Back to homepage

Tag "Waypoint Leasing"

Macquarie buys Waypoint Leasing for $650 million

Macquarie buys Waypoint Leasing for $650 million

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 have agreed to provide a $45

Read Full Article
What went wrong at Waypoint Leasing?

What went wrong at Waypoint Leasing?

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 – people who understood the assets, had

Read Full Article
Bloomberg says GE shares fell because of analyst concerns about helicopter leasing

Bloomberg says GE shares fell because of analyst concerns about helicopter leasing

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 Leasing’s biggest competitor, for $1.8 billion

Read Full Article
Waypoint Leasing confident it will be sold

Waypoint Leasing confident it will be sold

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 a bidder and file a motion

Read Full Article
Waypoint Leasing in numbers

Waypoint Leasing in numbers

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. On November 16, 2018, Waypoint’s fleet

Read Full Article
Waypoint Leasing files for Chapter 11 bankruptcy protection

Waypoint Leasing files for Chapter 11 bankruptcy protection

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 Sunday November 25. The filing covers

Read Full Article
Why 2018 is a year of change for helicopter leasing

Why 2018 is a year of change for helicopter leasing

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 fundamentally reshaped, ready for stronger times.

Read Full Article
Credit freeze hits helicopter market

Credit freeze hits helicopter market

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. Lenders, many of whom have already

Read Full Article
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,

Read Full Article
Waypoint Leasing: New Horizons

Waypoint Leasing: New Horizons

Waypoint, the world’s largest independent helicopter lessor, recently celebrated its five-year anniversary, having weathered one of the worst downturns in the history of the helicopter market and come out the other side with an air of cautious optimism. Waypoint is

Read Full Article

Newsletter sign-up

 

The latest video from Helicopter Investor

Follow us on Twitter