Japan's Sumitomo unit to buy Macquarie's helicopter leasing arm

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Japan's Sumitomo unit to buy Macquarie's helicopter leasing arm

Sumitomo Mitsui Finance and Leasing said on Monday its joint venture will acquire Macquarie Rotorcraft, the helicopter leasing business of financial giant Macquarie's asset management arm.The Nikkei had reported the deal earlier in the day, valuing it at slightly over $1 billion.The unit of Japan'

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Sumitomo Mitsui unit to acquire U.K.-based helicopter lessor

TOKYO -- Sumitomo Mitsui Finance and Leasing will purchase U.K.-based helicopter lessor Macquarie Rotorcraft in a transaction valued at slightly over

Asian Aviation

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Sumitomo unit to acquire Macquarie Rotorcraft - Asian Aviation

Japan’s Sumitomo Mitsui Finance and Leasing announced it will acquire Macquarie Rotorcraft, the UK-based helicopter leasing business of financial giant Macquarie’s asset management arm. SMFL LCI Helicopters, SMFL’s helicopter-leasing joint venture with LCI Investment, will buy the Macquarie unit which has a fleet of about 120 leased aircraft. The companies plan to expand the aircraft fleet to about 310, with LCI Investment, the aerospace unit of…

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SMLF LCI Helicopters acquire Macquarie Rotorcraft - RotorHub International

SMFL’s Senior Managing Executive Officer, Shinichiro Watanabe, Senior Managing Executive Officer  (left) and LCI CEO Jaspal Jandu celebrate the acquisition of Macquarie Rotorcraft. SMFL LCI Helicopters Limited, a joint venture between Sumitomo Mitsui Finance & Leasing Co., Ltd. (SMFL)  and LCI Investment Limited (LCI),have announced that it has entered into an agreement to acquire Macquarie Asset Management’s helicopter leasing business Macquari…

avitrader.com

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SMFL and LCI joint venture to acquire Macquarie Rotorcraft

Sumitomo Mitsui Finance and Leasing Co., (SMFL) and LCI Investment (LCI) have announced that their joint venture helicopter leasing company, SMFL LCI Helicopters (SMFLH), has entered into an agreement to acquire Macquarie Rotorcraft Limited (MRL), the helicopter leasing business of Macquarie Asset Management. The financial details of the transaction remain commercially confidential. Founded in 2013, MRL is a global helicopter leasing firm with a…

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Helicopters for hire are in short supply due to the Russian war in Ukraine