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Waypoint Leasing (Ireland) Limited (Waypoint), the largest independent global helicopter leasing company, announced that it has delivered an H145 on lease to Servicios Aéreos de los Andes (Andes Air), a leading Peruvian helicopter operator. Waypoint’s H145 will be the first variant of its type to operate in Latin America and will support MMG/Las Bambas’ mining operations from Andes Air’s Cusco Base.
“The entry of the H145 into operations in Peru is indicative of the growing importance of this aircraft for a diverse range of mission areas — from EMS [emergency medical services] to mining — around the world,” said Steffen Bay, Waypoint’s vice president of sales and relationship management, Latin America. “Waypoint believes that the H145 is ideally-suited for the operational conditions prevalent in Peru and we are confident that this transaction is the start of a long, productive relationship between Waypoint and Andes Air.”
“For many years, lessors and financiers have focused primarily on the Brazilian market, so we are pleased to have developed a unique and diversified franchise in Latin America, with multiple aircraft operating in Chile, Peru, and Guyana, as well as Brazil,” said Clark McGinn, Waypoint’s senior vice president of sales and relationship management.
“For our company, it is very important to have reliable helicopters that are capable of performing in the extreme conditions that are typical in our region,” said Luis Fontenoy Miranda, general manager of Andes Air. “It is also important for us to have a partner that understands our business and our challenges. We found Waypoint to be a real strategic partner that can relate to our issues and understand our needs. We look forward to continue collaborating with Waypoint on aircraft leases in the future”.
Since its inception in 2013, Waypoint has been active in supporting oil-and-gas, utility, firefighting and other industrial-focused helicopter operators. This transaction will further diversify Waypoint’s activity into the utility and mining support segment.
Waypoint’s portfolio includes more than 140 aircraft for 26 customers in 31 countries with total assets in excess of $1.6 billion. Additionally, Waypoint has firm and option orders with aircraft manufacturers for more than 120 helicopters valued at more than $1.5 billion, to be delivered over the next five years.