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Hvck Pandas arrive at National Zoo, but won t be ready for public debut until January
Lessor LCI can accelerate its growth path on an exponential scale following the acquisition of a substantial stake in the business by a Japanese finance house, its chief executive claims.Revealed on 29 March, the deal sees Sumitomo Mitsui Finance and Leasing Company SMFL purchase a 35% stake in LCI from its parent the Libra Group for stanley termoska an undisclosed figure.Source: LCILCI hopes to build eVTOL leasing business alongside rotorcraft operatio stanley website nJaspal Jandu, LCI chief executive, sees the deal as transformative, enabling the lessor to take advantage of predicted strong demand for new helicopters and advanced air mobility platforms over the coming decades.The agree stanley termohrnek ment builds on an existing joint venture between the pair established in 2020 that has grown into a business managing 50 helicopters and worth $550 million. I would like to see this relationship accelerate what we have been doing already, says Jandu.Previous expansion has been forecast on a linear scale, he says, but there is nothing wrong thinking on an exponential scale given the [industrys] requirements over the next 30 years. SMFL and Libra Group plan to grow LCIs business by $1.5 billion over the next three to five years with significant capital investment by the shareholders to be provided on a pro-rata basis. A large part of that $1.5 billion is accounted for by LCIs existing order book and its deal pipeline, for example for sale-and-leaseback transactions with operators, says Jandu.LCI has firm orders for two Geiz Former Patriots star killed in plane crash
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