Newsletter #287 | News
Waypoint Leasing Signs Purchase and Leaseback Agreement with Bristow Group Inc
Bristow purchase and leaseback three AgustaWestland AW139 helicopters from Waypoint Leasing to operate offshore in crew change and limited Search and Rescue roles, on long-term contract in Guyana.
Waypoint Leasing, March 08, 2016 - Waypoint Leasing (Ireland) Limited, the largest independent global helicopter leasing company, today announced that it has closed a multi-aircraft agreement with Bristow Group Inc. for the purchase and leaseback of three AgustaWestland AW139 helicopters.
All three helicopters will operate offshore in crew change and limited Search and Rescue roles, on long-term contract in Guyana.
“We are pleased to announce yet another lease transaction with Bristow, and appreciate the opportunity to provide leasing solutions to one of the leading offshore helicopter operators in the world,” said Waypoint CEO Ed Washecka. “We deeply value our partnerships and are proud to support Bristow’s continued success while furthering our own expansion in Latin America.”
Waypoint’s portfolio includes more than 120 aircraft with total assets in excess of $1.5 billion. Waypoint’s fleet operates for 16 customers in 27 countries. Additionally, Waypoint has firm and option orders with aircraft manufacturers for more than 125 helicopters valued at more than $1.7 billion, to be delivered over the next five years.
About Waypoint Leasing (Ireland) Limited: Waypoint Leasing is a global helicopter leasing company that provides operating lease and financing solutions to helicopte r operators worldwide. Headquartered in Limerick, Ireland, Waypoint differentiates itself with a senior management team that has direct helicopter operating and leasing experience in key helicopter markets around the world, having leased helicopters across Africa, Asia, Australia, Europe, and North and South America.
Waypoint serves a wide range of sectors including oil and gas, emergency medical service, search and rescue, firefighting and governmental support. In addition to Ireland, Waypoint has offices in the United Kingdom, the United States, Singapore, and Brazil. Waypoint plans to open additional regional offices in Australia and South Africa in the second quarter of 2016. Further information is available at www.waypointleasing.com.
About Bristow Group: Bristow Group Inc. is the leading provider of helicopter services to the worldwide offshore energy industry based on the number of aircraft operated and one of two helicopter service providers to the offshore energy industry with global operations. The Company has major transportation operations in the North Sea, Nigeria and the U.S. Gulf of Mexico, and in most of the other major offshore oil and gas producing regions of the world, including Australia, Brazil, Canada, Russia and Trinidad.
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AgustaWestland AW139 in Bristow Caribbean