logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. THC signs $568mn Bombardier deal to launch business aviation fleet

THC signs $568mn Bombardier deal to launch business aviation fleet

GHADA.ISMAIL
Nov 15, 2026
Bombardier will also establish a local presence in Saudi Arabia as part of its long-term strategic partnership with THC

Riyadh – Sharikat Mubasher: The Helicopter Company (THC), Saudi Arabia’s leading commercial helicopter operator, signed a $568 million agreement with Canadian aircraft manufacturer Bombardier to purchase 12 business jets, with options for an additional 48 aircraft, marking its entry into the business aviation market.

As per a recent press release, the firm order covers five Challenger 3500, five Global 5500, and two Global 8000 aircraft, based on 2026 list prices. It formalizes a letter of intent announced at the Farnborough International Airshow in July 2026.

The transaction represents Saudi Arabia’s largest business aviation fleet order to date and will establish the foundation of THC’s business jet operations, enabling it to serve growing demand for premium travel within the Kingdom and across the region.

On this occasion, Arnaud Martinez, Chief Executive Officer, THC said: “This transaction marks THC’s entry into business aviation and the next step in building an integrated aviation operator for the Kingdom.”

Meanwhile, Éric Martel, President and Chief Executive Officer, Bombardier said: “The Helicopter Company's decision to move forward with these fleet purchase agreements is a meaningful vote of confidence in what our teams deliver every day.”

With this partnership, Bombardier is also committed to a long-term strategic investment, including establishing a local presence in Saudi Arabia, supporting the Kingdom’s aviation sector development under Vision 2030.

Tags

THC
Aviation
Bombardier
Business Jets
Share

Attract clients with your ad

Start Now

Trending

THC signs $568mn Bombardier deal to launch business aviation fleet
MUBASHER
FII Institute reschedules 10th Future Investment Initiative to October 2027
MUBASHER.SA
Saudi Arabia secures high rankings in IMD’s 2026 AI Index
MUBASHER.SA
Invest Qatar rolls out program to connect startups with global investors
MUBASHER
Zacua Ventures closes $135mn Fund II backed by Dubai Future District Fund
MUBASHER

Related News

Private Equities News
Calendar Icon
Nov 15, 2026
THC signs $568mn Bombardier deal to launch business aviation fleet
Read More
Private Equities News
Calendar Icon
Nov 12, 2026
FII Institute reschedules 10th Future Investment Initiative to October 2027
Read More
Private Equities News
Calendar Icon
Nov 12, 2026
Saudi Arabia secures high rankings in IMD’s 2026 AI Index
Read More
Private Equities News
Calendar Icon
Nov 12, 2026
Invest Qatar rolls out program to connect startups with global investors
Read More
Private Equities News
Calendar Icon
Nov 12, 2026
Zacua Ventures closes $135mn Fund II backed by Dubai Future District Fund
Read More
Private Equities News
Calendar Icon
Nov 11, 2026
Network International, AdalFi collaborate to improve credit access across MEA
Read More
Private Equities News
Calendar Icon
Nov 11, 2026
SVC invests in Jadwa Investment’s private credit fund
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher