{"id":7247,"date":"2021-12-05T16:42:24","date_gmt":"2021-12-05T15:42:24","guid":{"rendered":"https:\/\/www.dgualdo.it\/wpmain\/?p=7247"},"modified":"2021-12-05T16:42:37","modified_gmt":"2021-12-05T15:42:37","slug":"the-helicopter-company-expands-fleet-with-the-purchase-of-26-aircraft-from-airbus-helicopters","status":"publish","type":"post","link":"https:\/\/www.dgualdo.it\/wpmain\/the-helicopter-company-expands-fleet-with-the-purchase-of-26-aircraft-from-airbus-helicopters\/world_news\/12\/2021\/","title":{"rendered":"The Helicopter Company expands fleet with the purchase of 26 aircraft from Airbus Helicopters."},"content":{"rendered":"\n
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PRESS RELEASE – 4 December 2021<\/p>\n\n\n\n

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.<\/h3>\n\n\n\n

The agreement was signed by Raid Ismail, Chairman of the Board of THC and Bruno Even, CEO of Airbus Helicopters, in the presence of His Excellency Khalid Al Falih, Minister of Investment and\u00a0His Excellency Franck Riester, Minister Delegate for Foreign Trade and Economic Attractiveness.

The partnership will contribute to the ongoing expansion of THC\u2019s regional fleet ahead of announcing an exciting new journey as a General Aviation champion, with twenty orders of the newly launched five bladed H145 and six ACH160 models<\/strong>. All aircraft feature cutting-edge technologies and biofuel-compatible engines, marking a significant milestone in developing alternatives to conventional aviation fuels and achieving decarbonization of helicopter flights.

Launching its services in 2019, THC was established by PIF as part of its strategy to activate new sectors in Saudi Arabia that support the realisation of Vision 2030 and generate long-term commercial returns, while meeting the growing demand for luxury tourism and air travel services. THC previously signed an agreement to buy 10 Airbus H125 helicopters to increase access to domestic tourism destinations and provide services such as filming and aerial surveying \u2013 and is now further expanding its services with the addition of the H145 and H160 to its fleet.<\/strong>

\u201cOur mission is to create a world-class National Aviation Champion and today, by signing this agreement with our trusted partner Airbus, we mark an important milestone in our journey to grow together with the nation in focus to fulfil Saudi Vision 2030. This deal comes as part of THC\u2019s commitment to introduce new services with advanced technology that fulfill market demand and support the development of the Kingdom\u2019s wider aviation sector,\u201d said Raid Ismail, Chairman of the Board of THC.

\u201cWe are honored by the trust that THC is placing once again in our products and our teams and I am personally thrilled with this expansion of our partnership\u201d, said Bruno Even, CEO of Airbus Helicopters. \u201cTHC will be taking full benefit of Airbus\u2019 latest innovations with the five-bladed H145 and the ACH160, which we are certain will be valuable assets in their portfolio, enabling them to develop operations in the country,\u201d he added.

Commenting on the partnership, Captain Arnaud Martinez, CEO of THC said, \u201cWe are extremely proud to sign this deal today with a world-leading aircraft manufacturer like Airbus. This important milestone is indicative of our growth as a business since our inception and of our positive contribution to the delivery of Saudi Arabia\u2019s 2030 Vision in terms of stimulating new sectors. Moreover, it is a commitment to the recently announced goals of the Saudi Green Initiative to not only grow our business and industry, but to do so in a sustainable manner.\u201d

The purchase agreement forms part of THC\u2019s ongoing strategic regional alliances with industry leaders, including a recent partnership with The Red Sea Development Company (TRSDC), the developer behind the world\u2019s most ambitious regenerative tourism project. The contract for the provision and operation of a twin engine helicopter, crew and maintenance technicians, facilitates TRSDC emergency medical services (EMS) with alternate configuration change capability for passenger utility transport at TRSDC\u2019s site on the west coast of Saudi Arabia.

John Pagano, CEO of TRSDC said, \u201cAs we strive to lead the way in creating a smart and sustainable mobility network for our destinations, we are thrilled to witness the growth and expansion of our partner, The Helicopter Company, who are paving the way to a sustainable future for aerospace in Saudi Arabia. It is imperative that the full aviation ecosystem continues to come together to build a resilient, stronger and greener future.\u201d<\/p>\n\n\n\n

About The Helicopter Company (THC)<\/strong><\/h3>\n\n\n\n

The Saudi Public Investment Fund (PIF) established THC as part of its strategy to activate new sectors in Saudi Arabia that support the realization of Vision 2030 and generate long-term commercial returns. THC is the Kingdom\u2019s first and only commercial helicopter operator and has been operating since mid-2019.<\/p>\n\n\n\n

About The Red Sea Development Company<\/strong><\/h3>\n\n\n\n

The Red Sea Development Company\u202f(TRSDC) is a closed joint-stock company wholly owned by the Public Investment Fund (PIF) of Saudi Arabia. TRSDC was established to drive the development of\u202fThe Red Sea Project<\/a>, a luxury, regenerative tourism destination that will set new standards in\u202f sustainable development<\/a> \u202fand position Saudi Arabia on the global tourism map.\u00a0

\u202fThe project is being developed over 28,000 km2<\/sup>\u202fof pristine lands and waters along Saudi Arabia\u2019s west coast and includes a vast archipelago of more than 90 pristine islands.\u202fThe destination<\/a>\u202falso features sweeping desert dunes, mountain canyons, dormant volcanoes, and ancient cultural and heritage sites.\u00a0It is designed to include hotels, residential properties, leisure, commercial and entertainment amenities, as well as supporting infrastructure that emphasizes renewable energy and water conservation and re-use, as well as a circular waste management system to achieve zero waste to landfill.\u00a0

\u202fActivity for the\u202ffirst phase<\/a>\u202fof development is well underway and is on track to be completed by the end of 2023. The project has surpassed significant milestones, with over\u00a0700 contracts signed to date, worth nearly SAR 19\u00a0bn ($5bn).\u00a0

\u202fThe 100-hectare Landscape Nursery, which will provide more than 25 million plants for the The Red Sea Project and AMAALA, is now fully operational. There are more than\u00a010,000 workers currently on-site and 80km of new roads are now complete.\u00a0The Construction Village and the Waste Management Centre are both fully operational and development is progressing well at the Coastal Village, which will be home to around 14,000 people who will eventually work at the destination.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

PRESS RELEASE – 4 December 2021 The Helicopter Company (THC), established by the Public Investment Fund (PIF) as<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47,6],"tags":[],"class_list":["post-7247","post","type-post","status-publish","format-standard","hentry","category-airbus-helicopters-news","category-world_news"],"_links":{"self":[{"href":"https:\/\/www.dgualdo.it\/wpmain\/wp-json\/wp\/v2\/posts\/7247","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dgualdo.it\/wpmain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dgualdo.it\/wpmain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dgualdo.it\/wpmain\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dgualdo.it\/wpmain\/wp-json\/wp\/v2\/comments?post=7247"}],"version-history":[{"count":3,"href":"https:\/\/www.dgualdo.it\/wpmain\/wp-json\/wp\/v2\/posts\/7247\/revisions"}],"predecessor-version":[{"id":7251,"href":"https:\/\/www.dgualdo.it\/wpmain\/wp-json\/wp\/v2\/posts\/7247\/revisions\/7251"}],"wp:attachment":[{"href":"https:\/\/www.dgualdo.it\/wpmain\/wp-json\/wp\/v2\/media?parent=7247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dgualdo.it\/wpmain\/wp-json\/wp\/v2\/categories?post=7247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dgualdo.it\/wpmain\/wp-json\/wp\/v2\/tags?post=7247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}