LCI has signed the Sustainability Charter by Aircraft Leasing Ireland (ALI), the group representing the aircraft leasing industry in Ireland. Signatories are committed to driving forward and achieving environmental, social and governance (ESG) related goals, centred around 10 priority sustainability principles.
The aircraft leasing industry in Ireland manages more than $100 billion of assets, and a commitment to achieving net zero carbon objectives covers the pursuit of low carbon technologies such as SAF and hydrogen, a commitment to reuse and recycle, greater community engagement plus corporate ESG accountability and reporting.
LCI CEO Jaspal Jandu says: “Sustainability is integral to LCI and we are delighted to participate in the signing of this important and ambitious Charter. LCI is uniquely positioned across the commercial fixed wing, helicopter and advanced air mobility sectors and comprehends the need to take action now in order to prepare for the future. The journey to net zero has to be taken together, so we welcome the opportunity to shape it now.”
LCI assets operate on mission critical and socially responsible sectors such as EMS, SAR and offshore wind. LCI is committed to the latest technology aircraft with the lowest CO2 emissions in their class such as the Leonardo AW139 and the Airbus H175 helicopters. It is also a member of the Airbus Helicopters Sustainable Aviation Fuel forum.
In April 2022, LCI signed an agreement with Beta Technologies to acquire up to 125 of the company's eVTOL aircraft. The battery powered aircraft have zero operational emissions and will enable LCI to sustainably support mission critical operations across the globe.
The company has also sponsored Airlink, the philanthropic arm of the International Society for Transport Aircraft Trading (ISTAT), supporting individuals and institutions that promote the advancement of commercial aviation and humanitarianism. Its involvement plays an important role in bolstering Airlink's ability to respond to humanitarian disasters through a significant donation of unrestricted funds.