LCI has agreed to acquire Nova Capital Aviation Ireland which owns Nova Capital’s twin-engine helicopters and fixed-wing aircraft. Nova Capital will keep its single-engine helicopter leasing portfolio. The acquisition means that LCI’s portfolio grows...
Aircraft lessor Nova Capital announced its 100th owned and managed aircraft bringing its total fleet value to $500m. This came following the award of a sale and leaseback facility for six new Airbus H145D3s...
2021, for many in the helicopter industry, has been a year of consolidation. As well as very good performance on the existing fleet, leasing services company Lobo Leasing also announced a management buy-out (MBO)....
Helicopter lease servicing company Lobo Leasing has completed a management buy-out. The company is now wholly owned by CEO Bill Wolf and chief operating officer Dan Roberts. Bill Wolf said: “Management ownership of Lobo...
There has been a decrease in supply of preowned twin-engine helicopters and stable retail transaction volume year-over-year, according to Aero Asset’s third quarter (Q3) 2021 Heli Market Trends report. “Year-to-date retail sales were stable...
Helicopter lessor LCI announced it has re-entered the fixed wing market with the acquisition of an Airbus A330-300 commercial aircraft. It was acquired by a joint venture between LCI and Marathon Asset Management. LCI...
“The industry absolutely needs consolidation,” Clark McGinn, principal, Uplifting Advice told Helicopter Investor in response to the news of CHC Group’s acquisition of Babcock’s oil and gas business. McGinn says there is no shortage of...
LCI and Sumitomo Mitsui Finance and Leasing (SMFL) are adding 12 helicopters to their joint venture. The 12 helicopters are worth $120m and are added to the existing $230m 19 helicopter joint venture which...
Helicopter leasing and financing company Milestone Aviation Group is to deliver three AW139 helicopters for offshore oil and gas missions to Thai Aviation Services (TAS); a privately-owned helicopter operator based in Thailand. The three...
Helicopter lessor LCI Aviation has raised more than $1bn of helicopter capital since 2019, according to the company. The figure relates to financings and refinancings through to June 30th, 2021, and covers a total...