Saudi Arabia's The Helicopter Company orders 12 Bombardier jets in fixed-wing aviation push
BBD•The Helicopter Company finalized an order for 12 Bombardier business jets worth about $568 million, with options for 48 more. The order includes five Challenger 3500s, five Global 5500s and two Global 8000s.
1. Jet order finalized
The Helicopter Company finalized a firm order for 12 Bombardier business jets worth about $568 million as the Saudi operator expands into fixed-wing aviation. Bombardier said the order includes five Challenger 3500 jets, five Global 5500 jets and two Global 8000 jets; THC retains options for 48 additional aircraft.
2. Saudi partnership
Bombardier said it has committed to a long-term strategic investment that includes establishing a local footprint in Saudi Arabia. THC had signed a letter of intent at the Farnborough airshow for up to 60 aircraft.
3. Expansion plans
Largely known for helicopter-charter operations, THC announced plans to enter fixed-wing business aviation at the airshow. Last November, it also signed a deal with Archer Aviation to develop, test and potentially deploy electric aircraft in the Kingdom.
