Press Release

Issued by Waypoint Leasing.

August 10, 2017

Waypoint Leasing (Ireland) Limited, the largest independent global helicopter leasing company, today announced that it has agreed to deliver one AW139 helicopter to Hevilift Group to be used in support of the offshore oil and gas sector in the Asia-Pacific region.

Philip Stransky, Waypoint's vice president of sales and relationship management for Asia, said, “We've been working with Hevilift for four years now and are pleased to complete another transaction with a trusted operator. We look forward to continuing our partnership as they continue to grow their business through a diverse range of operations.”

Paul Booij, group managing director at Hevilift said, “Waypoint has been a trusted partner for years. Each transaction is seamless and professional and we will continue to work with Waypoint for their technical expertise, flexible lease offerings, and understanding of the operational considerations of our business.”

Since its inception in 2013, Waypoint has been active in supporting oil and gas, utility, firefighting and other industrial-focused helicopter operators. Waypoint's portfolio includes more than 145 aircraft for more than 30 customers in 30 countries with total assets in excess of $1.6 billion. Additionally, Waypoint has firm and option orders with aircraft manufacturers for more than 95 helicopters valued at more than $1.2 billion, to be delivered over the next five years.