Business · Companies · 6 hrs ago
Saudi Arabia’s The Helicopter Company orders 12 Bombardier jets
Saudi Arabia’s The Helicopter Company ordered 12 Bombardier business jets in a deal worth about $568 million.
The company is backed by Saudi Arabia’s Public Investment Fund and is best known for helicopter services.
The order marks its move into fixed-wing business aviation, which uses planes rather than helicopters.
It includes five Challenger 3500s, five Global 5500s and two Global 8000s.
THC can choose to order 48 more aircraft, beyond the firm order.
The company says it wants to expand as demand for private jet travel grows.
Bombardier plans a long-term investment in Saudi Arabia, including establishing a local presence as part of its partnership with THC.
Saudi Arabia-based The Helicopter Company ordered 12 Bombardier business jets in a deal valued at about $568 million.
The firm order includes five Challenger 3500s, five Global 5500s and two Global 8000s.
THC has an option to order 48 more aircraft.
The Public Investment Fund-backed company is expanding from helicopter services into fixed-wing business aviation.
Bombardier said its long-term strategic investment commitment includes establishing a local presence in Saudi Arabia.
- Who
- The Helicopter Company, a Saudi Arabia-based company backed by the Public Investment Fund, ordered the aircraft from Bombardier.
- What
- THC placed a firm order for 12 business jets worth about $568 million and holds an option for 48 more.
- When
- Bombardier announced the order on Friday; the article was published on November 13, 2026.
- Where
- Saudi Arabia; the order is part of THC’s move into fixed-wing business aviation.
- Why
- THC aims to expand its services in response to rising demand for private jet travel.
This story does not have two clearly opposing sides.
THC announced at the Farnborough Air Show that it would enter fixed-wing business aviation.
THC signed a letter of intent with Bombardier covering the purchase of up to 60 aircraft.
Bombardier announced THC’s firm order for 12 jets.
- Firm order
- 12 business jets
- Order value
- About $568 million
- Aircraft
- 5 Challenger 3500s, 5 Global 5500s and 2 Global 8000s
- Additional option
- 48 aircraft
- Buyer
- The Helicopter Company (THC), Saudi Arabia
- Parent backer
- Public Investment Fund (PIF)