THC Signs Agreement for 120 Airbus Helicopters

Our Bureau - : Feb 28, 2024 - : 4:52 pm

The Helicopter Company (THC), a provider of commercial helicopter services in Saudi Arabia and fully owned by the Public Investment Fund, has signed a significant framework agreement with Airbus at the HAI Heli-Expo in Anaheim Convention Center, California, on Tuesday...

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Under this agreement, up to 120 Airbus helicopters of various types will be delivered over the next five to seven years. The deal includes a firm order for eight H125s and ten H145s, the latter converted from options in an earlier contract, bringing THC's total firm Airbus helicopter fleet to 60, with 25 already in service.

The new H125 helicopters will support THC's range of services, including aerial work and tourism, while the H145s will be utilized for Emergency Medical Services (EMS) and corporate transport.

“Our relationship with THC started in 2020 with the first contract for 10 H125s. Since then, it’s gone from strength to strength, moving beyond just helicopters to also look at how we can help pave the way for the use of Sustainable Aviation Fuel in the region. This latest framework agreement reinforces the scope of our offering and we thank THC for allowing us to help expand their helicopter activity,” said Bruno Even, Airbus Helicopters CEO.

The CEO of THC, Capt Arnaud Martinez, said, “We are delighted to announce our framework agreement with Airbus, a transformative moment in our growth journey which solidifies our position as a global player as well as regional leader. The agreement will enable us to both contribute to the Kingdom’s Vision 2030 goals through strengthening Saudi’s aviation sector whilst also meeting the changing needs of our growing customer base, both locally and globally. Our collaboration with Airbus will reshape the aviation landscape as together, we will push the boundaries of innovation and showcase that with the right partner, everything is possible in aviation.”

THC is actively developing commercial helicopter services in Saudi Arabia. The company has introduced the H145 into service for Emergency Medical Services (EMS) and supported the Dakar Rally with both the H145 and H125. Last year, it received its first ACH160 for Red Sea Global tourism operations.

Established as part of the Saudi Public Investment Fund (PIF)'s strategy to activate new sectors and support Vision 2030, THC is the Kingdom's commercial helicopter operator, with 47 aircraft serving diverse segments including EMS, aerial work, private charters, and tourism.

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