The Airbus and THC agreement encompasses the acquisition of up to 120 Airbus helicopters including a firm order for eight H125 helicopters, with options from a previous contract to secure an additional 10 H145 helicopters.
Airbus and The Helicopter Company (THC), Saudi Arabia’s premier provider of commercial helicopter services and fully owned by the Public Investment Fund, have taken a monumental step in its growth trajectory by signing a historic framework agreement. This transformative agreement encompasses the acquisition of up to 120 Airbus helicopters of various types, marking a strategic move set to unfold over the next five to seven years. The deal includes a firm order for eight H125s, complemented by the conversion of options from a previous contract to secure an additional 10 H145s. With this agreement, THC’s total firm Airbus helicopter fleet is set to reach 60 aircraft, with 25 already in active service.
The acquisition of H125 helicopters aligns with THC’s commitment to enhancing its range of services, particularly in the areas of aerial work and tourism. Meanwhile, the H145s are earmarked for deployment in Emergency Medical Services (EMS) and corporate transport roles. The framework agreement underscores the strategic partnership between THC and Airbus, further solidifying THC’s position as a global player and a key player in the development of Saudi Arabia’s aviation ecosystem.
“Our relationship with THC started in 2020 with the first contract for 10 H125s. Since then, it’s gone from strength to strength, moving beyond just helicopters to also look at how we can help pave the way for the use of Sustainable Aviation Fuel in the region. This latest framework agreement reinforces the scope of our offering and we thank THC for allowing us to help expand their helicopter activity,” said Bruno Even, CEO, Airbus Helicopters.
THC, established as part of the Saudi Public Investment Fund’s strategy, is playing a pivotal role in developing commercial helicopter services in the Kingdom. Since its inception in mid-2019, THC has been at the forefront of introducing Airbus helicopters for various missions, including Emergency Medical Services (EMS) and supporting events such as the Dakar Rally. THC’s commitment to building a robust aviation ecosystem aligns with the broader goals of Vision 2030, contributing to the Kingdom’s aspirations in the aviation sector.
Airbus Helicopters has been a trusted partner for THC, and the framework agreement reinforces the depth of their collaboration. The worldwide best-selling H125, known for its robustness, versatility, and high performance, continues to be a preferred choice in the industry. With over 40 million flight hours and more than 5,350 helicopters in operation, the H125 has established itself as a reliable workhorse.
Capt Arnaud Martinez, CEO, THC, said, “We are delighted to announce our framework agreement with Airbus, a transformative moment in our growth journey which solidifies our position as a global player as well as regional leader. The agreement will enable us to both contribute to the Kingdom’s Vision 2030 goals through strengthening Saudi’s aviation sector whilst also meeting the changing needs of our growing customer base, both locally and globally. Our collaboration with Airbus will reshape the aviation landscape as together, we will push the boundaries of innovation and showcase that with the right partner, everything is possible in aviation.”
The H145, part of Airbus’s four-tonne-class twin-engine rotorcraft family, offers exceptional performance throughout its flight envelope. With more than 1,675 helicopters in service and over 7.6 million flight hours, the H145 stands out for its mission capability, flexibility, and low acoustic footprint, making it the quietest helicopter in its class.
The framework agreement between THC and Airbus is more than a procurement deal; it represents a transformative potential for both entities. As THC continues its journey of growth and expansion, fueled by its commitment to excellence in helicopter services, Airbus’s innovative and reliable rotorcraft will play a pivotal role. This collaboration positions THC and Airbus to push the boundaries of aviation possibilities, contributing to the development of the aviation sector in Saudi Arabia and beyond.
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In conclusion, the historic framework agreement between THC and Airbus is a testament to the strong partnership between the two entities. It signifies THC’s commitment to modernizing its helicopter fleet, offering a diverse range of services, and contributing to the growth of Saudi Arabia’s aviation sector. As the aviation landscape evolves, THC and Airbus stand poised to drive innovation, showcase the potential of helicopter services, and play a key role in shaping the future of aviation in the region.
Question- What does the framework agreement between THC and Airbus entail?
Answer-The agreement involves the acquisition of up to 120 Airbus helicopters over 5-7 years, including a firm order for 8 H125s and conversion of options for 10 H145s.
Question- How will the new helicopters be used by THC?
Answer- H125s will support aerial work and tourism, while H145s are designated for emergency medical services and corporate transport.
Question- What is the significance of this agreement for THC?
Answer- This agreement strengthens THC’s position as a global player, expands its fleet, and aligns with Saudi Arabia’s Vision 2030 for aviation development.
Note– MRO Business Today is the Principal Media Partner of the 5th MRO SOUTH ASIA SUMMIT 2024 co-located with the MRO XPO INDIA & AIRCRAFT INTERIORS INDIA 2024 to be held on 27,28 & 29 February 2024 at the Le Méridien New Delhi, India.
