Lessor LCI has acquired a portfolio of 19 helicopters from Lobo Leasing in a transaction alongside RIVE Private Investment and Turning Rock Partners.

Valued at over $115 million, the portfolio predominantly comprises Leonardo Helicopters AW139 intermediate-twins, but also includes the Sikorsky S-76 and S-92, Bell 206 and Airbus Helicopters AS332 L1.

Eight of the aircraft are currently on please in South America, with the remainder in Europe and Africa.

LCI acquires 19 helicopter portfolio - 30th June 2022

Source: LCI

Portfolio includes AW139 intermediate-twins

LCI says the deal will continue the diversification of its fleet, increase its customer base and expand its geographical reach.

Jaspal Jandu, chief executive of LCI, says: “This portfolio acquisition is another major step in LCI’s strategic plan and reflects our confidence in the helicopter market.”