PRESS RELEASES
2023
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LCI AND U.S. PUBLIC PENSION FORM PIONEERING JOINT VENTURE
26th April, 2023: LCI, a leading aviation company, has launched a pioneering Joint Venture (“JV”) with a US Public Pension (“UPP”), and plans to build an aviation and helicopter por…
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Sumitomo Mitsui Finance and Leasing Co., Ltd. (SMFL) To Acquire Stake in Libra Group Aviation Subsidiary, LCI
SMFL, one of the world’s premier financial institutions, to acquire 35% of LCI. Libra Group and SMFL plan to grow business by US$1.5 billion with significant capital investments.
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LCI TO DELIVER TWO NEW AW139 HELICOPTERS FOR LEASE TO BABCOCK AUSTRALASIA
3 March, 2023: LCI, a leading aviation company and a subsidiary of Libra Group, is set to deliver two new Leonardo AW139 helicopters on long-term lease to Babcock Australasia (Babcock) in Australia in early 2024. The aircraft, which are valued at …
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LCI APPOINTS ALAN O’ROURKE AS CHIEF FINANCIAL OFFICER
1st March, 2023: LCI, a leading aviation company and a subsidiary of Libra Group, has appointed Alan O’Rourke to the position of Chief Financial Officer (CFO). O’Rourke was previously LCI’s Senior Vice President, Finance, based in the lessor’s Lon…
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LCI SIGNS AGREEMENT WITH ELROY AIR FOR A COMMITTED ORDER OF UP TO 40 CHAPARRAL VTOL AIRCRAFT
LCI a leading aviation company and a subsidiary of Libra Group, has signed an agreement with Elroy Air, developer of advanced autonomous cargo aircraft systems, to acquire up to 40 of the company’s Chaparral vertical take-off and landing (VTOL) air…
2022
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LCI PROMOTES TERRI FOLEY TO CHIEF OPERATING OFFICER
LCI, a leading aviation company and a subsidiary of the Libra Group, has promoted Terri Foley to Chief Operating Officer (COO) and General Counsel, effective immediately. Terri has a long-established career with LCI, having joined in 2008 as th…
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LCI SIGNS SUSTAINABILITY CHARTER WITH AIRCRAFT LEASING IRELAND
LCI, a leading aviation company and a subsidiary of the Libra Group, has today signed Aircraft Leasing Ireland’s (ALI) Sustainability Charter. Signatories are committed to driving forward and achieving Environmental, Social and Governance (ESG) r…
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LCI SIGNS AGREEMENT FOR UP TO SIX H175 HELICOPTERS FROM AIRBUS
LCI, a leading aviation company and a subsidiary of the Libra Group, has today announced an order for up to six H175 super-medium helicopters from Airbus, valued at over US$125 million. The order is for two confirmed aircraft with the first H17…
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LCI ACQUIRES NINETEEN HELICOPTER PORTFOLIO ALONGSIDE RIVE PRIVATE INVESTMENT AND TURNING ROCK PARTNERS
LCI, a leading aviation company and a subsidiary of the Libra Group, has today announced the acquisition of a portfolio of nineteen (19) helicopters from Lobo Leasing, alongside RIVE Private Investment and Turning Rock Partners. The portfolio is v…
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LCI AND SMFL DELIVER TWO NEW AW169 HELICOPTERS TO ALIDAUNIA FOR MISSION CRITICAL EMS OPERATIONS
LCI, a leading aviation company and a subsidiary of the Libra Group, and Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL), have delivered two new Leonardo AW169 helicopters from its joint venture leasing operation to the well-established…
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LCI SIGNS AGREEMENT WITH BETA TECHNOLOGIES FOR A COMMITTED ORDER OF UP TO 125 eVTOL AIRCRAFT
LCI, a leading aviation company and a subsidiary of the Libra Group, today signed an agreement with BETA Technologies (BETA), developer of a fully integrated electric aviation system, to acquire up to 125 of the company’s electric vertical take-off…
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LCI AND SMFL DOUBLE JOINT VENTURE FLEET TO US$420 MILLION IN TWO YEARS
LCI, a leading aviation leasing company, and Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL), have acquired and committed to a further five next generation helicopters. These additional aircraft bring their total Joint Venture (JV) p…
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LCI TAKES DELIVERY OF 100TH HELICOPTER ENGINE FROM PRATT & WHITNEY CANADA
LCI, a leading aviation leasing company, today announced that it has taken delivery of its 100th helicopter engine from Pratt & Whitney Canada. Pratt & Whitney Canada engines power many of LCI’s next generation helicopters. These include t…
2021
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LCI ACQUIRES NOVA CAPITAL AVIATION (IRELAND)
LCI, a leading aviation leasing company, today announces an agreement to acquire Nova Capital Aviation (Ireland) Limited, a division of the Nova Capital Group. Nova Capital Aviation (Ireland) Limited represents the twin-engine rotary and fixed-win…
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LCI DELIVERS TWO AW139 HELICOPTERS TO HELIGO
LCI, a leading aviation leasing company, has placed two Leonardo AW139 helicopters on long-term operating leases with its newest customer, Heligo Charters Pvt. Ltd. The state-of-the-art aircraft were recently delivered to Heligo’s base at Juhu Air…
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LIBRA GROUP ACQUIRES KKR’S INTEREST IN LCI
- Libra Group and LCI plan to accelerate aviation leasing, management and investment opportunities across a range of sectors and geographies - LCI, a leading aviation leasing company, today announced that its parent company, the Libra Group, has a…
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LCI RETURNS TO FIXED WING LEASING MARKET WITH AIRBUS A330 ACQUISITION
- Purchased under joint venture between LCI and Marathon Asset Management - LCI, a leading aviation leasing company, has re-entered the fixed wing market with the acquisition of an Airbus A330-300 commercial aircraft. This latest investment progr…
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LCI AND SMFL EXPAND HELICOPTER LEASING JOINT VENTURE WITH US$120 MILLION FLEET GROWTH
LCI, a leading aviation leasing company, and Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL) have acquired and committed to an additional twelve next generation helicopters within their helicopter leasing joint venture.The helicopte…
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LCI’S HELICOPTER FINANCING SINCE 2019 TOPS US$1BN
LCI, a leading aviation leasing company, today announced that it has raised over US$1 billion of helicopter capital since 2019. The figure relates to financings and refinancings through to the 30th June, 2021, and covers a total of 25 transaction…
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LCI LAUNCHES HELICOPTER CO-INVESTMENT VEHICLE WITH LCM PARTNERS
- COMMENCES WITH ACQUISITION OF TWO AW109 EMS HELICOPTERS - LCI has expanded its aviation leasing, investment and management platform with the formation of a new helicopter co-investment vehicle with LCM Partners. The vehicle has been launched wi…
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LCI PLACES TWO NEW AW109SPs WITH SLOANE HELICOPTERS FOR EMS OPERATIONS
LCI, a leading aviation leasing company, has placed two AW109SP helicopters on long term operating leases to undertake EMS (emergency medical services) operations with its newest customer, Sloane Helicopters. The two new Leonardo helicopters, whic…
2020
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LCI APPOINTS JASPAL JANDU AS NEW CEO
-Michael Platt becomes Vice Chairman and Praveen Vetrivel appointed CFO- LCI, a leading helicopter lessor and the aviation division of the Libra Group, has announced the promotion of Jaspal Jandu to Chief Executive Officer (CEO). Former CEO, Michael…
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LCI AND SUMITOMO MITSUI FINANCE AND LEASING (SMFL) LAUNCH LANDMARK US$230 MILLION HELICOPTER LEASING JOINT VENTURE
LCI, a leading helicopter lessor and the aviation division of the Libra Group, and Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL) have agreed to establish and operate a joint venture helicopter leasing business.The vehicle has launched…
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LCI LAUNCHES US$100 MILLION HELICOPTER CO-INVESTMENT VEHICLE WITH THORA CAPITAL, LLC AND RIVE PRIVATE INVESTMENT
LCI, a leading helicopter lessor and the aviation division of the Libra Group, has strengthened its leasing platform with the establishment of a new co-investment vehicle with Thora Capital, LLC. and RIVE Private Investment as partners. The transact…
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LCI charts 2020 growth with new financial partnerships
LCI, a leading helicopter lessor and the aviation division of the Libra Group, has sealed new partnerships with two leading financial institutions as it continues to grow its fleet. The lessor has just taken delivery of a Leonardo AW169 helic…
2019
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LCI LAUNCHES FIRST HELICOPTER CO-INVESTMENT VEHICLE
- Five helicopter investment vehicle valued at over US$100 million - LCI, a leading helicopter lessor and the aviation division of the Libra Group, has launched its first ever helicopter co-investment vehicle. The new helicopter ownership vehicle c…
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LCI SUCCESSFULLY CLOSES US$135M ASSET-BACKED HELICOPTER FACILITY
LCI, a leading helicopter lessor and the aviation division of the Libra Group, has successfully closed a new asset-backed helicopter facility in excess of US$135 million with a syndicate of five banks led by CIT Group Inc. as agent. The new facilit…
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LCI SUCCESSFULLY CLOSES US$75M FINANCING FACILITY LED BY CAIXABANK
LCI, the leading helicopter lessor and aviation division of the Libra Group, has successfully closed a new asset-backed helicopter financing facility in excess of US$75 million. The new facility, led by CaixaBank along with a consortium of financial…
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LCI HELICOPTERS ENHANCES ADVISORY BOARD WITH APPOINTMENTS OF MARK STEVENS AND ALEJANDRO KERSCHEN
LCI, the leading helicopter lessor and aviation division of the Libra Group, is growing the breadth of industry talent and experience within its organisation with the appointment of Mark Stevens and Alejandro Kerschen to its advisory board. The boar…
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LCI GROWS AUSTRALIA-BASED HELICOPTER FLEET
- Babcock AW139s transition from Scotland to Australia - - Over 40% of fleet now based in Asia Pacific region - LCI, the aviation division of the Libra Group, has grown its Australia-based fleet of helicopters to 14 Leonardo AW139s with the arr…
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LCI EXPANDS WESTSTAR RELATIONSHIP WITH ADDITIONAL HELICOPTER DELIVERIES
LCI, the aviation division of the Libra Group, has expanded its longstanding relationship with Weststar Aviation Services Sdn Bhd (Weststar) with the recent delivery of two additional helicopters on operating leases in Malaysia. Weststar, one of the…
2018
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LCI BOLSTERS ASIA OPERATION WITH APPOINTMENT OF CHRIS LLOYD AS VICE PRESIDENT MARKETING
Lease Corporation International (LCI), the aviation division of the Libra Group, has appointed Chris Lloyd as Vice President Marketing. He will be based at LCI’s Singapore office, with responsibility for the South East and North East Asian markets. …
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LCI STRENGTHENS ITS TEAM WITH MAJOR TECHNICAL AND LEGAL HIRES
LCI, the aviation division of the Libra Group, has further strengthened its operation with the appointments of John Gumulak as Technical Director and Eric Sherlock as Legal Counsel. These senior hires reinforce LCI’s position as a full-service leasi…
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LCI AW139 TRANSITIONS ACROSS CONTINENTS, CUSTOMERS AND ROLES TO LAND WITH ELITALIANA
LCI, the aviation division of the Libra Group, has today completed the transition of a Leonardo AW139 helicopter to enter service with Elitaliana S.r.l. (“Elitaliana”) in Italy. The helicopter, which is being converted for full emergency medical ser…
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LCI TO LEASE BOEING 747-400F TO ATLAS AIR
LCI, the aviation division of the Libra Group, today announces that it has entered into an agreement to place a Boeing 747-400F on a long-term lease with Atlas Air Inc., a wholly owned subsidiary of Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW). …
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LCI DELIVERS THIRD NEW EMS AW169 TO ELITALIANA
LCI, the aviation division of the Libra Group, has today delivered a third new Leonardo AW169 helicopter to Elitaliana S.r.l. (“Elitaliana”) in Italy, fully equipped for Emergency Medical Services (EMS) operations. The helicopter enters service with…
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LCI EXTENDS B747 FREIGHTER LEASE WITH ACT AIRLINES
LCI, the aviation division of the Libra Group, has today announced the long-term extension of the lease of one of its Boeing 747-400 freighters to ACT Airlines. Crispin Maunder, Executive Chairman of LCI, says: “We’re delighted to be extending our l…
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LCI PLACES FIRST HELICOPTERS IN CHINA WITH MULTI AW139 EMS LEASE TO KINGWING
LCI, the aviation division of the Libra Group, today announces its first helicopter lease in China with the placement of three new Leonardo AW139 aircraft with Shanghai Kingwing Aviation Co. (“Kingwing”), each configured for Emergency Medical Service…
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LCI EXPANDS CHC PARTNERSHIP WITH SECOND H175
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…
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LCIH CIT Prudential Term Loan
LCI PARTNERS WITH CIT AND PRUDENTIAL CAPITAL GROUP ON INAUGURAL CAPITAL MARKETS FINANCING 13 February, 2018 - LCI, the leading helicopter lessor and aviation division of the Libra Group, has closed its inaugural capital markets term loan financing, …
2017
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LCI RECEIVES FIRST AIRBUS HELICOPTERS H175 AND PLACES ON LEASE WITH CHC
LCI, the aviation division of the Libra Group, has taken delivery of its first Airbus Helicopters H175 aircraft and placed it on lease with CHC. The aircraft will be based out of Aberdeen, Scotland, supporting oil and gas production activities in …
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LCI Orders Nine Helicopters as it Takes Delivery of a Record Six Units in a Month
LCI, the aviation division of the Libra Group, and Leonardo have today announced an order for an additional nine helicopters. The order is valued at over US$120 million and covers the entire family of new generation helicopters - the AgustaWestland …
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LCI DELIVERS AW139 TO HELI-UNION
LCI, the aviation division of the Libra Group, has today announced the delivery of the first Leonardo AW139 helicopter to Héli-Union SA. The brand-new AW139 will be leased from LCI to support Héli-Union’s growing activities in Asia. France-based Hé…
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LCI TO LEASE THREE AW169 TO AIRLIFT
LCI, the aviation division of the Libra Group, today announces the lease of three Leonardo AW169 helicopters to Airlift, the Norwegian subsidiary of NHV Group. The three AW169s will be leased from LCI to support Airlift’s sea pilots transfer operati…
2016
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LCI TO LEASE THREE H130's to AVIATORS AIR RESCUE
Lease Corporation International (LCI), the aviation division of the Libra Group, has leased three Airbus Helicopters H130 aircraft to Aviators Air Rescue Pvt Ltd. The company, which is India’s first civil helicopter emergency service with advanced l…
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LCI DELIVERS FIRST AW169 TO ELITALIANA
LCI, the aviation division of the Libra Group, announces the delivery of the first Leonardo AW169 helicopter to Elitaliana SpA. The AW169 is the first of three such aircraft that will be leased from LCI to support to support Elitaliana’s emergency m…
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LCI EXPERIENCING BUSIEST EVER YEAR
LCI, the aviation division of the Libra Group, is experiencing its busiest and most successful year to date in 2016, with its fleet, customer base and operation all rapidly expanding. The leading helicopter lessor now has 35 helicopters in its own l…
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LCI Appoints Christopher Grainger to Lead EMEA Marketing Position
Lease Corporation International (LCI), the aviation division of the Libra Group, has appointed Christopher Grainger to the role of Vice President Marketing for the EMEA region. Mr Grainger joins LCI with 30 years’ experience in the civil helicopter i…
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LCI HELICOPTERS DELIVERS FIRST AW139 TO AUSTRALIA’S WESTPAC RESCUE HELICOPTER SERVICE
LCI, the aviation leasing arm of the Libra Group, has delivered the first new AW139 helicopter to Westpac Rescue Helicopter Service based in Australia. The aircraft is currently en route and will arrive at Westpac Rescue Helicopter Service’s ma…
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LCI INCREASES FREIGHTER FLEET AND SIGNS NEW DEAL WITH TURKEY’S ACT AIRLINES
LCI, the aviation leasing arm of the Libra Group, continues to increase its fleet of dedicated maindeck freighter aircraft. Two additional Boeing 747-400F aircraft are now flying for Qatar Airways and Saudia, Saudi Arabian Airlines, and are bei…
2015
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LCI Helicopters Places a Second Airbus H225 with CHC Helicopter
LCI, has concluded the sale-and-leaseback of a second Airbus H225 helicopter delivery to global helicopter operator, CHC Helicopter (“CHC”). The financing of the Airbus H225 is the second of two aircraft which were acquired by CHC in 2014. Valued i…
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LCI Places First AW169 Helicopter for Offshore Deployment with HeliService
LCI is to place a new AgustaWestland AW169 helicopter with leading German operator Heliservice International GmbH. It will be the first AW169 to be employed in support of its offshore operations. LCI Helicopters is the launch customer for the AW169 …
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LCI AGREES TWO MULTI-YEAR DEBT FACILITIES TO UNDERPIN AUSTRALIAN GROWTH
LCI, the aviation leasing arm of the Libra Group, has finalised two long-term debt facilities to support over US$200m of incremental fleet growth in Australia. Westpac Banking Corporation will act as sole lender, security trustee and agent to suppor…
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LCI TOUCHES DOWN AT HELITECH INTERNATIONAL 2015
LCI, the aviation leasing arm of the Libra Group, will be exhibiting at this year’s Helitech International 2015, Europe’s largest rotorcraft exhibition. With 21 countries represented, Helitech International provides an opportunity for LCI to engage …
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LCI HIRES MALCOLM MACGREGOR TO LEAD AMERICAS SALES AND MARKETING
LCI, the aviation leasing arm of the Libra Group, has hired Malcolm MacGregor to the new role of Vice President Sales and Marketing, Americas. Mr MacGregor recently joined LCI with over 20 years’ experience in the aviation sector. He was previously M…
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LCI Appoints Rory McQueen to New Capital Markets Position
LCI, the aviation leasing arm of the Libra Group, has appointed Rory McQueen to the newly-created role of Vice President, Capital Markets. Mr McQueen, 46, joins LCI with 25 years’ experience in the aviation finance sector, and was previously Head of…
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LCI Concludes First Islamic Finance Heli Deal
LCI, the aviation leasing arm of the Libra Group, has completed the world’s first secured helicopter PDP (“Pre-Delivery Payment”) funding under a unique Islamic finance structure. The innovative multi-year financing arrangement by LCI’s helicopter le…
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HAI Caps a Strong First Quarter for LCI Helicopters
LCI Helicopters touches down at the 2015 HAI Heli-Expo with new lessee customer commitments and expansions of its helicopter fleet to meet sustained growth in demand. Further announcements are planned for this week in Orlando, with the company at HAI…
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LCIH to Lease Second AW139 to Heliservice
LCI Helicopters, the helicopter leasing arm of the Libra Group, has entered into an agreement to lease a second new AgustaWestland AW139 to HeliService international, a leading provider of offshore services in the North Sea and Baltic regions, as it …
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LCI Helicopters to Manage New Fleet for SQN Capital Management
LCI Helicopters has entered into an agreement with SQN Capital Management, LLC (SQN), an independent asset manager headquartered in New York City, to manage a fleet of seven recently acquired helicopters. LCI Helicopters, the helicopter leasing arm …
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LCI Helicopters to Lease Six AW139s to Australian Helicopters
LCI, the aviation leasing arm of the Libra Group, has concluded an agreement to lease six new AgustaWestland aircraft to Australian Helicopters Pty Ltd, a member of the Babcock Mission Critical Services Group. The AW139s will be progressively delive…
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LCI Helicopters to Lease Four AW139s to Westpac Australia
LCI, the aviation leasing arm of the Libra Group, has entered into a multi-year agreement to lease four new AW139 helicopters to Australia’s Westpac Rescue Helicopter Service. The helicopters will be delivered in the second half of 2016 and, followin…
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LCI to Expand Helicopter Fleet with Further AgustaWestland orders
LCI, the aviation leasing arm of The Libra Group, has today committed to expand its helicopter fleet with firm orders for a further 11 AgustaWestland aircraft valued at US $125 million (€110 million). The new aircraft, which are converted from optio…
2014
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LCI Expand Fleet with all new AW189
LCI, the aviation leasing arm of the Libra Group, has become the first aircraft lessor to take delivery of the new state-of-the-art AW189 helicopter. The particular aircraft is being placed on long term lease with the AgustaWestland Training Academy…
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LCI to lease new AW139 to HeliService
LCI, the aviation leasing arm of the Libra Group, has entered into an agreement to lease a new AgustaWestland AW139 to HeliService international, the leading provider of offshore services, passenger and cargo transportation, polar flights and helicop…
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LCI boosts Singapore operation with appointment of Laurent Janitza
LCI, the aviation leasing arm of the Libra Group, has appointed Laurent Janitza as Vice President Marketing, based in the company’s Singapore office. Mr Janitza, joins LCI with 20 years’ experience in the aerospace sector, much of it in Asia, and wa…
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Angelo Raimondi Helicopter Advisory Board
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 Agust…
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LCI closes successful financing facility for $325m with additional $100m optional increase to buy more new aircraft
LCI, the aviation leasing division of the Libra Group, has successfully closed a five-year, US$325 million asset–backed credit facility for its helicopter-leasing arm LCI Helicopters. The facility was substantially over-subscribed resulting in an enl…
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LCI enters into new partnership with Indwe Aviation through AW139 helicopter
LCI, the aviation leasing arm of the Libra Group, has announced its new partnership with Indwe Aviation (Pty) in George, South Africa, through the long-term lease of an AW139 helicopter. The brand-new unit forms part of LCI’s multimillion dollar orde…
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LCI commits to approaching US$1b of new helicopter orders
LCI, the aviation leasing arm of the Libra Group, has this week unveiled commitments for up to 39 new helicopters worth around US$925 million and with further 2014 pipeline orders up to a total value approaching US$1 billion. The lessor’s helicopter…
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LCI orders 18 more AgustaWestland Helicopters
LCI, the aviation leasing arm of the Libra Group, has announced a further multiyear contract with AgustaWestland for up to a further 18 helicopters worth over US$280 million. The order comprises commitments for up to fourteen AW139 intermediate helic…
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LCI’s $645m Airbus Helicopters order as EC225e launch customer
LCI, the Libra Group’s aviation leasing arm, will acquire as many as 21 new Airbus Helicopters rotorcraft in a contract involving both the next-generation EC175 and the newly-unveiled EC225e. The total contract value is estimated in commercial terms …
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LCI and KKR Financial Holdings LLC Announce Strategic Investment in LCI’s helicopter Leasing Business
LCI, a Libra Group company, and KKR Financial Holdings LLC (NYSE: KFN) (“KFN”), a specialty finance company managed by a subsidiary of KKR & Co. L.P. (NYSE: KKR), today announced that they have entered into a definitive agreement under which KFN …
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LCI Takes Delivery of its Fifth AW139 for Bond Offshore
LCI helicopter division has taken delivery of its fifth AgustaWestland AW139 helicopter, and has placed the aircraft on lease with Bond Offshore Helicopters (Bond) in Aberdeen, Scotland. The delivery follows the agreement last year of a long term le…
2013
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LCI Delivers AW139 Helicopter to Thailand’s SFS Aviation
LCI, the aviation division of the Libra Group, has delivered a new AugustaWestland AW139 helicopter to SFS Aviation in Asia. SFS Aviation, the first operator of the AW139 in Thailand, has leased the helicopter as part of a medium-term commitment, an…
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LCI Appoints Mark Kelly to Lead Marketing Across EMEA Region
Experienced industry executive Mark Kelly has been appointed Vice President – Marketing at LCI. With a particular focus on the Europe, Middle East and Africa regions, he brings his combined years as a senior executive in the sector as well as his ext…
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LCI Helicopter Division Delivers 2 AW139′s to Weststar Aviation
LCI announces its delivery of two AgustaWestland helicopters to Malaysian operator Weststar Aviation Services in a longterm lease. The new AW139 helicopters, valued at over $30 million, will be initially operated under contract to Tullow Oil. They ha…
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LCI Helicopter Division Signs AW139 Lease with Avincis
LCI, the aviation division of Libra Group, the international business group, announces that it has entered into a long-term lease with the Avincis Group (Avincis), the world’s leading provider of mission critical services, for a new AW139 helicopter.…
2012
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LCI Strengthens Team with Appointment of Esteban Tripodi
– LCI has strengthened its senior management team with the appointment of Esteban Tripodi as Executive Vice President, Americas. Mr Tripodi, who joins LCI this week, will be based in the company’s New York office. Working across the marketing and ca…
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LCI Sets Up New Division with $400m Helicopter Fleet
LCI, the aviation division of global conglomerate the Libra Group, and AgustaWestland, a Finmeccanica company, have signed an agreement covering the purchase of a fleet of AW139, AW169 and AW189 helicopters for a new division being set up by the less…
2011
2009
2008
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Praveen Vetrivel joins growing team at LCI
Praveen Vetrivel has joined the growing team at LCI as the company’s Commercial Analyst. Vetrivel, 24, was previously with the UK aviation consultancy IBA Group, where he was an Aviation Analyst. An engineer by profession, he holds an Engineering De…
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LCI Appoints Martin Siegrist as VP Technical
LCI has announced the appointment of Martin Siegrist as Vice President, Technical. Siegrist, 45, was previously Vice President Engineering & Planning at Swiss International Air Lines. From 2000 to 2002, he was the Technical Director of Flightlea…
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LCI Expands Asia-Pacific Presence
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, Sin…
2007
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LCI Refreshes Aircraft Fleet
LCI, the global aircraft leasing company, has today announced a fleet renewal programme and has committed to acquire new aircraft worth around $750 million at list prices. This is the first phase of LCI’s new acquisition programme to maintain one of…
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2nd Boeing for Hong Kong Express
LCI, the global aircraft leasing company, has today concluded an agreement for the lease of the second of three Boeing 737-800 aircraft to Hong Kong Express Airways. The aircraft represent the first deliveries of new Boeing aircraft by LCI. This air…
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LCI STRENGTHENS MANAGEMENT TEAM
LCI, the global aircraft leasing company, has strengthened its management team with the appointment of Jaspal Jandu as Vice President, Strategic Marketing and Peter Davis as Vice President, Technical Operations. Jandu joins LCI from AWAS, where he w…