Waypoint Leasing completed a purchase and leaseback for one AW139 helicopter to Heliconia Group 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 and relationship management, Africa and 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.”

Daniel Sigaud, president of Heliconia said, “Waypoint has been a valuable partner for us since we completed our first lease in 2016. The entire Waypoint team provides an unparalleled level of service, expertise, and commitment to finding the right solution for both parties.”