LCI AND SMFL CELEBRATE AWARD FOR SOCIAL LOAN INNOVATION

– Industry recognition for LCI and SMFL’s innovative framework which taps into US$1.6 trillion sustainable finance market –

1st February, 2024: LCI, a leading aviation company, and Sumitomo Mitsui Finance and Leasing Company Limited (SMFL), have received the prestigious Airline Economics ‘Editor’s Deal of the Year for Innovation Award’ for their pioneering Social Loan Framework.

The award was received by LCI and SMFL at the 2024 Aviation 100 Awards, as part of the Airline Economics’ Annual Conference in Dublin.

It recognises the Social Loan Framework agreement, that was launched by LCI and SMFL in 2023, as a vital financial innovation that is bringing the first ever social loans to the helicopter leasing sector.

The Framework, which established in accordance with the internationally agreed Social Loan Principles developed in 2023 by the Loan Syndications and Trading Association (LSTA)(1), and holds the highest rating of “Social 1(F)” from the Japan Credit Rating Agency.

It requires funds to be used for eligible and verified Social Projects, which in LCI’s case will include search and rescue and emergency medical services.

Alan O’Rourke, CFO of LCI, said: “We are honoured to have received this prestigious award, and are delighted that the innovation and social impact we are bringing to the helicopter market is being recognised. This will help grow the use of sustainable finance in this very dynamic sector, and we look forward to driving forward the use of social loans with our partners across the banking sector.”

The Framework is an integral part of LCI’s Environmental, Social, and Governance (ESG) programme, and reflects SMFL’s long term commitment to the UN’s Sustainable Development Goals as part of the company policy ‘The SMFL Way’.

LCI is also a signatory of Aircraft Leasing Ireland’s (ALI) Sustainability Charter, with a commitment to driving forward and achieving ESG related goals, centred around 10 priority sustainability principles, including a commitment to achieving net zero by 2050.

– Ends –

Notes to Editors:

(1) Social Loan Principles (SLP), Loan Syndications and Trading Association

About LCI:

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 who also own 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 / Simon Wheale

LCI

Tel: +44 (0)7884 187297 

E-Mail: lci@pembrokeandrye.com

LCI LAUNCHES LCI ANALYTICS, A NEW RESEARCH AND ADVISORY DIVISION

– New, independent division will focus on mission critical rotorcraft and advanced air mobility operations across sectors including energy, EMS and SAR –

24 January, 2024:  LCI, a leading aviation company, has launched a new independent division dedicated to high quality advisory, consultancy and research services.

LCI Analytics will initially cover mission critical rotorcraft and advanced air mobility operations across sectors including energy, emergency medical services (EMS), and search and rescue (SAR).  It will publish regular, in-depth research and forecasts, and leverage its in-house knowledge, experience, and computing power to deliver actionable, real-time insights from big data.

It will also deliver bespoke advisory, consulting and forecasting services to stakeholders such as governments, developers, manufacturers, operators and investors.  These insights will have applications in market research, business planning, fund-raising and M&A.

Steve Robertson, a respected energy sector economist with a background in commercial and strategic market consulting and research, will lead the new division as Managing Director.

Jaspal Jandu, CEO of LCI, says: “The aviation and energy markets are increasingly being driven by the forces of efficiency, sustainability, and scalability.  Advances in STEM disciplines, computing power and analytics will play a key role in the transportation and logistics networks of the future.

“The creation of LCI Analytics supports our core belief in sustainable innovation and growth. With his proven track record in this field, I am confident that Steve Robertson will quickly establish LCI Analytics as a reputable and trusted source of insight.”

LCI Analytics will combine millions of flight data points from proprietary and third-party sources, and will operate one of the largest private networks of ADS-B (Automatic Dependent Surveillance–Broadcast)(1) flight tracking receivers worldwide.

It will use this data to track and benchmark key metrics such as supply, demand, costs, and emissions, and will identify future hotspots.  Applications include new advanced air mobility networks, and also the growing logistical operations around offshore wind farms.

Steve Robertson, Managing Director of LCI Analytics, says: “LCI is a proven and reputable aviation business, and the opportunity to work with them to establish a new research and advisory consultancy is an exciting one.

“LCI Analytics’ deep understanding and detailed coverage of traditional and new energy markets, such as offshore wind, will enable us to deliver unique insights to help our clients make informed and data-driven decisions. We start this new journey with the added experience of hundreds of successful consulting projects, industry-leading published reports, and support work on public and private transactions totalling tens of billions of dollars.”

Prior to joining LCI, Steve was the Founder and Principal of research and consulting firm Air & Sea Analytics. Before that, he spent 17 years at an energy-sector research and consulting business Westwood Global Energy in a number of roles including Director and Board Member.

The launch of LCI Analytics follows the acquisition of a 35% stake in LCI by Sumitomo Mitsui Finance and Leasing Co., Ltd. (SMFL) in 2023.

– Ends –

Notes to Editors:

(1) Automatic Dependent Surveillance–Broadcast (ADS-B) is an aviation technology in which an aircraft (or other airborne vehicles such as drones approved to fit “ADS-B Out”) determines its position via satellite navigation or other sensors and periodically broadcasts its position and other related data.

About LCI:

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

About LCI Analytics:

LCI Analytics is the independent advisory, consulting and research division of LCI, and delivers insights about the mission critical rotary, energy and advanced air mobility markets. For more information, visit www.lci-analytics.com

For more information, please contact: 

Charlie Hampton

LCI

Tel: +44 (0)7884 187297 

E-Mail: lci@pembrokeandrye.com