Busiest year for LCI

Lease Corporation International (LCI) is experiencing its busiest year to date, with its fleet, customer base and operations rapidly expanding.

The helicopter lessor now has 35 helicopters in its own lease portfolio, and expects to have a total of 40 in operation by the year end. The fleet is largely made up of Leonardo AW139, AW169 and AW189 aircraft.

A total of 18 new helicopters will be delivered to LCI this year. All helicopters have already been placed.

LCI has created six new positions because of the growth in the company. These include the recent appointment of Christopher Grainger as vice president Marketing for the EMEA region, along with five additional executives in the operational, legal and financial departures.

“2016 is without doubt turning out to be our most successful year to date.”

Crispin Maunder, executive chairman of LCI said: “2016 is without doubt turning out to be our most successful year to date. By carefully managing our order book, and ensuring a diversified approach to helicopter placement, we are seeing ever-increasing demand for the new medium sized helicopters entering our fleet.”

“We are currently taking delivery of at least one helicopter each month, and placing them in a variety of different roles, with EMS currently the fastest growing sector,” added Maunder.

LCI’s helicopter division comprises a fleet of 90 helicopters delivered or on order or under management, including the market-leading AgustaWestland AW139, AW169 and AW189 helicopters and next-generation Airbus Helicopters’ H175.

Terry Spruce

Terry is Senior News Editor and writes for both Corporate Jet Investor and Helicopter Investor. He is also responsible for our helicopter guides. Terry has been an aviation enthusiast since the early 1970s. He is a lapsed Private Pilot and ex-Piper Cherokee owner. He has flown a number of light aircraft and is comfortable sitting in the co-pilot's seat or the back of any aircraft. Before moving to journalism he was a banker for 20 years. You can contact him at: terry@corporatejetinvestor.com or follow him on twitter @Terry_Spruce

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