Waypoint Leasing leases to Caverton Helicopters

Waypoint Leasing has reached an agreement with Caverton Helicopters in Nigeria, to lease one new AgustaWestland AW139 and one Bell 412EP, both of which have been delivered to Caverton.

The helicopters will operate in Nigeria supporting onshore and offshore oil and gas operations.

ALSO READ: Caverton Helicopters orders three more AW139s

Ed Washecka, CEO of Waypoint Leasing, said: “We are excited to partner with Caverton, a world-class helicopter services company in Nigeria, and we appreciate their confidence in Waypoint. This marks our first transaction in West-Africa, which is already a significant helicopter leasing market and expected to continue growing long-term. We are confident that this marks the beginning of a long and productive partnership with Caverton.”

Adeniyi Makanjuola, chairman of Caverton Helicopters, said: “We are pleased to accept and add these aircraft into our operations, which is in line with our fleet expansion strategy. It positions us well and enhances our capability to continue to render safe and efficient logistics services to our impressive customer base. The partnership with Waypoint Leasing has provided an avenue through which we can meet our growing need to renew and refresh our fleet.”

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

You may also like...