LCI EXPANDS CHC PARTNERSHIP WITH SECOND H175
27 February 2018
Lease Corporation International (LCI), the aviation division of the Libra Group, has today announced that it is expanding its partnership with CHC through the placement of a second Airbus Helicopters H175 aircraft with the operator.
The helicopter is due to enter service in December 2018 and will be supporting CHC’s operations in the UK.
This will be LCI’s second aircraft placement with CHC in recent months, and follows the delivery of the lessor’s first H175 in December 2017, which was immediately placed in service with the operator.
Karl Fessenden, President and Chief Executive Officer of CHC, said, “LCI Helicopters is a valuable partner for us as we continue to introduce the H175 in the UK. We are happy to enter a second lease for this aircraft type with them.”
The Airbus Helicopters H175 is a new generation 7.8 tonne, 16 passenger aircraft, in the super- medium category, whose primary mission is to support off-shore oil and gas activities.
It is configured with the reliable and proven Pratt & Whitney PT-6 engines, a Helionix avionics suite with 4-axis autopilot, and fully certified to the latest FAR/JAR 29 certification standards.
LCI’s fleet, which comprises approximately US$750 million of assets in service and on order, is focused on the latest technology medium and super medium helicopters manufactured by the leading helicopter OEMs, including Leonardo, Airbus and Sikorsky.
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About Lease Corporation International (LCI)
Since its inception in 2004, LCI has acquired fixed wing and rotary aircraft with a value of around US$6 billion. LCI is owned by Libra Group (www.libra.com), an international business group with 30 subsidiaries active in 35 countries across six continents. Libra Group’s subsidiaries are focused on six core sectors: aviation, energy, hospitality, real estate, shipping, and diversified investments. www.lciaviation.com
For more information, please contact:
Pembroke and Rye
Tel: +44 (0)7884 187297