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Tag "Ed Washecka"

Waypoint starts negotiations with lenders over covenants

Waypoint starts negotiations with lenders over covenants

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. Some 26 banks are involved. Waypoint,

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Washecka, McGinn leave Waypoint, Yazhari joins as CEO

Washecka, McGinn leave Waypoint, Yazhari joins as CEO

Waypoint Leasing, one of the largest helicopter lessors, has changed its management team. Ed Washecka, the company’s founder and CEO, has left the company and been replaced by Hooman Yazhari who joins from CHC Helicopters. Yazhari was general counsel and

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Waypoint leases H145 to Brazil

Waypoint leases H145 to Brazil

Irish lessor Waypoint Leasing has leased one H145 to Brazilian transport operator CAF Táxi Aéreo. The helicopter will be used for private charter transport in Sao Paulo. The delivery represents two landmarks for Waypoint – it is the first lease the

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Waypoint delivers AW139 to HEVILIFT, Australian market picking up

Waypoint delivers AW139 to HEVILIFT, Australian market picking up

Waypoint Leasing has delivered one Agusta Westland 139 to Australian service operator HEVILIFT The helicopter will be used for offshore oil and gas operations in the Asia Pacific. The delivery also marks the fourth anniversary of the two companies’ first

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Waypoint extends $390 million loan

Waypoint extends $390 million loan

Waypoint Leasing has extended maturity of two revolving credit facilities valued at $390 million, with a $100 million facility pushed back to late 2019 and over $280 million to late 2020. The loans are extended over seven lenders. The proceeds

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Waypoint lease H145 to Acher

Waypoint lease H145 to Acher

Waypoint has signed an agreement to lease one H145 to South African operator Acher Aviation. The helicopter will support offshore oil and gas operations. It is the first time that Waypoint has leased an aircraft to Acher and will fill

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Waypoint Leasing enters Chinese market

Waypoint Leasing enters Chinese market

Waypoint Leasing has leased an Airbus H135 to Skyway General Aviation Company. The helicopter will be used for emergency medical services.  “Since establishing our Singapore office more than a year and a half ago, we have met the growing demand

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Waypoint sign deal for 16 new Airbus helicopters.

Waypoint sign deal for 16 new Airbus helicopters.

Waypoint has committed to acquire 16 Airbus helicopters for more than €100 million. The commitment covers the purchase of new 16 aircraft, adding more H135s and H145s to its fleet as well as Waypoint’s first H175. The H135s and H145s

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Waypoint Leasing acquires a pre-owned AW139 EMS

Waypoint Leasing acquires a pre-owned AW139 EMS

Waypoint Leasing has acquired a pre-owned AW139 in EMS configuration on the open market and placed it on long-term lease to Ornge in support of EMS operations in Ontario, Canada. The aircraft is additional to Waypoint’s current AW139 fleet and

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Waypoint Leasing signs sale and leaseback with Omni Helicopters

Waypoint Leasing signs sale and leaseback with Omni Helicopters

Waypoint Leasing has signed a multi-aircraft purchase and leaseback agreement with Omni Helicopters International, a strategic partnership between Stirling Square Capital Partners and Omni Group. The aircraft are operating for Omni Taxi Aereo (OTA), Brazil’s largest helicopter service operator to

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