Lease Corporation International (LCI), the aviation division of the Libra Group, has reported 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 Services (EMS) operations.
This latest announcement reinforces LCI’s long-held strategy of curating a balanced and diverse portfolio, with a majority of leases in the EMS market.
The three new AW139 aircraft will be delivered to Kingwing throughout the second half of 2018 and will be deployed on Kingwing’s rapidly expanding EMS network throughout China.
Helicopter-based EMS operations are experiencing rapid growth in China following recent easing of airspace restrictions, with Kingwing being the country’s largest provider and its third largest helicopter operator overall.
To meet this increasing demand, LCI has established a new company based in the Tianjin Free Trade Zone DFTP Area to enable it to provide the highest quality service to its Chinese customers and to spearhead the growth of its leasing business in China.
