Waypoint acquires 23 helicopters from Helicopter Transportation Group

Waypoint Leasing announces that it has acquired assets from Norway’s Helicopter Transportation Group.

Waypoint Leasing announces at Heli-Expo 2014  that it has reached an agreement with Helicopter Transportation Group AS (HTG) in Norway to acquire assets including 23 helicopters and affiliated contracts.

Waypoint has already taken delivery of seven of the 23 helicopters and expects to take delivery of the remaining aircraft within 60 days.  The aircraft models include the Eurocopter EC155 B1, EC145 and AS350B3 and the Bell 412EP, which are currently on long-term contracts supporting oil and gas, emergency medical and government firefighting operations in Norway, the UK, the Netherlands, Greenland, Spain, Italy and Chile.

Ed Washecka, CEO of Waypoint Leasing, said: “This transaction significantly expands our high quality fleet and underscores our ability to serve customers around the world in key end-markets. We are particularly pleased to add some diversity to our fleet by acquiring assets supporting the EMS and parapublic markets.”

“We look forward to building lasting relationships with these new customers and delivering them our world-class service,” added Washecka.

Aage Krog, chairman of HTG, said: “Having worked closely with Ed Washecka for many years, I am confident that Waypoint will bring value and expertise to our existing customers and meet each of their financing and service needs over the long-term.”