Waypoint Leasing announced at the HeliTech International Helicopter Expo that its fleet has surpassed 150 helicopters.

Waypoint’s fleet growth, in the form of order book placements and sale-leaseback transactions, is supported by more than 40 employees based in seven offices worldwide. With growth of its global footprint and increased scale, Waypoint has improved its position across multiple mission segments including emergency medical services (EMS), government and humanitarian services, utility and firefighting, search and rescue (SAR) and oil and gas.

Ed Washecka, CEO, said, “2017 thus far has proven to be a very active year for Waypoint as the helicopter market begins to recover from a multi-year downturn. Our team has executed eight new delivery placements with a further three in closing, two sale-leaseback transactions, and over 20 remarketing placements – an impressive achievement by all measures. The growth of our business has been further bolstered by our success in the debt markets, with the recent closing of a large term loan facility over the summer. This is all indicative of the hard work of our team and loyalty of our customers, lenders and other industry stakeholders.”

Clark McGinn, senior vice president of Sales & Relationship Management, added, “Some of Waypoint’s most significant accomplishments of the year include our new leasing platform in China (in Tianjin and soon to be Hong Kong), as well as further diversification with new customers. Waypoint has placed two aircraft with customers in China thus far in 2017, notably a Waypoint new delivery H135 to Shanghai Skyway General Aviation Company. Including our progress in the China market, we’ve placed helicopters with nine new customers, with a further five in closing process, further expanding our relationships with customers and diversifying our portfolio both by geography and by mission capability.”

Waypoint is a global helicopter leasing company that provides operating lease and financing solutions to helicopter operators worldwide.