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LCI Signs Framework Agreement for up to 21 AW139/169/189

Leasing company LCI signs framework agreement with Leonardo for up to 21 (10 + 11 options) AW139, AW169 and AW189 helicopters which will collectively address renewal and replacement requirements

LCI’s fleet currently includes 77 Leonardo helicopters in operation in 20 countries in sectors such as Emergency Medical Services (EMS), Search and Rescue (SAR) and offshore wind energy





LCI Signs Framework Agreement for up to 21 AW139/169/189
LCI, February 22, 2024 - LCI, a leading aviation company, has announced a framework agreement for up to 21 of the latest generation helicopters from Leonardo, comprising of 10 firm plus 11 options.

The innovative new framework agreement covers the latest generation light-intermediate AW169, intermediate AW139 and super-medium AW189 helicopters, which will collectively address industry renewal and replacement requirements.

The new helicopters will be delivered through to 2028 and will be aimed at a variety of missions including Emergency Medical Services (EMS), Search and Rescue (SAR), offshore energy, including wind. The helicopters will be strategically allocated between LCI and SMFL LCI Helicopters, LCI’s joint venture with Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL).

They will offer superior performance, flexibility, and lower CO2 emissions than comparable types and other transportation modes, thereby helping operators to reduce their carbon footprint whilst maintaining mission-critical and life-saving operations.

In addition, they will be equipped with the latest suite of navigational and safety features and will also be cleared to use Sustainable Aviation Fuels (SAFs) in the future, leveraging the certification standards already obtained by Leonardo for SAF use.

Jaspal Jandu, CEO of LCI, says: “We are extremely pleased to extend our deep and long-standing relationship with Leonardo. The helicopter market is seeking to review, renew and replenish capacity in a disciplined and pragmatic way. We want to help customers, operators and end-users to grow sustainably whilst using some of the most modern, efficient and technologically innovative helicopters in the skies.”

These commitments build upon LCI’s decade long partnership with Leonardo during which it has already taken delivery of over 50 helicopters making it one of the manufacturer’s largest customers for new equipment.

Stefano Villanti, SVP Marketing and Sales of Leonardo Helicopters, said: “We are delighted to strengthen our long-standing partnership with LCI as they continue to rely upon our technology to meet multiple requirements in the market. This will bring greater efficiency to LCI’s customers and help them reduce their environmental impact whilst offering significant performance enhancements.”

LCI’s fleet currently includes 77 Leonardo helicopters in operation in 20 countries across the globe. Many are deployed on mission critical and socially responsible sectors such as EMS, SAR and offshore wind energy.

The new helicopters align with LCI’s long-term commitment to sustainable growth. LCI is a signatory of Aircraft Leasing Ireland’s (ALI) Sustainability Charter, with a commitment to driving forward and achieving responsibility goals, centred around 10 priority sustainability principles, including a commitment to achieving net zero by 2050.

About LCI : LCI is a leading aviation company that is uniquely positioned across the commercial fixed-wing, helicopter and advanced air mobility sectors. Since its inception in 2004, LCI has undertaken approximately US$10 billion of aviation transactions and provides leasing services to operators, Governments and end-users.

LCI is owned by Libra Group (www.libra.com), a privately-owned international business group whose subsidiaries own and operate assets in nearly 60 countries and Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL) (www.smfl.co.jp).


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IE LCI Aviation     Lease Corporation International
Leonardo




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