Sumitomo Mitsui Investment Boosts Rotorcraft Lessor LCI

LCI eVTOL and helicopter fleet
Credit: LCI
Helicopter lessor LCI has been bolstered by investment from Japan’s Sumitomo Mitsui Finance and Leasing Co. (SMFL) SMFL is taking a 35% stake in Libra Group-owned LCI, and together they plan to grow LCI’s rotorcraft leasing business by $1.5 billion, the two companies announced March 29. The...

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