Macquarie is buying Waypoint Leasing for $650 million. Waypoint’s staff will join Macquarie Rotorcraft Leasing. The transaction is subject to bankruptcy court approval and expected to close before March 2019. Several of Waypoint’s lenders...
When Waypoint Leasing launched in 2014 it appeared to have all the ingredients that a business needs to succeed. There was an experienced management team combining operators, brokers and experienced commercial aircraft lessors –...
Bloomberg is reporting that GE shares fell 4% over concerns about Milestone Aviation, following Waypoint Leasing’s filing for Chapter 11. GE Capital Aviation Services acquired Milestone Aviation, the largest helicopter leasing company and Waypoint...
Waypoint Leasing, which filed for Chapter 11 bankruptcy protection on Sunday, has said that it could be sold quickly. In a court filing the lessor said: “The Debtors expect to agree on terms with...
Waypoint Leasing, the world’s second largest helicopter leasing company filed for Chapter 11 on Sunday November 25. Size In October 2018, Waypoint valued its assets at $1.62 billion and its liabilities at $1.23 billion....
Waypoint Leasing, the world’s second largest helicopter leasing company, has filed for Chapter 11 bankruptcy protection. The company filed at the US Bankruptcy Court for the Southern District of New York at 12.37 on...
The year 2014 was clearly the top of the cycle, 2018 is now showing all the signs of being the turning point for offshore helicopters. It is clearly a year when the market is being...
Four years into the downturn, it is probably safe to say that the first Golden Age of helicopter leasing lasted for four years. It started with the launch of Milestone Aviation in 2010 and...
Many people might find it hard to feel sympathy for bankers. Especially after 2008. But as the credit crunch shows, no industry can survive without debt. The helicopter industry is about to discover this....
Waypoint Leasing, the largest independent helicopter lessor, is in talks with banks to restructure loans. The lessor first held talks in June to warn lenders that it could be close to breaching some covenants....
A New York bankruptcy judge has approved […]
Wetzikon, Switzerland, February 19, 2019 – Kopter […]
Following on from weak Q3 results, the […]
Sikorsky’s New York based charter subsidiary AAG […]
Heli-Union, offshore helicopter provider was awarded a […]
Bell has received type certification from the […]
Mollis, Switzerland – 12th February 2019 – […]
Long considered a star of the offshore […]
Ever since the drone sighting that halted […]
Offshore helicopter services provider Babcock has appointed […]