Agreements

Airbus signs agreement for six H175 helicopters with LCI

Airbus signs agreement for six H175 helicopters with LCI.
The H175 is a record-setting helicopter, establishing a time-to-climb record of 6,000 meters in 6 min.

The agreement provides for a further four options and builds upon LCI’s previous order for new H175s.

Airbus has recently announced to have received an order for two H175 super-medium helicopters along with future options for four more helicopters from LCI aviation company, a subsidiary of the Libra Group. The total value of all six aircraft combined is US$125 million. The initial order is for two confirmed aircraft with the first H175 which is to be delivered to LCI in late 2023. The agreement also provides for a further four options and builds upon LCI’s previous order for new H175s.

Jaspal Jandu, CEO of LCI said, “The Airbus H175 is a versatile, multi-purpose helicopter and this order will help to maintain the breadth of LCI’s product offering. This latest chapter in our partnership is an important element of LCI’s long-term growth strategy, and demonstrates our confidence in the helicopter leasing market.”

The H175 first entered service in 2015 with features such as long-range capabilities with smooth flight qualities, excellent payload, and cabin comfort. It is a highly versatile, super-medium aircraft that can operate in a range of different configurations.

“LCI is a longstanding and valued Airbus partner. As a leading lessor and operator of Airbus helicopters, their renewed commitment to the H175 demonstrates the strength of the marketplace and its post-pandemic recovery.”, said Bruno Even, CEO of Airbus Helicopters.

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LCI’s fleet currently includes over 50 Airbus helicopters and fixed wing aircraft. They are deployed by 14 operators in 10 countries across the globe on a range of missions including emergency medical services, search and rescue and offshore wind. Since its inception in 2004, LCI has undertaken in excess of US$8 billion of transactions in the aviation markets.