Waypoint Leasing, the largest independent global helicopter leasing company, has signed a lease agreement with Shanghai Skyway General Aviation Company (Skyway), marking its entry into the Chinese market for the first time.

Skyway is a provider of helicopter transportation and related support services in China and the deal is for one new Airbus H135 helicopter, which will be used for emergency medical services.

Separately, Waypoint has agreed to lease an Airbus AS350B3 helicopter from its existing fleet to another operator in China.

Philip Stransky, vice president of sales – Asia at Waypoint, said: “Since establishing our Singapore office more than a year and a half ago, we have met the growing demand for modern technology aircraft in the Asia Pacific region across major markets. We are pleased now to have entered the Chinese market, which presents significant opportunities to build long-term relationships with operators in an attractive and growing region and across a range of end markets.”

Expanding portfolio

Waypoint’s portfolio includes more than 140 aircraft for 28 customers in 30 countries with total assets in excess of $1.6 billion.

Recent orders include two Airbus Helicopters H135s on lease to Mackay Helicopters, a leading Australian helicopter operator.

It will also provide Air Born Indonesia, a provider of air transportation services in Indonesia, with a Leonardo AW139 helicopter.