Waypoint Leasing enters Chinese Market

March 8, 2017
Source:  Futures Trading Charts

Waypoint Leasing (Ireland) Limited, an independent global helicopter leasing company, has entered into a lease agreement with Shanghai Skyway General Aviation Company, a provider of helicopter transportation and related support services in China, for one new Airbus H135 helicopter, which will be used for emergency medical services, the company said.

Separately, Waypoint announced that it has agreed to lease an Airbus AS350B3 helicopter from its existing fleet to another operator in China.

Since its inception in 2013, Waypoint has been active in supporting oil and gas, utility, firefighting and other industrial-focused helicopter operators. This transaction will further diversify Waypoint’s activity into the EMS support segment. Waypoint’s portfolio includes more than 140 aircraft for 28 customers in 30 countries with total assets in excess of $1.6 billion. Additionally, Waypoint has firm and option orders with aircraft manufacturers for more than 110 helicopters valued at more than $1.3 billion, to be delivered over the next five years.

Waypoint is a global helicopter leasing company that provides operating lease and financing solutions to helicopter 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 London, the United States, Canada, Singapore, Brazil, South Africa, and Australia.

Shanghai Skyway General Aviation Company, established in 2008, was established for the development of general aviation in China. With a fleet of more than 10 aircraft, Skyway is primarily engaged with providing aerial solutions in support power, utility, firefighting, and aerial survey work for multiple customers in China.