Helicopter lessor LCI, 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 helicopter with financing arranged from new partner, Investec. The state-of-the-art aircraft is being placed with a leading European provider of B2B helicopter services on a long-term lease. LCI has also concluded an asset-backed financing arrangement for one of its fleet of Leonardo AW189 helicopters in a transaction with new financial partner Grupo Santander for an aircraft valued at over US$15 million. The aircraft is currently on a long-term lease to a European operator.
This start to the new decade follows 2019 in which LCI concluded over US$400 million of financing and refinancing arrangements. LCI’s fleet now comprises of approximately US$1 billion of assets in service, on order and under management, focused on the latest technology medium and super medium helicopters manufactured by leading helicopter OEMs including Leonardo, Airbus and Sikorsky
