In section Market Quotes

Saudi Helicopter Company Orders 12 Bombardier Jets, Holds Options for 48

A $568 million firm order for 12 Bombardier business jets will give Saudi Arabia’s Helicopter Company the start of a new corporate aircraft fleet. The agreement also includes options for 48 more jets, making it the largest business aviation fleet order to date in the kingdom, Bombardier said Friday.

Saudi Helicopter Company Orders 12 Bombardier Jets, Holds Options for 48

The Helicopter Company, owned by Saudi Arabia’s Public Investment Fund, ordered five Challenger 3500s, five Global 5500s and two Global 8000s. The aircraft are to form the foundation of THC’s business aircraft fleet. The deal formalizes a letter of intent signed by the companies at a UK air show in July.

“Demand for business aviation services in Saudi Arabia and the wider region continues to grow, and this fleet allows us to serve it with the right aircraft from day one,” THC Chief Executive Arnaud Martinez said.

The Challenger 3500 can carry up to nine passengers and has a range of 3,400 nautical miles. The Global 5500 accommodates up to 16 passengers across three zones and has a range of 5,900 miles. Bombardier says its flagship Global 8000 can fly 8,000 miles nonstop, including between Riyadh and Los Angeles.

Share:on TelegramXFacebook

Subscribe to our newsletter

Once a week — the best stories from our editors, no ads or push notifications. Delivered Sunday morning.

Comments (0)

Leave a comment

No comments yet. Be the first!