Rotorcraft
LCI CEO Warns of Helicopter Demand 'Bow Wave'
CEO of helicopter lessor LCI says pent up demand will drive continued scarcity.
Digital rendering of LCI Airbus H175 in flight over city skyline
Helicopter lessor LCI CEO Jaspal Jandu says pent-up demand will drive continued scarcity in the helicopter market. (Photo: LCI)

According to LCI CEO Jaspal Jandu, the tight helicopter market requires OEMs, suppliers, owners, and operators to plan well in advance, significantly changing how the rotorcraft community does business. “For operators coming to us, [lead times] are increasing quite dramatically,” the leader of the global helicopter leasing company (Booth B2408) told AIN.

“Operators are speaking to us one, two, even two-and-a-half years in advance” of when they need a helicopter, he said, “looking at capacity requirements in 2024 and 2025.” And the competition for helicopters coming off lease can be intense. “We're seeing multiple operators and end-users bidding for the same aircraft. There is competition out there for relatively scarce resources.” Scarcity and rising interest rates are propelling lease rates upward, Jandu said. 

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