LCI acquires 19-helicopter portfolio

LCI, a leading aviation company and a subsidiary of the Libra Group, has announced the acquisition of a portfolio of 19 helicopters from Lobo Leasing, alongside RIVE Private Investment and Turning Rock Partners.

The portfolio is valued at over US$115 million (£94 million) and comprises helicopters from leading manufacturers including Airbus Helicopters, Bell, Leonardo and Sikorsky. The acquisition will see LCI continue to diversify its fleet, increase its customer base and expand its geographical reach. Eight of the aircraft are currently placed on lease in South America, with the remainder in Europe and Africa, and will bring the total number of countries served by LCI’s assets to 28.