Story ID: 
Waypoint Signs Leaseback Deal with Omni Helicopters
By: Mark Huber
Caption: Waypoint sees significant long-term demand in Brazil despite current market conditions.
Word Count: 188
Waypoint Leasing Ltd. (Ireland) has signed a purchase and leaseback agreement with Brazil's Omni Helicopters covering four Sikorsky S-76C++ helicopters. The agreement is with Omni Helicopters International S.A. (“OHI”), a strategic partnership between Stirling Square Capital Partners and Omni Group. The aircraft are operating for Omni Taxi Aereo (OTA), Brazil’s largest helicopter service operator to the offshore industry by fleet size. All aircraft operate in support of long-term contracts within the offshore oil-and-gas sector in Brazil.

“This is a great opportunity for Waypoint to support one of the leading helicopter operators, and in one of the largest and most dynamic helicopter markets in the world,” said Waypoint CEO Ed Washecka.“Despite the current market conditions, we think there’s significant long-term demand in Brazil and look forward to supporting Omni as it continues to grow worldwide.”

Waypoint’s portfolio exceeds $1.4 billion in total assets comprised of 120 aircraft operating for 16 customers in 26 countries. Additionally, Waypoint has firm and option orders with aircraft manufacturers for more than 125 helicopters valued at more than $1.7 billion, to be delivered over the next five years.