Waypoint Leasing Places Airbus H145 on Lease with Acher Aviation

March 8, 2017

Limerick, Ireland – March 8, 2017 – Waypoint Leasing (Ireland) Limited (“Waypoint”), the largest independent global helicopter leasing company, today announced that it has signed an agreement to lease an Airbus H145 helicopter to Acher Aviation (“Acher”), a leading operator in South Africa, supporting offshore oil and gas operations.

Con Barber, Director of Middle East & Africa Sales and Relationship Management at Waypoint, said, “This is Waypoint’s first H145 lease for offshore oil and gas missions, demonstrating the utility and versatility of the helicopter. We are confident that the H145 will add significant value to Acher’s operations and catalyze future opportunities in South Africa and further afield. While this will be our first lease agreement with Acher, we already have a deep relationship with the operator and its leaders, and we look forward to building on it further in the future.”

Ed Washecka, Chief Executive Officer of Waypoint, said, “This lease further underscores Waypoint’s global outlook and our growing presence in Africa, where we now serve customers in eight countries. We are enthusiastic about introducing the H145 into the offshore market and believe that this aircraft will demonstrate the significant opportunities for modern light/medium twins in the segment, which has been traditionally served by legacy helicopter platforms. We believe that this will be the first of many H145 leases to offshore operators.”

Stuart Low, CEO of Acher Aviation, said, “We anticipate this new H145 will enhance Acher’s operational capabilities and fulfill our customers’ demand for a fully OGP compliant modern light/medium twin helicopter. We have found Waypoint to be flexible and responsive to our needs and look forward to growing our relationship with them under this lease.”

Since its inception in 2013, Waypoint has been active in supporting oil and gas, utility, firefighting and other industrial-focused helicopter operators. 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.

About Waypoint

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. Further information is available at www.waypointleasing.com.

About Acher Aviation

Acher is a licensed Part 127 (operations) and Part 141 (training) operator founded on OGP standards. The organization has specialized in 24 hour offshore service activities by helicopter for the past sixteen years. Highly developed safety structures, administration, training and carefully selected twin engine helicopters have allowed in excess of one hundred and forty thousand safe hoist operations to be conducted. This is complemented by many thousands of deck landings. Routine successful internationally conducted aviation audits of Acher allow OGP approved crew transfers on request for all major Oil and Gas company vessels and rigs passing South African Ports.


Media Contacts for Waypoint

Jared Levy/Cameron Seligmann

Sard Verbinnen & Co