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.