20-Jun-2023Source: Rotortrade
The Helicopter Company (THC), a wholly-owned Public Investment Fund (PIF) company in Saudi Arabia, is pleased to announce the complete acquisition of 100% stake in Rotortrade (RT), a trusted global helicopter dealership operating across five continents. This acquisition marks a significant milestone in the THC/RT growth and development strategy. This strategic investment will further strengthen... Read more
9-Mar-2023Source: Leonardo
THC (The Helicopter Company) will further expand its fleet of Leonardo AW139 intermediate twin engine helicopters to reinforce search and rescue (SAR), Emergency Medical Services (EMS) and Corporate transport in the Kingdom of Saudi Arabia. At Heli-Expo 2023 (7-9 March) in Atlanta, Georgia, the Company announced its willingness to engage negotiations to procure additional six... Read more
6-Dec-2022
The Helicopter Company (THC), established by the Public Investment Fund (PIF) as the first helicopter services provider licensed to operate commercial flights in the Kingdom of Saudi Arabia, has signed an HCare In-Service contract to cover its future fleet of six ACH160 helicopters. When delivered, the ACH160s will be deployed across the Kingdom of Saudi... Read more
9-Nov-2022Source: Airbus Helicopters
The Helicopter Company (THC), established by the Public Investment Fund (PIF) as the first helicopter services provider licensed to operate commercial flights in the Kingdom of Saudi Arabia, has signed an HCare In-Service contract to cover their fleet of 20 five-bladed H145 helicopters. The fleet of H145s was ordered in December 2021 and will be... Read more
25-Jul-2022Source: Saudi Red Crescent Authority
Attended by His Excellency Minister of Health, Eng. Fahad Al Jalajel, the Saudi Red Crescent Authority and The Helicopter Company, fully Owned by Public Investment Fund (PIF), signed an agreement for inauguration of the Saudi Air Ambulance Service in the kingdom illustrating efforts of raising the level of quality and efficiency of ambulatory services as... Read more
21-Mar-2022Source: Rotortrade
The Helicopter Company (THC) fully owned by the Public Investment Fund (PIF), and Rotortrade (RT), a trusted global helicopter distributor present across five continents, have entered into a strategic partnership that will allow each company to expand their operation and meet the growing demand for helicopter services. This successful partnership with Rotortrade contributes to THC’s... Read more
10-Mar-2022Source: Airbus Helicopters
Airbus and The Helicopter Company (THC) have signed an agreement in order to continue expanding helicopter activities as well as to introduce urban air mobility in the Kingdom of Saudi Arabia. This comes as an additional step toward the co-creation of an Urban Air Mobility ecosystem in the Kingdom. The signing of this agreement is... Read more
6-Dec-2021Source: Airbus Helicopters
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, today announced that it has signed a second purchase agreement with Airbus Helicopters. The agreement was signed by Raid Ismail, Chairman of the Board of... Read more
20-Aug-2020Source: Airbus
The Helicopter Company (THC), which is fully owned by the Public Investment Fund (PIF) of Saudi Arabia, today announced that it has signed a purchase agreement with Airbus Helicopters to purchase 10 H125 helicopters. The deal comes as part of THC’s commitment to further expand its fleet and introduce new services that fulfill market demand... Read more
12-Nov-2019Source: Robert Swan
The Helicopter Company of Saudia Arabia (THC) was set up in 2018 as an independent company wholly owned by the Saudi Public Investment Fund (PIF). Surprisingly, it is the first Saudi-owned independent commercial helicopter operator in the oil-rich kingdom, and its creation forms part of the PIF’s mission to support Saudi Vision 2030 by establishing... Read more
9-Sep-2019Source: GACA
The Helicopter Company has gotten a permit to work business flights from the General Authority of Civil Aviation (GACA), and in festivity of this achievement the organization facilitated a supper service on July 28 at Crowne Plaza RDC Hotel and Convention Center in Riyadh. CEO of The Helicopter Company Yahya Al-Ghoraibi was given the Air... Read more
18-Mar-2019Source: Public Investment Fund
The Public Investment Fund (PIF) announces the launch of The Helicopter Company, the first national commercial helicopter operator in Saudi Arabia. The Company will provide private transportation services within the main cities of Saudi Arabia as well as tourist trips to various attractions around the Kingdom. The Helicopter Company has been created with initial capital... Read more
