MICHAEL PLATT TO STEP DOWN AS LCI VICE CHAIRMAN
01 November 2023
1st November, 2023 - LCI, a leading aviation company, announces that Michael (Mike) Platt will be stepping down and retiring as Vice Chairman at the end of 2023. He will thereafter serve as a senior advisor to the company, working on a number of business innovation projects for LCI.
Mike joined LCI as Chief Executive Officer in 2009, and has served as its Vice Chairman since 2021. He has played an integral leadership role in LCI’s successful expansion and its unique position across the commercial fixed-wing, helicopter and advanced air mobility sectors. He developed a team of world class professionals and played a key role in bringing in strategic investors to the company.
After graduating from the University of Virginia School of Law, Mike began his career as a private corporate finance lawyer before joining the legal department at McDonnell Douglas Finance Corporation in 1987 where he received his first exposure to aircraft finance. In 1992, Mike joined ILFC as Corporate Counsel, eventually rising to Senior Vice President. While at ILFC, Mike was involved in the leasing and trading of hundreds of aircraft around the world, as well as the evaluation and purchase of new aircraft.
Mike joined Aircastle as Chief Investment Officer in 2007, before moving to LCI in 2009.
Mike served for many years on the ISTAT Board of Directors and served as ISTAT’s President from 2007-2009. Following his term as President, Mike served as a Trustee of the ISTAT Foundation Board where he was instrumental in helping create AirLink and the ISTAT University Programs.
Mike intends to remain involved part time in the aircraft finance industry through consulting assignments and other interesting opportunities.
LCI is grateful to Mike and is delighted that he will still be part of the LCI family as an advisor.
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Notes to editors
To download an image of Mike Platt, click here
LCI is a leading aviation company that is uniquely positioned across the commercial fixed-wing, helicopter and advanced air mobility sectors. Since its inception in 2004, LCI has undertaken approximately US$10 billion of aviation transactions and provides leasing services to operators, Governments and end-users.
LCI is owned by Libra Group (www.libra.com), a privately-owned international business group whose subsidiaries own and operate assets in nearly 60 countries and Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL) (www.smfl.co.jp). For more information, visit www.lciaviation.com
For more information, please contact:
Charlie Hampton / Faye Clarke
Tel: +44 (0)7884 187297