Aircraft leasing company operates in helicopter, fixed-wing, and AAM markets around the world.
LCI is a commercial aircraft and helicopter leasing company with offices in Dublin, London, and Singapore. Since its founding in 2004 by the Libra Group, LCI has undertaken more than US$8 billion worth of transactions in the fixed-wing, helicopter, and advanced air mobility markets and provided leasing services to airlines, freight carriers, and helicopter operators.
The company currently operates a mixed fleet of over 140 helicopters and fixed-wing aircraft, with an additional 125 on order. Its past and present customers include leading helicopter operators such as Babcock and major airlines including British Airways, Air France, and Singapore Airlines.
In addition to supporting its customers, LCI’s management team works closely with aircraft OEMs and engine manufacturers as well as major financial institutions to best support the needs and budgets of its customers.
LCI broke into the rotary-wing aircraft sector in February 2012, when it signed a $400 million contract for the purchase of a fleet of Leonardo helicopters on a five-year delivery schedule. The contract opened new markets to aviation leasing around the world.
LCI’s total helicopter fleet comprises delivered, ordered, and managed aircraft, including the Airbus H130, H135, H145, and H175; Bell 214; Leonardo AW139, AW169, and AW189; and Sikorsky S-76C and S-92A. The fleet operates across five continents and regions: Asia, Australasia, Africa, Europe, and North America.
Recognizing the potential of a booming future electric vertical takeoff and landing (eVTOL) aircraft market, LCI signed an agreement with Beta Technologies in April 2022 to acquire up to 125 of Beta’s Alia-250 eVTOL aircraft. Under the terms of the agreement, LCI will initially obtain 50 Alia-250s, with an option for up to 75 more. The aircraft are currently under development at Beta’s headquarters in South Burlington, Vermont.
The Alia-250 is engineered to produce zero operational emissions, with a maximum range of 250 nm, and is designed to carry five passengers and a pilot or 1,400 lb. (635 kg) of payload. The aircraft is designed to provide sustainable solutions for a wide range of applications, including cargo, medical, and passenger point-to-point operations. Beta is also developing charging infrastructure to support the aircraft, as well as electric ground vehicles.
LCI’s parent company, the Libra Group, is a private international business group whose subsidiaries own and operate assets in more than 50 countries. In addition to aviation, the company focuses on the renewable energy, shipping, hospitality, real estate, and diversified investments sectors.