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Saudi Arabia's Helicopter Company orders up to 60 Bombardier jets

Created at 21 Jul · 2:34 PM1 source↑ Market-relevant
IN SHORT

Saudi Arabia's The Helicopter Company (THC) has signed a letter of intent with Bombardier for up to 60 business jets. The deal includes a firm order for 12 aircraft and options for an additional 48.

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Key Numbers

60total business jets in LOI
12firm order for business jets
48options for business jets
8additional Airbus H145 helicopters ordered

Who's Involved

The Helicopter Company
Saudi Arabian operator signing LOI for Bombardier jets and ordering Airbus helicopters
Bombardier
Canadian manufacturer signing LOI for business jets
Airbus Helicopters
Secured order for eight H145 helicopters
Saudi Arabia's Helicopter Company orders up to 60 Bombardier jets

↳ Why This Matters

The agreements signal a significant expansion of The Helicopter Company's fleet, diversifying its offerings beyond helicopters into business jets and increasing its helicopter capacity for critical operations.

Key facts

  • The Helicopter Company (THC) signed a letter of intent with Bombardier for up to 60 business jets.
  • The firm order comprises 12 aircraft: five Challenger 3500, five Global 5500, and two Global 8000 jets.
  • THC also holds options for an additional 48 aircraft.
  • THC also ordered eight additional Airbus H145 helicopters.
  • The Airbus H145 helicopters are slated for delivery between 2027 and 2028.

Saudi Arabia's The Helicopter Company (THC) has entered into a significant agreement with Bombardier, signing a letter of intent for up to 60 business jets. The deal includes a firm order for 12 aircraft, specifically five Challenger 3500 jets, five Global 5500 jets, and two Global 8000 jets. Additionally, the agreement provides THC with options to purchase an additional 48 aircraft across these three platforms.

In a separate development, Airbus Helicopters announced that THC has ordered eight additional H145 helicopters. These aircraft are scheduled for delivery between 2027 and 2028, as part of a broader framework agreement covering up to 120 Airbus helicopters. THC, a company owned by Saudi Arabia's Public Investment Fund, is the Kingdom's largest commercial helicopter operator and is expanding its fleet for services including emergency medical services.

Frequently asked questions

THC is Saudi Arabia's largest commercial helicopter operator, owned by the Public Investment Fund. It is expanding its fleet for various operations, including emergency medical services.

The LOI covers Challenger 3500, Global 5500, and Global 8000 jets.

The eight additional Airbus H145 helicopters are scheduled for delivery between 2027 and 2028.

What Happens Next

01Delivery of firm order Challenger 3500, Global 5500, and Global 8000 jets.
02Delivery of eight Airbus H145 helicopters between 2027 and 2028.

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Cadence

How It Developed

The Helicopter Company signed a letter of intent with Bombardier for up to 60 business jets.
The firm order includes five Challenger 3500 jets, five Global 5500 jets, and two Global 8000 jets.
The agreement also includes options for an additional 48 aircraft.
Separately, Airbus Helicopters secured an order for eight additional H145 helicopters from THC.
The H145 helicopters are scheduled for delivery between 2027 and 2028.

Sources

T1
Saudi Arabia's The Helicopter Company signs LOI with Bombardier for up to 60 jetsReuters
T2
Saudi THC orders Eight More Airbus H145 helicoptersavitrader.com
T2
Saudi Medevac sign contract for AW139 helicopterscorporatejetinvestor.com
T2
Saudi Arabia Archiveshelihub.com

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