Helicopters Magazine

Waypoint Leasing, Caverton Helicopters sign new deal

February 26, 2015  By Waypoint Leasing

Feb. 26, 2015, Limerick, Ire. - Waypoint Leasing has announced that it has reached an agreement with Caverton Helicopters Limited to lease one new AgustaWestland AW139 and one Bell 412EP, both of which have been delivered to Caverton. The aircraft will operate in Nigeria supporting onshore and offshore oil and gas operations.

Ed Washecka, CEO of Waypoint Leasing, said, "We are excited to partner with Caverton, a world-class helicopter services company in Nigeria, and we appreciate their confidence in Waypoint. This marks our first transaction in West-Africa, which is already a significant helicopter leasing market and expected to continue growing long-term. We are confident that this marks the beginning of a long and productive partnership with Caverton.”
Commenting on the transaction, Mr. Adeniyi Makanjuola, Chairman of Caverton Helicopters, said, “We are pleased to accept and add these aircraft into our operations, which is in line with our fleet expansion strategy. It positions us well and enhances our capability to continue to render safe and efficient logistics services to our impressive customer base. The partnership with Waypoint Leasing has provided an avenue through which we can meet our growing need to renew and refresh our fleet.”


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