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 order book, and will operate out of Ornge’s Moosonee, Ontario base in support of the company’s EMS operations in the province.

“Ornge is a valuable customer to Waypoint, and we are excited to support an operator whose mission it is to provide critical care for patients and transport to healthcare facilities across Ontario. “

Ed Washecka, Waypoint’s CEO said: “Ornge is a valuable customer to Waypoint, and we are excited to support an operator whose mission it is to provide critical care for patients and transport to healthcare facilities across Ontario. Expansion into the Canadian HEMS market further diversifies our customer base and expands our EMS business, which has been a strategic focus since our inception in 2013. Waypoint’s ability to provide liquidity, regardless of market cycle, is an increasingly valuable component of the global helicopter services market and Waypoint will continue to maintain our ability to support operators’ fleet growth by offering tailored lease solutions.”

Jarrod Burton, VP Sales & Relationship Management, North America added: “Our ability to identify and acquire a uniquely well configured pre-owned helicopter so close to Ornge’s mission requirements along with detailed input from our highly experienced technical team allowed us to respond to the customer’s request with added value in what was a very competitive tender process.”

Dr. Andrew McCallum, president and CEO of Ornge, said: “After undergoing a fully transparent public procurement process, Waypoint was selected as our leasing partner. This additional AW139, operating in Moosonee, will have considerable capacity to serve the people of the James Bay region, resulting in tangible benefits for our patients and their families.”

Waypoint has firm and option orders with aircraft manufacturers for more than 125 helicopters valued at more than $1.7 billion, to be delivered over the next five years.

Terry Spruce

Terry is Senior News Editor and writes for both Corporate Jet Investor and Helicopter Investor. He is also responsible for our helicopter guides. Terry has been an aviation enthusiast since the early 1970s. He is a lapsed Private Pilot and ex-Piper Cherokee owner. He has flown a number of light aircraft and is comfortable sitting in the co-pilot's seat or the back of any aircraft. Before moving to journalism he was a banker for 20 years. You can contact him at: terry@corporatejetinvestor.com or follow him on twitter @Terry_Spruce

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