Global AirParts and LCI begin S-76 part out project

Global AirParts has begun a part out project with helicopter lessor, LCI. Global Airparts is a specialist provider of used, serviceable materials for Sikorsky S-76 helicopters, so far completing almost two dozen part outs of the four-bladed, 13-seat model.

Mike Pirang, founder and CEO of Global AirParts, said: “Given where values are for some helicopter types, smart asset owners can find a better return on their capital by having the aircraft disassembled and marketed for parts. This is all that we do.”

Working with aircraft it acquires as well as operator and lessor owned machines, Global AirParts efficiently disassembles and sells spare parts. The firm recently expanded its offerings to include the AW139 and says it is working to add other types to its inventory.

Mike Platt, CEO of LCI, said: “Global AirParts is a respected player in the helicopter sector, and they have brought their considerable experience to this project, and handled it with great skill and efficiency.”

LCI’s fleet comprises approximately US$1 billion of assets, focused on the latest medium and super medium helicopters manufactured by OEMs including Leonardo, Airbus and Sikorsky. Which are in operation across four continents in a variety of sectors including emergency medical services, offshore wind, search and rescue and oil-and-gas transportation.