LCI Helicopters has entered into an agreement with asset manager SQN Capital Management to manage a fleet of seven recently acquired helicopters.
LCI Helicopters will provide a range of services to SQN including asset management, insurance, rent collection, maintenance oversight, inspections, and remarketing services.
Mike Platt, CEO of LCI, says: “We are very pleased to have the opportunity to offer SQN Capital Management the same high quality professional management services to manage their fleet as we employ for our own.”
SQN is also a registered investment advisor to institutional investors, specialising in alternative asset management. It provides investment advisory and portfolio management services to multiple private offerings, public direct participation programs, and a fund listed on the Main Market of the London Stock Exchange.
Michael Miroshnikov, Executive Vice President of SQN Capital, added: “LCI is a well-respected proven leader in aircraft asset management and we are pleased to place our assets in their capable hands to maintain and enhance the value of our fleet.”