Con Barber, director of Middle East & Africa sales and relationship management at Waypoint, said, “This transaction is further evidence of Waypoint’s diversification and our ability to exploit opportunities in new markets and new segments. A large number of helicopters are used in humanitarian support roles in Africa and around the world, and GHS is a market leader in the segment. We are excited about executing our first lease with GHS and are confident that this transaction is the beginning of a long-term partnership.”
Ed Washecka, CEO of Waypoint, said, “This transaction demonstrates Waypoint’s confidence in opportunities for the H225, a modern, safe and efficient aircraft, which is increasingly displacing older, less capable aircraft in this market. We believe that the performance and utility of the H225 put the helicopter in a strong position to deliver excellent capabilities in utility and humanitarian missions, and we are excited about working with GHS, a leading operator in the segment.”
Dominik Goldfuss, GHS CEO, said, “Waypoint’s creative and responsive approach is a great match for GHS. GHS has a strong track record; operating humanitarian and mission critical helicopters, especially in West and Central Africa for the United Nations/World Food Program (UN/WFP), Médecins Sans Frontières/Doctors without Borders (MSF) and other end users. The H225 will enhance our capabilities with its impressive performance and will allow us to serve new missions, which require the H225’s excellent load and range capabilities.”
Since its inception in 2013, Waypoint has been active in supporting oil and gas, utility, firefighting and other industrial-focused helicopter operators, this transaction will further diversify Waypoint’s activity into the utility and humanitarian support segment.
Waypoint’s portfolio includes more than 140 aircraft for 26 customers in 31 countries with total assets in excess of $1.6 billion. Additionally, Waypoint has firm and option orders with aircraft manufacturers for more than 120 helicopters valued at more than $1.5 billion, to be delivered over the next five years.
Successfully assessing equipment values in today’s marketplace is a multi-faceted responsibility that falls on the shoulders of the asset management team. Already faced with the diminishing balance between risk and reward, asset managers work in a world where new regulatory... read more
One important economic factor to consider with any equipment lease is how the transaction will be reported for income tax purposes. This determination is made based on the terms of the lease agreement, and has a large impact on the... read more