Press Release

Issued by Safran Helicopter Engines.

February 27, 2014

Waypoint Leasing, a leading global helicopter leasing company, and Turbomeca (Safran), a leading helicopter engine manufacturer, signed a framework agreement today at Heli-Expo under which Turbomeca will provide engine support services to Waypoint Leasing's current and future customer base, including operators using Turbomeca's Makila 2A and 2A1 engines and Arriel 1S1 and 2S2 engines.

The companies will leverage Turbomeca's international network of 15 support sites and numerous affiliate maintenance centers to direct this global support program and maximize the engines' operational activity. A designated service engineer and customer support manager at Turbomeca USA will be responsible for coordinating with field representatives worldwide to monitor the engines and provide recommendations to operators to improve engine reliability and performance.

Olivier Andriès, chairman and ceo of Turbomeca, said, “We are excited to partner with Waypoint and help add value to its growing base of helicopter operators worldwide. Waypoint's customers that use our Makila and Arriel engines will experience unparalleled customer service and improved long-term performance.”

Ed Washecka, ceo of Waypoint Leasing, added, “Turbomeca engines are among the best and most reliable on the market. With today's agreement, our customers that are operating aircraft with Turbomeca's engines will benefit from premium service and maintenance at their fingertips no matter where they are located across the globe. As former operators ourselves, we look forward to working closely with Turbomeca to anticipate the needs of our customers and address them promptly.”