Waypoint executes sale and lease back transaction with Bond Helicopters Australia for the two EC225s
Marignane, France, December 12, 2013
Two EC225s delivered yesterday are the initial Eurocopter-built aircraft in the portfolio of Waypoint Leasing, a leading global helicopter leasing company. Waypoint has signed an agreement to provide the aircraft to Avincis Group’s subsidiary, Bond Helicopters Australia, to use for offshore crew change missions.
The EC225 handovers to Waypoint Leasing occurred at Eurocopter’s Marignane, France production facility, and were accepted in a process including the participation of a team from Bond Helicopters Australia. After the aircraft’s arrival in Australia, the helicopters will be used to service Bond’s multi-million dollar, five year contract with the PTTEP Australasia Group of Companies – which is part of Thailand’s national petroleum exploration and production company.
“These deliveries open the way for a long and fruitful relationship with Waypoint, while also underscoring confidence in the EC225 for oil and gas operations,” said Dominique Maudet, Eurocopter’s Executive Vice President of Global Business and Services.
Earlier this year, Eurocopter and Waypoint Leasing established a comprehensive commercial and marketing partnership for helicopter leasing, which includes the full capabilities of Eurocopter’s comprehensive Parts-by-the-Hour (PBH) support services.
“We are pleased to receive delivery of the EC225s, the first Eurocopter aircraft in our growing fleet, and to partner with Bond Helicopters Australia, a premier provider of energy support services to one of the fastest growing offshore oil and gas markets in the world,” stated Ed Washecka, CEO of Waypoint Leasing. “Waypoint’s principals have worked with Eurocopter as well as Bond and other Avincis companies for many years, and we appreciate their ongoing support. This agreement exemplifies our approach to building lasting relationships with our partners.”
Eurocopter’s EC225 is a helicopter of choice for oil and gas operators, providing long-range performance, state-of-the-art equipment and system redundancy in a highly capable 11-ton weight category rotorcraft. More than 80 EC225s operate for the oil and gas sector in approximately 12 countries. With over 300,000 flight hours logged by the global fleet, the EC225 performs missions at all latitudes in a full range of conditions.
Established in 1992, the Franco-German-Spanish Eurocopter Group is a division of EADS, a world leader in aerospace and defense-related services. The Eurocopter Group employs approximately 20,000 people. In 2011, Eurocopter confirmed its position as the world’s number one helicopter manufacturer with a turnover of 5.4 billion Euros, orders for 457 new helicopters and a 43 percent market share in the civil and parapublic sectors. Overall, the Group’s helicopters account for 33 percent of the worldwide civil and Para public fleet. Eurocopter’s strong international presence is ensured by its subsidiaries and participations in 21 countries. Eurocopter’s worldwide network of service centers, training facilities, distributors and certified agents supports some 2,900 customers. There are currently more than 11,300 Eurocopter helicopters in service in 149 countries. Eurocopter offers the most comprehensive civil and military helicopter range in the world and is fully committed to safety as the most important aspect of its business.
About Waypoint Leasing (Ireland) Limited
Waypoint is a global helicopter lessor providing aircraft and financing solutions to helicopter operators around the world. Headquartered in Limerick, Ireland, and with operations in Darien, CT, Waypoint partners with helicopter operators across a wide range of sectors, including oil and gas, emergency medical service, search and rescue, firefighting and governmental support. Further information is available at http://www.waypointleasing.com/.
For more information, please contact:
Tel: + 33 (0)4 42 85 60 51
Mob: + 33 (0)6 23 93 71 23
Tel: + 33 (0)4 42 85 59 64
Mob: + 33 (0)6 22 00 34 73
Waypoint Leasing Contacts:
Andrew Cole / Jared Levy
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