30-Aug-2016 Source: Waypoint
Waypoint Leasing (Ireland) Limited (“Waypoint”), the largest independent global helicopter leasing company, today announced that it has closed a lease agreement with Calquin Helicopters S.A. (“Calquin”), a wholly owned subsidiary of Grupo FAASA (“FAASA”), for one Airbus AS350 B3 helicopter, which will transition from firefighting operations in Europe to high altitude utility missions in the Andes Mountains. This transaction represents Waypoint’s 17th aircraft re-lease event and underscores the company’s commitment to expanding into the utility market.
Ed Washecka, Chief Executive Officer of Waypoint, said, “I am pleased to once again be working with the Tamarit-Almagro family and the excellent team at FAASA on this important transaction, and I am confident that it marks the beginning of a dynamic partnership between our organizations. This transaction – and the support and commitments we are receiving from customers – is illustrative of our ability to remarket underutilized heavy aircraft as demand continues to increase.”
Miguel Tamarit Campuzano, Chairman of FAASA, said, “We have known members of the Waypoint team for almost a decade and look forward to collaborating on a range of utility missions across Europe and benefitting from Waypoint’s expertise, flexible order book and unique financial solutions.”