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Tuesday, July 15, 2014

Waypoint: Assets Go Above $500 Million

Source: Waypoint Leasing

Waypoint Leasing has marked its first full year of operations and provided a business update to the market. The company’s fleet ranges from light single engine to heavy twin engine helicopters, and now includes more than 40 aircraft on lease delivered from AgustaWestland, Airbus Helicopters, Bell Helicopter and Sikorsky Aircraft Corporation, with total assets valued at more than $500 million. In late June, Waypoint received its fourth new AgustaWestland AW139 aircraft in 2014. In total, Waypoint currently has seven AgustaWestland AW139 aircraft in its fleet, and expects deliveries of the AW109, AW169 and AW189 in 2014 and 2015. 

Waypoint’s fleet of aircraft are leased to a broad range of helicopter operators worldwide to support oil and gas missions, as well as emergency medical services, search and rescue, firefighting, governmental support and other operations. Waypoint currently has aircraft on lease in 15 countries.

Additionally, Waypoint has firm and option orders with aircraft manufacturers for more than 80 helicopters valued at more than $1 billion at list prices, to be delivered over the next five years.  Waypoint’s growing fleet and robust order book facilitates maximum responsiveness and flexibility to accommodate the needs of its customers for in-demand aircraft.

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