Waypoint Leasing Completes Purchase and Lease-Back of AW139 Helicopter with Heliconia Group in Morocco

Las Vegas, Nevada – February 28, 2018 – Waypoint Leasing (Ireland) Limited (“Waypoint”), the largest independent global helicopter leasing company, announced today that it has completed a purchase and lease-back for one AW139 helicopter to Heliconia Group (“Heliconia”) in Morocco to be used in support of the offshore oil and gas sector.  This transaction marks Waypoint’s fourth lease with Heliconia.

Con Barber, Waypoint’s Vice President of Sales & Relationship Management, Africa & Middle East, said, “We are pleased to announce yet another transaction with Heliconia, the leading helicopter operator in the region.  This transaction is representative of Waypoint’s commitment to Heliconia and our willingness to inject new capital into the market to support operators’ financing needs, whether it’s a new delivery, remarketed aircraft, or purchase and lease-back.”

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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