(06 Dec 2021)
The Helicopter Company (THC), established by the
Public Investment Fund (PIF) as the first and only helicopter
services provider licensed to operate commercial flights in the
Kingdom of Saudi Arabia, has signed a
second purchase agreement with Airbus Helicopters.
THC previously
signed an agreement to buy 10 Airbus H125 helicopters to increase
access to domestic tourism destinations and provide services such
as filming and aerial surveying.
The company is now set to further expand services
with twenty orders of the newly launched five-bladed H145 and six
ACH160 models.
The Helicopter Company has ordered 20 Airbus H145 and 6 ACH160 Helicopters
Launching its services in 2019, THC was
established by PIF as part of its strategy to activate new sectors
in Saudi Arabia that support the realisation of Vision 2030 and
generate long-term commercial returns, while meeting the growing
demand for luxury tourism and air travel services.
“Our mission is to create a world-class National
Aviation Champion and today, by signing this agreement with our
trusted partner Airbus, we mark an important milestone in our
journey to grow together with the nation in focus to fulfill Saudi
Vision 2030. This deal comes as part of THC’s commitment to
introduce new services with advanced technology that fulfill
market demand and support the development of the Kingdom’s wider
aviation sector,” said Raid Ismail, Chairman of the Board of THC.
The purchase agreement forms part of THC’s ongoing
strategic regional alliances with industry leaders, including a
recent partnership with The Red Sea Development Company (TRSDC),
the developer behind one of the world’s most ambitious regenerative
tourism projects.
The contract for the provision and operation of a
twin engine helicopter, crew and maintenance technicians,
facilitates TRSDC emergency medical services (EMS) with alternate
configuration change capability for passenger utility transport at
TRSDC’s site on the west coast of Saudi Arabia.
“We are honored by the trust that THC is placing
once again in our products and our teams and I am personally
thrilled with this expansion of our partnership,” said Bruno Even,
CEO of Airbus Helicopters. “THC will be taking full benefit of
Airbus’ latest innovations with the five-bladed H145 and the
ACH160, which we are certain will be valuable assets in their
portfolio, enabling them to develop operations in the country.”
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