/

(**) FACT SHEET: Biden Administration Jumpstarts Offshore Wind Energy Projects to Create Jobs

https://www.whitehouse.gov/briefing-room/statements-releases/2021/03/29/fact-sheet-biden-administration-jumpstarts-offshore-wind-energy-projects-to-create-jobs/

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 in excess of US$10 billion of aviation transactions, and provides leasing services to airlines, helicopter operators, Governments and end-users.

LCI is owned by Libra Group (www.libra.com), a privately-owned international business group whose subsidiaries own and operate assets in nearly 60 countries, and Sumitomo Mitsui Finance and Leasing Co., Ltd. (SMFL) (www.smfl.co.jp).

For more information, visit www.lciaviation.com 

For more information, please contact: 

Charlie Hampton / Zahida Wiffen

LCI

Tel: +44 (0)7884 187297 

E-Mail: lci@pembrokeandrye.com

LCI APPOINTS ERIC KATAOKA AS CHIEF INVESTMENT OFFICER AND ELEVATES NIGEL LEISHMAN TO CHIEF COMMERCIAL OFFICER

15th June, 2023: LCI, a leading aviation company, has today announced the strengthening of its team with the appointment of Eric Kataoka as Chief Investment Officer (CIO), and the promotion of Nigel Leishman to Chief Commercial Officer (CCO). This follows the recent investment in LCI by Sumitomo Mitsui Finance and Leasing Co., Ltd. (SMFL).

Kataoka was previously SMFL’s General Manager of Aviation Business Development. He has over 20 years’ experience in aviation, with major roles including Head of Aviation Business Development at Sumitomo Corporation. He will now be responsible for overseeing LCI’s investment activities, capital deployment and portfolio management.

Nigel Leishman was previously LCI’s Executive Vice President and Global Head of Marketing. Based in Singapore, he has been a part of the LCI team since 2008 and has more than 35 years’ experience in aviation. He will lead the company’s marketing and commercial teams, and develop a range of innovative leasing solutions designed for a new era of aviation.

Jaspal Jandu, CEO of LCI, said: “I am delighted with both of these announcements. Eric and Nigel bring extensive strength and depth to LCI’s senior executive team, and will play pivotal roles in the next chapter of our company’s development. I am confident that their proven leadership skills and respected industry relationships will add enormous value to our company, customers and partners.”

Eric Kataoka, CIO of LCI, said: “I look forward to working closely with the LCI team and our shareholders as we develop the business. My focus will be on developing an investment strategy and strengthening our processes, both of which will underpin innovative and sustainable growth.” 

Nigel Leishman, CCO of LCI, said: “We are entering a new era in aviation with rapid technological advances paving the way towards a more sustainable future. LCI has an integral role to play in this journey, and we will deliver the commercial and financial innovation to make this possible.”

SMFL and Libra Group plan to grow LCI’s business by US$1.5 billion over the coming years with significant capital investment by shareholders.

– Ends –

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 international business group whose subsidiaries own and operate assets in nearly 60 countries and Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL – www.smfl.co.jp). For more information, visit www.lciaviation.com

For more information, please contact: 

Charlie Hampton / Zahida Wiffen
LCI
Tel: +44 (0)7884 187297 
E-Mail: lci@pembrokeandrye.com