All stakes in Irish helicopter lessor in one hand
Libra Group, the parent company of Dublin-based aircraft lessor LCI, has acquired the minority interest in LCI Helicopters held by global investment firm KKR.
Libra Group chairman and CEO George Logothetis: "We are proud of what LCI has achieved and look forward to being fully invested in LCI’s future as the global market for helicopter deployment looks set to increase, and fixed wing aviation is on the road to recovery."
LCI’s rotorcraft fleet is focused on the latest technology medium and super medium helicopters manufactured by leading helicopter OEMs including Leonardo, Airbus Helicopters and Sikorsky.
These are in operation on four continents in multiple sectors including emergency medical services, offshore wind, search and rescue, maritime pilot transfer and energy sector transportation. (ah)