Contributor

Mark Huber

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.
“We are pleased to create a new, long-term partnership with Lobo with the addition of these well-equipped EMS helicopters," said Simon Chartres, Avincis group fleet director. "Avincis performs critical, life-saving EMS services throughout Europe, and these aircraft, along with our world-class personnel, help make that mission possible.”

Issues regarding financing of aircraft; aviation insurance; tax issues for aircraft operators; new companies and people in the aviation financing and insurance industries.

Levl Closes $54M Sale and Leaseback of H145s to EMS Operator Avincis

Lobo's joint venture leasing unit closed the deal with Europe's largest air ambulance operator

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.