Lease Corporation International (LCI) is the Libra Group’s commercial aircraft and helicopter leasing division with offices in Dublin, London and Singapore. Within three years of its formation, it became the world’s largest privately owned aircraft lessor. Since its inception, the company has acquired aircraft with a value approaching $6 billion.
Market confidence in LCI's role in aviation leasing was endorsed by specialty finance firm KKR's $100 million minority investment stake in LCI's helicopter business in early 2014, demonstrating how its track record for considered cyclical investment coupled with the vision to break into new markets is a defining characteristic of its position in this sector. In 2012 LCI entered the helicopter leasing sector through a $400m order with Leonardo (formerly AgustaWestland). A further expansion of the helicopter fleet began in 2014 when KKR invested over $100m in LCI Helicopters (LCIH), taking a minority stake in the company. Today LCI has a fleet of approaching 60 helicopters, including a large order from Airbus Helicopters. LCIH is a launch customer for the AW169 market-leading helicopter.
LCI maintains a fleet of young, modern aircraft leased to some of the world’s leading airlines and helicopter operators. LCI’s fixed-wing customer list includes Singapore Airlines, British Airways and Air France, whilst its helicopters are leased to market leaders such as Babcock, Weststar, Air Medical Group and NHV.
The demand for helicopters in search and rescue, emergency medical services, law enforcement and offshore services is rising. LCI’s rotary wing fleet is deployed in diverse settings from oil exploration in the Gulf of Thailand to offshore services off the coast of Africa, to crew transportation in the North Sea.
“Aviation leasing is a dynamic market which requires detailed understanding and a truly flexible mindset.”Adamantios Tomazos,
Chief Operating Officer