Market Overview

Waypoint Leasing Enters Taiwanese Market by Delivering Three AW169 Helicopters to Emerald Pacific Airlines


Historic Transaction Represents First Helicopter Lease in Taiwan;

Marks Waypoint's Third, Fourth, and Fifth Global AW169 Deliveries

Waypoint Leasing (Ireland) Limited ("Waypoint"), the largest independent
global helicopter leasing company, announced today that it has completed
a lease transaction for three new AW169 helicopters to Emerald Pacific
Airlines ("Emerald Pacific") in Taiwan to be used in EMS operations and
other missions. This transaction marks Waypoint's third, fourth, and
fifth AW169 deliveries globally, as well as the first helicopter lease
in Taiwan.

Philip Stransky, Waypoint's Vice President of Sales & Relationship
Management, Asia Pacific, said, "This is a very important transaction
for Waypoint as it marks the beginning of a collaborative partnership
with a new, well-respected customer, and the entry into a very important
market – Taiwan. Emerald Pacific is well positioned to take advantage of
the growth in demand for EMS services in Taiwan, and we look forward to
supporting their financial and leasing needs. We would like to thank the
Taiwanese Civil Aeronautics Administration for their professionalism and
Leonardo for assisting our team in the execution of the first helicopter
lease in Taiwan."

James Lee, Chairman of Emerald Pacific, said, "Waypoint proved
themselves to be a strong partner in supporting our important government
EMS operations. Their customer-focused dedication and operational
knowledge were key elements to the efficient and flexible execution of
this agreement. We are pleased to sign our first helicopter lease with
Waypoint and look forward to working with them as we continue to expand
our fleet in the future."

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 160 aircraft for 35
customers in 34 countries with total assets in excess of $1.6 billion.
Additionally, Waypoint has firm and option orders with aircraft
manufacturers for more than 70 helicopters valued at more than $750
million, to be delivered over the next four years.

About Waypoint

Waypoint is a global helicopter leasing company that provides operating
lease and financing solutions to helicopter operators worldwide.
Headquartered in Limerick, Ireland, Waypoint differentiates itself with
a senior management team that has direct helicopter operating and
leasing experience in key helicopter markets around the world, having
leased helicopters across Africa and the Middle East, Asia, Australasia,
Europe, and North and South America. Waypoint serves a wide range of
sectors including oil and gas, emergency medical service, search and
rescue, firefighting and governmental support. In addition to Ireland,
Waypoint has offices in London, the United States, Canada, Hong Kong,
Brazil, South Africa, and Australia. Further information is available at

About Emerald Pacific Airlines

Emerald Pacific Airlines was established in 1994 in Taichung City,
serving customers throughout Taiwan. Offering services in helicopter
offshore operations, heavy lift, agricultural engineering, medical
evacuation, aerial photography and powerline insulator cleaning. Emerald
Pacific is the largest civil helicopter operator in Taiwan.

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