Waypoint executes sale and lease back transaction with Bond Helicopters Australia for the two EC225s

Two EC225s delivered yesterday are the initial Eurocopter-built aircraft in the portfolio of Waypoint Leasing, a leading global helicopter leasing company. Waypoint has signed an agreement to provide the aircraft to Avincis Group’s subsidiary, Bond Helicopters Australia, to use for offshore crew change missions.

The EC225 handovers to Waypoint Leasing occurred at Eurocopter’s Marignane, France production facility, and were accepted in a process including the participation of a team from Bond Helicopters Australia. After the aircraft’s arrival in Australia, the helicopters will be used to service Bond’s multi-million dollar, five year contract with the PTTEP Australasia Group of Companies – which is part of Thailand’s national petroleum exploration and production company.

“These deliveries open the way for a long and fruitful relationship with Waypoint, while also underscoring confidence in the EC225 for oil and gas operations,” said Dominique Maudet, Eurocopter’s Executive Vice President of Global Business and Services.

Earlier this year, Eurocopter and Waypoint Leasing established a comprehensive commercial and marketing partnership for helicopter leasing, which includes the full capabilities of Eurocopter’s comprehensive Parts-by-the-Hour (PBH) support services.

“We are pleased to receive delivery of the EC225s, the first Eurocopter aircraft in our growing fleet, and to partner with Bond Helicopters Australia, a premier provider of energy support services to one of the fastest growing offshore oil and gas markets in the world,” stated Ed Washecka, CEO of Waypoint Leasing. “Waypoint’s principals have worked with Eurocopter as well as Bond and other Avincis companies for many years, and we appreciate their ongoing support. This agreement exemplifies our approach to building lasting relationships with our partners.”

Eurocopter’s EC225 is a helicopter of choice for oil and gas operators, providing long-range performance, state-of-the-art equipment and system redundancy in a highly capable 11-ton weight category rotorcraft. More than 80 EC225s operate for the oil and gas sector in approximately 12 countries. With over 300,000 flight hours logged by the global fleet, the EC225 performs missions at all latitudes in a full range of conditions.