Saudi Arabia-based, PIF - Public Investment Fund-backed The Helicopter Company has signed a letter of intent to finalise a firm order for 12 Bombardier Business Aircraft, comprising five Challenger 3500s, five Global 5500s, and two Global 8000s, alongside options for a further 48 jets across the three platforms.
The agreement, announced at the Farnborough International Airshow 2026, will introduce fixed-wing charter and aircraft management services to THC, which has so far operated exclusively in the rotary-wing sector. A delivery timeline has not been disclosed.
Arnaud Martinez, chief executive of THC, said the expansion into fixed-wing operations aligns with the company's long-term strategy of becoming a global general aviation leader based in Saudi Arabia. "Fleet commonality, advanced aircraft technology, and a commitment to more efficient and sustainable operations are fundamental to that approach," he added.
THC was established in 2018 by Saudi Arabia's sovereign wealth fund, the PIF. "Every investment we make is guided by the same philosophy – to build an integrated aviation ecosystem that supports Saudi Vision 2030 through innovation, operational excellence and long-term value creation," Martinez noted.
The company's fleet currently comprises 62 helicopters across four types, including the Leonardo Helicopters AW139, and the Airbus Helicopters H125, H145, and H160.
THC's agreement with Bombardier follows two incremental helicopter orders announced by the Saudi operator at the Farnborough airshow. The company ordered eleven AW139s and eight H145s, with deliveries scheduled between 2027 and 2028.
The newly ordered aircraft are in addition to a 2024 framework agreement between THC, Airbus Helicopters, and Leonardo covering up to 120 Airbus helicopters and 130 Leonardo helicopters for delivery until 2031.
THC's rotary-wing fleet is deployed across emergency medical services, aerial work, tourism, and private charter operations.
