Bristow sells three AW139s to Waypoint on leaseback

Bristow sells three AW139s to Waypoint on leaseback 1 Mar, 16, Source: Waypoint Leasing

Waypoint Leasing (Ireland) Limited (“Waypoint”), the largest independent global helicopter leasing company, today announced that it has closed a multi-aircraft agreement with Bristow Group Inc. (“Bristow”) 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.

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