The infrastructure asset manager has acquired control of the Dublin-based lessor on behalf of its mobility fund and mandate clients.

The sale and leaseback transaction came together in an incredibly short timeframe, paving the way for enhanced helicopter EMS operations across Europe.

Helicopters from four OEMs form part of a $115m acquisition by LCI as it diversifies its fleet, increases its customer base and expands its geographical reach. Eight are placed on lease in South America.