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LCI

https://www.lciaviation.com/
Last activity: 08.11.2024
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Categories: CommerceDeliveryEnergyTechFinTechFreightInvestmentManagementMarketMobilityService
LCI is a privately owned aircraft lessor founded in 2004. Since its inception, LCI has undertaken more than US$8 billion of transactions in the fixed-wing, helicopter and advanced air mobility markets and provided leasing services to airlines, freight carriers and helicopter operators. These include leading airlines like British Airways, Singapore Airlines and Air France, and major helicopter operators such as Babcock.

LCI currently operates a fleet of over 140 helicopters and fixed-wing aircraft, with an additional 125 on order. Its highly experienced and well-connected management team works closely with aircraft and engine manufacturers and major financial institutions.

LCI’s long-held fixed-wing strategy of undertaking aircraft investments timed with market cycles includes its US$1 billion fleet divestment in 2007, and its US$4.8 billion fleet investment and divestment cycles from 2008 to 2020.

In February 2012, LCI signed a $400 million contract for the purchase of a fleet of Leonardo helicopters on a five-year delivery schedule, signalling its breakthrough into the rotary wing aircraft sector whilst opening new markets to aviation leasing.

In September 2021, LCI re-entered the fixed wing market with the acquisition of an Airbus A330-300 commercial aircraft. In December, LCI acquired Nova Capital Aviation (Ireland) Limited, a division of the Nova Capital Group, resulting in a substantial expansion of LCI’s leasing platform.

LCI signed an agreement with BETA Technologies in April 2022 to acquire up to 125 of their electric vertical take-off and landing (eVTOL) aircraft. LCI’s commitment for BETA’s ALIA-250 eVTOL aircraft will enable the company to sustainably support operations across the globe.

LCI’s parent company, the Libra Group, is a private international business group whose subsidiaries own and operate assets in over 50 countries. It is focused on six sectors: aviation, renewable energy, shipping, hospitality, real estate, and diversified investments
Followers
321
Followers
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Mentions
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Overview

Location
Ireland, Leinster, Dublin
Employees
51-200
Total raised
$135M
Founded date
2004

Funding Rounds 1

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Mentions in press and media 6

DateTitleDescription
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Nov 4, 2024BETA Technologies Raises More Than $300M in Equity FundingBETA Technologies, a South Burlington, VT-based electric aviation company, raised more than $300M in Equity funding. The round was led by QIA, with participation from Fidelity Management & Research Company, TPG Rise Climate, and United ...
Oct 17, 2024The Dawn of Electric Aviation: Beta Technologies Takes FlightThe skies are changing. Electric aviation is no longer a distant dream. It’s becoming a reality. Beta Technologies, a Vermont-based startup, is at the forefront of this revolution. They recently unveiled their passenger electric vertical ta...
Oct 17, 2024The Future of Flight: Beta Technologies and the Rise of Electric AviationIn the world of aviation, change is the only constant. The skies are about to get a lot greener. Beta Technologies, a Vermont-based startup, is leading the charge with its innovative electric vertical takeoff and landing (eVTOL) aircraft. T...
Oct 16, 2024Beta Technologies представила первый пассажирский электросамолетКомпания Beta Technologies представила следующий электрический самолет в своей линейке — версию вертикального взлета и посадки ALIA и самолетов с фиксированным крылом, которая перевозит пассажиров, сообщает TechCrunch. Электрические самолет...
Jan 11, 2023Elroy Air Autonomous Cargo VTOL Orders Top $2 Billion With New DealRendering of Elroy Air Chaparral autonomous hybrid electric vertical takeoff and landing cargo ... [+] drone. The South San Francisco company landed a deal to sell up to 40 to UK aviation company LCI. Elroy Air

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FAQ about LCI

When was LCI founded?

LCI was founded in 2004.

How much funding has LCI raised?

LCI has raised $135M in total across 1 funding round.

What has the press written about LCI?

Parsers VC has collected 6 articles mentioning LCI, among them “BETA Technologies Raises More Than $300M in Equity Funding” (Nov 4, 2024) and “The Dawn of Electric Aviation: Beta Technologies Takes Flight” (Oct 17, 2024).

Is LCI still active?

Yes, LCI is active; its latest activity on Parsers VC dates from Nov 8, 2024.