Saturday, 27 August 2016

Waypoint’s Lease deal paves entry into Canadian HEMS Market

Agusta AW139
Headquartered in Limerick Waypoint Leasing (Ireland) Ltd the largest independent global helicopter leasing company, announced that it has acquired a pre-owned AW139 in EMS configuration on the open market and placed it on long-term lease to Ornge in support of EMS operations in Ontario, Canada. The aircraft is additional to Waypoint’s current AW139 fleet and order book, and will operate out of Ornge’s Moosonee, Ontario base in support of the company’s EMS operations in the province.

Ed Washecka, Waypoint’s CEO said "Ornge is a valuable customer to Waypoint, and we are excited to support an operator whose mission it is to provide critical care for patients and transport to healthcare facilities across Ontario. Expansion into the Canadian HEMS market further diversifies our customer base and expands our EMS business, which has been a strategic focus since our inception in 2013. Waypoint’s ability to provide liquidity, regardless of market cycle, is an increasingly valuable component of the global helicopter services market and Waypoint will continue to maintain our ability to support operators’ fleet growth by offering tailored lease solutions."

Dr. Andrew McCallum, President and CEO of Ornge said "After undergoing a fully transparent public procurement process, Waypoint was selected as our leasing partner. This additional AW139, operating in Moosonee, will have considerable capacity to serve the people of the James Bay region, resulting in tangible benefits for our patients and their families."

Irish Aviation Research Institute © 27 August 2016 All Rights Reserved.