Waypoint Leasing delivers two helicopters to Caverton

Deal is Irish lessor’s first in west Africa

Irish- based Waypoint Leasing has delivered two craft to Caverton Helicopters, which provides aviation and logistics support to oil and gas companies in Nigeria.

Waypoint, backed by members of the Soros family, is leasing an Agusta Westland AW139 and a Bell412EP to Caverton, which will use them to support offshore oil and gas operations.

Waypoint's chief executive, Ed Washecka, said the deal marks its first transaction in west Africa, which is a significant market for helicopter leasing, and one that is expected to continue growing over the long term.

“We are confident that this marks the beginning of a long and productive partnership with Caverton,” he said.


Caverton chairman, Adeniyi Makanjuola, said that the partnership with Waypoint provides an avenue through which it can renew its fleet.

Waypoint Leaising is based in Limerick and has offices in Connecticut in the north eastern US.

Barry O'Halloran

Barry O'Halloran

Barry O’Halloran covers energy, construction, insolvency, and gaming and betting, among other areas