Rotorcraft
Macquarie Rotorcraft To Be Absorbed into Larger Lessor
Company and its 120 helicopter fleet will become part of a larger concern
SMFL and LCI executives posing by helicopter
(l) Shinichiro Watanabe, Sumitomo Mitsui Finance & Leasing senior managing executive officer, and LCI Investment CEO Jaspal Jandu have acquired helicopter leasing provider Macquarie Rotorcraft with plans to make it part of a even larger global leasing platform. © SMFL LCI Helicopters Limited

Global helicopter leasing firm Macquarie Rotorcraft Limited (MRL) was sold to SMFL LCI Helicopters (SMFLH), a joint venture formed in 2020 between Sumitomo Mitsui Finance & Leasing (SMFL) and LCI Investment. Terms of the purchase were not disclosed.

Established in 2013, MRL has a fleet of approximately 120 helicopters that operate in the offshore transport, aeromedical, search-and-rescue, and utility sectors. Under the new organization, which will be managed by Libra Group subsidiary LCI, the company expects that number will increase to more than 300 aircraft, including those in SMFLH’s fleet. SMFLH has focused on midsize twins such as the Leonardo AW139 and AW169, as well as the Airbus Helicopters H145.

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