LCI sponsors Helicopter Investor 2020 event
Bright days and the importance of good investment data
At the end of February, LCI, the aviation leasing division of the Libra Group, was the Lead Sponsor of Helicopter Investor London 2020. CEO Mike Platt forecasted brighter times ahead in his opening address, optimism that was broadly reflected in the lively and productive panel discussions which followed on. Exclusively dedicated to helicopter finance, transactions, and operations, the tenth annual event gathered together hundreds of senior executives and decision-makers with the most important operators, financiers, OEMs, leasing companies, appraisers, lawyers, and investors in the industry.
Participating in the forum 'Finding Debt and Investors' LCI's chief financial officer, Jaspal Jandu, said: “You need something to hang your hat on if you are investing in a market. You need something to tell you what will happen in five or 10 years and, for many, these are appraisers. In other markets like shipping, there is a lot of data out there. You can go to Bloomberg and see shipping values right now. We are a niche and it’s hard to find good data.”
As Helicopter Investor subsequently reported: 'The conference delegates appeared to agree. An audience poll revealed 83% of respondents believed there is a lack of value data for people looking to invest in helicopters. Additionally, in a separate poll, 74% of respondents thought that current appraisals did not reflect the reality of helicopter values.'
To read the full article at Helicopter Investor, click here.