LCI Expands Asia-Pacific Presence
23 April 2008
Lease Corporation International (LCI) has announced the opening of a Singapore office through the formation of a new Singapore based aircraft lessor. Singapore Commercial Leasing Pte Ltd will represent LCI and support its business development in the Asia-Pacific region. Like LCI, Singapore Commercial Leasing is a member of the Libra Group. The Singapore based operation will be led by Nigel Leishman in the role of Vice President Marketing.
Leishman, 40, joins the company from AWAS where he was Vice President Sales, based in Singapore, working with airlines throughout Asia. He was previously Customer Marketing Director for Airbus Industrie, based initially in Toulouse and then in Sydney, where he was responsible for its marketing activity throughout the Pacific region.
The new Singapore office comes soon after the acquisition of a Boeing 747- 400F on lease with Singapore Airlines Cargo. The aircraft, which was manufactured in 1997 and previously owned by Icelease, is on an 8-year operating lease with the Singapore-based carrier.
Crispin Maunder, Chief Executive Officer of LCI, says: “This presence in Singapore underlines our commitment to the Asian market and is an integral part of our growth strategy. We are pleased to welcome Nigel to our team to spearhead that growth from Singapore.
“We have completed many transactions in the exciting Asia Pacific market, the latest of which is our lease agreement with Singapore Airlines Cargo. We look forward to a long association with them,” he added.
Nigel Leishman says: “I’m delighted to be supporting LCI’s business in the dynamic Asia-Pacific region, and look forward to developing relationships with carriers throughout the region.”