Key Highlights
- Bombardier and The Helicopter Company signed firm agreements for up to 60 business jets.
- The firm order covers 12 aircraft valued at about US$568 million at 2026 list prices.
- The Helicopter Company also holds options to buy up to 48 additional Bombardier aircraft.
Bombardier (TSX: BBD-B) and Saudi Arabia-based The Helicopter Company (THC) have signed firm fleet purchase agreements for up to 60 Bombardier business jets, including a firm order for 12 aircraft valued at about US$568 million based on 2026 list prices.
Bombardier said the agreements convert a letter of intent announced in July 2026 into a binding order and will form the foundation of THC’s business aircraft fleet.
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The firm order includes five Challenger 3500 aircraft, five Global 5500 aircraft, and two Global 8000 aircraft. The agreements also include options for an additional 48 aircraft, which the release notes would be exercised at the client’s discretion.
THC described the transaction as its entry into business aviation, alongside its existing helicopter operations. In the release, THC said it is the Kingdom’s leading commercial helicopter operator and has operated since mid-2019, with more than 60 aircraft serving segments including emergency medical services, aerial work, private charters and tourism.
Bombardier also said it has committed to a long-term strategic investment as part of the partnership, including establishing a local footprint in the Kingdom of Saudi Arabia.
The original press release is available on stockhouse.com
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