The Libra Group is an international business group owned by the Logothetis family with subsidiaries active across six continents. It is focused on six sectors: aviation, renewable energy, shipping, hospitality, real estate, and diversified investments. With a commitment to responsible business, the Group is committed to promoting the principles of environmental, social, and governance (ESG) in everything we do.
Recently we have again invested at scale in the transportation sector. Our aviation leasing business has acquired aircraft with a value exceeding $8 billion since its inception. In November 2007, and then again in 2014/15, we sold the majority of our aircraft fleet and embarked on large-scale fleet renewal process, most recently investing in a substantial fleet of modern helicopters. During the recent market downturn our shipping company, Lomar, has acquired over 125 vessels, including orders for over 35 all-new fuel-efficient ships.
Our residential and commercial real estate interests are global and include ownership of more than 5.8 million square feet, developed and under development, including a portfolio in many of the world's leading economic hubs such as Los Angeles, Miami, New York, London, Athens, Singapore and Bangkok. Our hospitality interests, including those under construction, comprise approximately 50 hotels, with many of them featuring critically-acclaimed spas and restaurants.
Our energy interests that began with solar and wind parks in the Mediterranean have now expanded globally. Our energy companies in the Americas have developed and operated multiple solar and wind generation projects. The group also has experience in biogas production, clean power generation and waste-to-energy based fuels.
Our current diversified interests include a media production and distribution company in Los Angeles and a leading Greek manufacturer of natural sleep products and sustainably sourced mattresses.
Because Libra is a family business, we hold dear to family values but we also encourage diversity and initiative. Each Libra Group business exercises a considerable degree of autonomy. We believe that local experience and insight aids confident investment decisions and ensures operational efficiency.
Our nine social responsibility initiatives include the Libra Internship Programme that was founded in 2011 and has placed several hundred talented young people with the Libra Group and its subsidiaries around the world. Other educational support includes the McCain Institute's 'Next Generation Leaders Program', MBA students at the Athens University of Economics and Business and research fellowships at Johns Hopkins University School of Medicine. We are a founding sponsor of President Obama's My Brother's Keeper initiative which aims to eliminate opportunity and achievement gaps for boys and young men of colour.
Other community and philanthropic activities include: Envolve, a global entrepreneurship support organization that seeks to cultivate the next generation of business leaders; Concordia – we are the founding sponsor of this non-profit organization that promotes public-private partnerships; and Seleni Institute, a New York-based organisation that addresses women's mental health.
LCI-fixed wing reentry
LCI has re-entered the fixed wing market with the acquisition of an Airbus A330-300 commercial aircraft.This latest investment p rogramme builds upon LCI’s 17-year track record in the fixed wing market during which it has carried out more than 120 passenger and freighter aircraft transactions worth over US$7 billion.
Concordia: Remarks by Vice President Joe Biden
Libra Group's Greenwood Energy is a cleantech energy company for Latin America with offices in Panama City, Panama and Barranquilla, Colombia, seeking to underpin reliable and sustainable energy provision in developing economies.
Aria Hotels announces Cape Kitries Apartments
Aria Hotels expands in the Peloponnese following the success of its six properties in Kardamili. The company that specializes in authentic Greek hospitality has added Cape Kitries, a collection of three seafront apartments, to its portfolio. Near Kalamata...
Our social responsibility programs
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Joint sea rescue
A helicopter in the LCI fleet joined the Trinidad Trader in the Lomar shipping fleet to stage a dramatic and unique rescue mission off the Australian coast in December, responding to the mayday distress call of two stranded sailors...