FARNBOROUGH, United Kingdom, July 21, 2026 (GLOBE NEWSWIRE) — The Helicopter Company (THC), Saudi Arabia’s leading commercial helicopter operator, today announced its strategic move into fixed wing business aviation for the charter and management of jets. THC and Bombardier signed a LOI towards finalizing a firm order for 12 aircraft, including 5 Challenger 3500, 5 Global 5500 and 2 Global 8000 aircraft, with purchase options for 48 more aircraft across these platforms.(1) The signing ceremony took place at the Farnborough International Airshow, currently taking place in the United Kingdom until 24 July. The ceremony was attended by CEO of THC, Captain Arnaud Martinez, and Head of Aviation & Security at the Public Investment Fund, Muhammad Ovais Yousuf, and leadership from Bombardier, including CEO Éric Martel and company Chairman Pierre Beaudoin.