Finance, Taxes, Insurance
Levl Closes $54M Deal with EMS Operator Avincis
Lobo's joint venture leasing unit closed the deal with Europe's largest air ambulance operator
Airbus H145 helicopter (Photo: Lobo Leasing and Avincis)

Lobo joint venture Levl Leasing has closed a $54 million sale and leaseback of six Airbus H145D2 and D3 helicopters to European air ambulance operator Avincis. The helicopters are currently being operated on long-term air ambulance contracts in Italy. Levl, a Dublin-based joint venture between Lobo Leasing and EMP Structured Assets, has a portfolio of 26 aircraft deployed in EMS, search-and-rescue, and firefighting missions.

Avincis is the largest air ambulance operator in Europe and employs 2,400. Its global fleet of 200 aircraft operates from Spain, Italy, Norway, Sweden, Portugal, and Finland. It also has operations in Chile and Mozambique.

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