Angelo Raimondi Helicopter Advisory Board

07 October 2014

Lease Corporation International (LCI), the aviation leasing arm of The Libra Group, has appointed Angelo Raimondi to its Helicopter Advisory Board.

Mr. Raimondi joins the Board with over 40 years’ experience in the helicopter and aircraft services industries, having worked for Agusta and subsequently AgustaWestland since 1972. He holds a BSc. in Aeronautical Engineering and also holds an MBA.Formerly based in Milan as AgustaWestland's Vice President International Sales from 1994 to 2011, Angelo was responsible for European and former USSR Republics. Subsequently he was appointed the Senior Advisor to the company.

LCI Executive Chairman, Crispin Maunder, says "we are delighted to welcome Angelo to our Advisory Board. He brings with him a wealth of invaluable experience of the helicopter industry and he will doubtless play a significant role in our future growth".

Angelo Raimondi says “I am excited to have the opportunity to contribute to the continuing growth of LCI Helicopters as they expand into new markets and new helicopter types”. Angelo joins a highly experienced Advisory Board which includes John Sheldon, David Simpson and David Hayler.

Earlier this month LCI successfully closed a five-year, US$325 million asset–backed credit facility for its helicopter-leasing arm, LCI Helicopters. LCI’s helicopter division comprises a fleet of delivered and ordered helicopters approaching ninety new units, including the market-leading AgustaWestland AW139, AW169 and AW189 helicopters
and next-generation Airbus Helicopters EC175 and the newly-unveiled Airbus EC225e, for which LCI is a launch customer.

LCI announced almost US$1 billion in new orders at the HAI Heli-Expo in Anaheim, California, earlier this year and has also attracted investment of more than US$100 million from KKR Financial Holdings, LLC, to address growing oil and gas sector demand, as well as search and rescue and air ambulance services. Since its inception in 2004, LCI has acquired fixed wing and rotary aircraft with a combined value of approaching US$6 billion.

LCIH will be attending this year’s Helitech conference in Amsterdam, Crispin Maunder and Angelo Raimondi will be present along with the LCI Helicopters Marketing Team at Stand H18.

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