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

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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.”

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