Tuesday, August 11, 2015
Waypoint Secures S-92 for Brazilian Offshore Transport
Global helicopter lessor Waypoint Leasing has closed its second transaction with Líder Taxi Aereo, provider of helicopter services to the Brazilian offshore energy industry. The transaction included the purchase and leaseback of a Sikorsky S-92 helicopter. According to Líder CEO Eduardo Vaz, the company relies on leasing "to add strength and diversity" to its fleet financing. Waypoint continues to offer helicopters for leasing to offshore transport providers as an alternative to purchasing airframes outright. The company showcased its next-generation rotorcraft specifically for the offshore role at Heli-Expo 2015. Following the downturn in crude oil prices, which fell from $100 per barrel at the end of 2014 to roughly $50, offshore transport providers worldwide have faced decreasing demand, resulting in layoffs at major operators such as Bristow and CHC.