HeliTech 2017: Waypoint demonstrates confidence in H225

October 4, 2017
Source:  Rotorhub

A Waypoint Leasing Airbus H225 is present at Helitech International, being operated on lease by Global Helicopter Service (GHS) of Germany.

GHS leased the aircraft in January 2017 with the intention of deploying it for utility and humanitarian support missions.

‘We are excited to display the H225 at Helitech International in close cooperation with Airbus Helicopters and GHS,’ said Allan Rowe, managing director and head of commercial at Waypoint.

‘This static display highlights the significant capability of the H225 in multiple missions around the world, and the opportunity for this aircraft to displace older, less-capable aircraft in the market. Waypoint and GHS have invested in the future of the H225, and we are appreciative of the strong support that we have received from Airbus Helicopters,’ he added.

The appearance of the H225 at the event indicates that lessors and OEMs are once again ready to promote the aircraft following the April 2016 crash.

‘Waypoint’s H225 lease to GHS demonstrates the improving market confidence in the H225 in multiple mission segments,’ said Con Barber, director of sales and relationship management at the lessor.

‘Waypoint’s recent lease with GHS has given Airbus Helicopters, Waypoint and GHS the opportunity to jointly present the H225 at Helitech International.’

The company has also announced that its fleet now comprises over 150 helicopters. Waypoint’s portfolio includes 32 customers in 30 countries, with total assets worth in excess of $1.6 billion.

In addition, it has firm and option orders with aircraft manufacturers for more than 90 rotorcraft – valued at more than $1.2 billion in total – to be delivered over the next five years.

‘Thus far, 2017 has proven to be a very active year for Waypoint as the helicopter market begins to recover from a multi-year downturn,’ said Ed Washecka, the lessor’s CEO. ‘Our team has executed eight new delivery placements with a further three in closing, two sale-leaseback transactions, and over 20 remarketing placements – an impressive achievement by all measures.

‘The growth of our business has been further bolstered by our success in the debt markets, with the recent closing of a large term-loan facility over the summer. This is all indicative of the hard work of our team, and loyalty of our customers, lenders and other industry stakeholders,’ he added.

Over the past 12 months, the company has established a new leasing platform in Tianjin, China, and will soon be active in Hong Kong. Waypoint has placed two aircraft with a customer in China, notably delivering an H135 to Shanghai Skyway General Aviation Company to be used for EMS.

Recently, the EMS market in China has taken an upward turn following changing airspace regulations, which has been good news for leasing companies.