SMFL LCI, the joint venture of LCI and Sumitomo Mitsui Finance and Leasing, has placed a firm order for 14 Airbus helicopters, along with options for seven more. The orders are for a mix of light-twin H145s, medium-twin H160s, and super-medium H175s.

According to LCI, “The order marks the next phase of the pioneering Flight Path partnership between LCI and Airbus Helicopters, which aims to address the long-term capacity and financing requirements of the industry in a responsible manner.” Under the partnership, the companies committed to delivery of at least seven new-production Airbus helicopters by 2025.

Deliveries will take place through 2028, and the helicopters will be used for emergency medical services, search-and-rescue, and offshore oil and gas and wind energy services.

“The helicopter marketplace is facing a number of key capacity decisions as it looks to match supply with underlying demand requirements,” said LCI CEO Jaspal Jandu. “This order for up to 21 latest-generation helicopters reflects our combined determination to deliver solutions for operators and end users in a lasting, efficient, and pragmatic way.”