LEVL Leasing Limited, a joint venture between Lobo Leasing Limited and EMP Structured Assets GmbH, closed a 50-million euros sale and leaseback transaction of six Airbus H145D2 and D3 helicopters with Avincis, Europe’s largest aerial emergency services operator.
All of these helicopters are now being operated on long term emergency medical support (EMS) contracts in different regions of Italy.
The transaction forms an important part of the leasing platform’s ongoing deployment of committed equity funding into European environment, social and governance (ESG)-related operations.
According to Dan Roberts, CEO at Lobo Leasing: “We are very satisfied to be able to successfully support Avincis with this key transaction which came together in an incredibly short timeframe as a result of focused and professional work from all involved.”
Simon Chartres, group fleet director at Avincis, said: “We are pleased to create a new long-term partnership with Lobo with the addition of these well-equipped EMS helicopters. Avincis performs critical, life-saving EMS services throughout Europe, and these aircraft, along with our world-class personnel, help make that mission possible.”
Ulf Hüttmeyer, executive vice president of EMP Structured Assets, commented: “This is a big milestone for LEVL, deploying additional equity for helicopters performing life-saving missions on long-term leases with a leading European operator. We are looking forward to further developing our relationship with Avincis from this strong basis and continue supporting their EMS operations across Europe.”
