All posts tagged Offshore

PRESS RELEASE – 20 August 2017

Waypoint Leasing (Ireland) Limited (“Waypoint”), the largest independent global helicopter leasing company, announced today that it has agreed deal terms for the purchase and lease-back of one AW139 helicopter with Helicopteros Nacionales de Colombia, SAS (“HELICOL”), which is used in support of contracts within the offshore oil and gas sector in Colombia.  This is Waypoint’s first lease transaction with HELICOL and first in Colombia.

Steffen Bay, Waypoint Vice President, Sales and Relationship Management for Latin America, said, “HELICOL has been modernizing its helicopter fleet over the last year, and we are pleased to be part of that growth. The AW139 is a new technology aircraft, which will allow HELICOL to operate for all major oil companies currently operating in Colombia. Their continued demand for offshore-equipped aircraft is a testament to their vision and to improving market conditions.  We look forward to working alongside HELICOL to continue to help the company meet its financial and operational objectives.”

“We are pleased to have completed this transaction with Waypoint,” said Juan David Restrepo Botero, General Manager of HELICOL.  “In addition to their technical expertise and operational perspective, we choose to work with them to benefit from their flexible lease options.”

Since its inception in 2013, Waypoint has been active in supporting oil and gas, utility, firefighting and other industrial-focused helicopter operators.  Waypoint’s portfolio includes more than 145 aircraft for 32 customers in 30 countries with total assets in excess of $1.6 billion.  Additionally, Waypoint has firm and option orders with aircraft manufacturers for more than 95 helicopters valued at more than $1.2 billion, to be delivered over the next five years.

PRESS RELEASE – 31 July 2017

Today, CHC Helicopter launches its super medium aircraft program with a commitment to lease five new aircraft from GECAS’ Milestone Aviation Group Limited (“Milestone”).

Today, CHC Helicopter launches its super medium aircraft program with a commitment to lease five new aircraft from GECAS’ Milestone Aviation Group Limited (“Milestone”). This transaction will add three new Leonardo AW189s and two Airbus H175s from Milestone’s order book with the manufacturers to CHC’s global fleet. The new aircraft will be configured for energy transport missions and will serve CHC customers in the North Sea and Australia.

“We are working closely with Milestone to carefully build a productive, safe and reliable fleet to meet the varying needs of our customers throughout the world,” said Karl Fessenden, President and CEO of CHC Helicopter. “Milestone has been a valuable leasing partner towards this goal, with a diverse order book across manufacturers and types, and deep expertise in aircraft operational capabilities.”

Fessenden added “Since completing our restructuring in March, our fleet productivity has significantly improved and matches our historical peak levels before the oil and gas downturn. We are excited to add these new super medium aircraft to our fleet in support of new customer contracts.”

“We are very proud to introduce the Leonardo AW189 and Airbus H175 types to CHC’s fleet,” remarked Daniel Rosenthal, President and CEO of Milestone, adding “We have worked very closely with CHC since their restructuring to review their fleet needs and provide both the aircraft and capital solutions, through operating lease and debt financing, that meet those needs. We are delighted to deliver these new technology assets that fit their mission profile with improved economics for their end customers.”

Both the Leonardo AW189 and the Airbus H175 are designed to meet long-range, high endurance requirements in demanding environments, which will allow CHC to use them for missions that have either been traditionally limited to heavy aircraft or access platforms that are not designed to support them. This will not only give customers additional flexibility, but also help them lower their overall costs per passenger.

Press Release – 14th January 2015

Airbus Helicopters fleet surpasses the 10 million flight hour milestone in service with the oil and gas sector.

Marignane, France, 14 January 2015 – Utilized worldwide in some of the most challenging conditions, the deployed fleet of Airbus Helicopters rotorcraft in service for the oil and gas industry has accumulated more than 10 million flight hours as of the end of 2014.
The milestone marks a new achievement in the 50-plus year history of heli-lift duties performed by Airbus Helicopters’ product line. Operations began with the Alouette during the 1960s and continued with rotorcraft in the Super Puma, Dauphin and Ecureuil families. The reliable BO105 and Puma contributed, as did representatives from Airbus Helicopters’ EC135, EC145, and EC120 among others. Airbus Helicopters’ new-generation EC175 is also now a part of the oil and gas global fleet, as it began operations in the North Sea following the first delivery to NHV last December.
“Airbus Helicopters is proud to be an important part of the oil and gas sector’s development around the globe, and we are committed to continuing this relationship with capable aircraft that are backed by our company’s dedication to safety, reliability and efficiency,” said Christopher Grainger, Airbus Helicopters’ Vice President – Oil and Gas.
Of the estimated 2,300 rotorcraft used in oil and gas missions today, approximately 25 percent are produced by Airbus Helicopters. The leading geographic region is in the Americas, where the company’s helicopters have accumulated more than 4.12 million flight hours, followed by Europe (3.27 million flight hours), Asia (over 1.82 million flight hours), Africa (more than 557,000 flight hours) and Oceania (216,000 flight hours).
In addition to such established oil and gas zones as the North Sea and Gulf of Mexico, Airbus Helicopters’ product line is increasingly utilized by operators in the evolving energy sector regions that range from China and Myanmar to Africa. Airbus Helicopters supports its international operator base by strategically locating resources that include spare parts centers, training facilities with full-flight simulators, as well as technical and safety representatives.
Airbus Helicopters’ leading rotorcraft for these operations is the workhorse Super Puma family, which accounts for approximately 2,785,000 of the total flight hours. The 11-ton-class EC225 has been further developed to meet users’ evolving requirements – especially the increasing distances involved for oil and gas transport missions. Among the enhancements are increased payload, additional fuel tank capacity, new cabin layouts for improved passenger comfort and new avionics to significantly increase pilots’ situational awareness while reducing workload. The EC225e, expected for certification and delivery in 2016, is poised to become the new asset for Oil & Gas operators. It will meet the evolving expectations of customers in the industry offering an even more cost effective aircraft that can also perform a 300-NM radius of action with a new seating layout.
A new era in heli-lift services has begun with the first delivery of Airbus Helicopters’ EC175. The 7- ton-class rotorcraft has been certified to the latest airworthiness standards, covering both the helicopter and its new Helionix® avionics suite. The helicopter’s radius-of-action in an oil and gas mission configuration enables 16 passengers to be transported to offshore rigs at distances of 140 nautical miles (NM.) on crew change flights, extending to nearly 200 NM. when 12 passengers are carried.
The light twin-engine EC145 T2 – evolved from Airbus Helicopters’ BK117/EC145 family with the latest state-of-the-art technology – is poised to meet the demands of missions requiring shorter range both onshore and offshore, and the first helicopters in this version were delivered in July 2014. Capable of seating up to 10-11 persons, the EC145 T2’s oil and gas version will be ready for service in 2015.
Also proven in oil and gas duties around the globe are Airbus Helicopters’ Dauphin family of medium-weight rotorcraft, and its Ecureuil series in both the single- and twin-engine configurations.

To view photos of the Airbus Helicopters 10 million flight hours celebration around the world, please visit: