Waypoint leases AW139 to Air Born Indonesia

Waypoint Leasing Limited has closed a lease agreement with PT. Air Born Indonesia (Air Born) for one Leonardo AW139 helicopter previously operated by CHC, which will go on long-term lease in support of mining operations in Indonesia, the company said.

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 support segment. Waypoint currently has 22 aircraft on lease to utility operators globally.

Air Born Indonesia is a national air charter company established in 2010 to provide air transportation services in support of mining, oil and gas, MedEvac, and Aerial Survey operations.

Waypoint´s portfolio includes more than 140 aircraft for 28 customers in 30 countries with total assets in excess of USD 1.6 billion. Additionally, Waypoint has firm and option orders with aircraft manufacturers for more than 110 helicopters valued at more than USD 1.3 billion, to be delivered over the next five years.

Waypoint is a global helicopter leasing company that provides operating lease and financing solutions to helicopter operators worldwide. Headquartered in Limerick, Ireland, the company has offices in London, the United States, Canada, Singapore, Brazil, South Africa, and Australia.