On November 13, 2026, Bombardier announced a firm order from Saudi Arabia's The Helicopter Company (THC) for 12 business jets, valued at approximately $568 million USD based on 2026 list prices. This deal marks the largest business aircraft order in Saudi Arabian history. The agreement confirms a letter of intent signed in July at the Farnborough airshow.
The order includes five Challenger 3500, five Global 5500, and two Global 8000 jets. THC also has options for 48 additional aircraft, which would bring the total purchase to 60 jets. Bombardier stated that THC has sole discretion to exercise these options. This is THC's first foray into fixed-wing aviation, as it has operated helicopters since 2019 under the Saudi Public Investment Fund.
Éric Martel, Bombardier's CEO, welcomed the decision, saying it is a significant vote of confidence in the company's daily accomplishments. Arnaud Martinez, THC's CEO, viewed the agreement as the company's entry into business aviation, driven by growing demand in Saudi Arabia and the region. Martel had previously expressed honor at being chosen by THC to support their future fleet ambitions.
Bombardier has also committed to a "strategic long-term investment" in Saudi Arabia, including the establishment of a local presence. However, no details on investment amount or timeline were provided. The company's order backlog stood at $22.2 billion USD as of September, with the firm order representing around 2.6% of that total.
The potential impact of THC exercising its 48 options could significantly increase the value of Bombardier's order backlog. If all options are exercised, the total value of the deal would be substantially higher than the current $568 million USD. This development highlights Bombardier's strong presence in the business aviation market.
THC's entry into the business jet market reflects growing demand for such services in Saudi Arabia and the wider region. The company's decision to partner with Bombardier, a well-established manufacturer, underscores its commitment to providing high-quality aviation services. This move is expected to enhance THC's offerings and contribute to the growth of the business aviation sector in the region.
The partnership between Bombardier and THC is poised to strengthen Bombardier's position in the Middle Eastern market. With a significant order backlog and a commitment to investing in Saudi Arabia, Bombardier is well-positioned for continued growth in the region. The company's focus on expanding its local presence is likely to yield long-term benefits.
Key points
- The order is valued at approximately $568 million USD based on 2026 list prices.
- The deal includes five Challenger 3500, five Global 5500, and two Global 8000 jets.
- THC has options for 48 additional aircraft, which would bring the total purchase to 60 jets.
Reporting sources
- Bombardier signe la plus grosse commande de jets d'affaires de l'histoire saoudienne · La Nouvelle Tribune