Waypoint Leasing enters US helicopter leasing market

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By admin February 13, 2015 21:03

Waypoint Leasing enters US helicopter leasing market

Waypoint Leasing (Ireland) has closed on a multi-aircraft agreement with RLC, the largest privately held helicopter operator in the Gulf of Mexico. The initial transaction includes the purchase and leaseback of 10 helicopters, including the Bell 407 and Bell 206L4, supporting near-shore shelf production of natural gas in the US Gulf of Mexico.
“This is a great opportunity for Waypoint to support one of the leading helicopter operators in the Gulf of Mexico, and marks a significant entrance for us into the US market, the largest helicopter market in the world,” said Ed Washecka, Chief Executive Officer of Waypoint. “We think there’s significant long-term demand in this region and look forward to supporting RLC as it continues to grow.”

Dru Mike, President and CEO of RLC said, “This transaction further solidifies RLC’s balance sheet and will allow us to support our growth initiatives in the coming years. Waypoint has the market expertise, flexibility and access to capital to close transactions quickly, allowing us to focus on our mission of being the industry’s most efficient and customer-focused operator.”

This transaction brings Waypoint’s portfolio to a total of 95 aircraft valued in excess of $1.1 billion and operating in 22 countries.

admin
By admin February 13, 2015 21:03