Press Releases

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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 …

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 …

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…

LCI Orders 20 Bombardier CSeries Jetliners

LCI announced today that it has signed a firm agreement with Bombardier Aerospace for the purchase of three CS100 and 17 CS300 jetliners. LCI, which also took options on a further 20 CSeries aircraft, is a privately owned aircraft leasing company tha…