LCI leases first aircraft in China

LCI leases first aircraft in China

Lease Corporation International (LCI), the aviation division of the Libra Group, has leased three EMS configured Leonardo AW139 aircraft to Shanghai Kingwing Aviation Co.

Lease Corporation International (LCI), the aviation division of the Libra Group, has leased three EMS configured Leonardo AW139 aircraft to Shanghai Kingwing Aviation Co. This is the first time the company has leased its helicopters to China.

The aircraft are due to be delivered throughout the second half of 2018 and the move represents a larger growth of the HEMS market in China due to easing of airspace restrictions. Kingwing is currently China’s largest HEMS provider, and third largest helicopter operator overall.

“China is a market with enormous growth potential in civil helicopter operations, and we are honoured to partner Kingwing in the development of its innovative and entrepreneurial approach to the provision of EMS services in China,” said Michael Platt, CEO of LCI.

LCI has also established a new company based in the Tianjin Free Trade Zone DFTP Area to help to meet the need to its new Chinese customers.

“We are delighted to be working with LCI to introduce new AW139 helicopters with life-saving capabilities to our rapidly growing network,” said Zou Jianming, President of Kingwing. “LCI is already proving its ability to deliver quick execution and high efficiency using their extensive operational knowledge and structuring capabilities to support us in meeting our long-term objectives. This partnership will help both parties to reach a higher level in the Chinese market.”