THC to extend geographic reach with AgustaWestland AW-139

One of the most reliable and efficient helicopters on a global scale, AW-139 is a multi-purpose rotorcraft.
Updated 09 October 2019

THC to extend geographic reach with AgustaWestland AW-139

The Helicopter Company (THC), which is fully owned by the Saudi Public Investment Fund (PIF), announced it has started to employ the AgustaWestland AW-139 in its operations. Upon receiving the new aircraft, THC said it will continue the process of building its fleet, which started in March this year.

One of the most reliable and efficient helicopters on a global scale, the AW-139 is a multi-purpose rotorcraft that can accommodate up to 15 passengers.

Its wide cabin, with a distinctive interior design, offers passengers comfort and luxury, allowing them to enter and exit the helicopter easily and providing ample space for storing luggage.

Yahya Al-Ghuraibi, CEO of THC, said: “Today, we have received our first AgustaWestland AW-139 aircraft, which is one step in the ambitious operational plan that THC has been implementing since we obtained a commercial operator license from the General Authority of Civil Aviation (GACA) last July. We are committed to providing exceptional air transport services that meet the aspirations and needs of our clients, including senior executives and businessmen. We always strive to translate our vision and our commitment to deliver high quality services by ensuring that our company has the best fleet of modern aircraft of the latest technology and the highest international standards.”

THC is a platinum sponsor at Dubai Airshow 2019, which will be held between Nov. 17 and 21st. The exhibition is expected to serve as a platform for THC to achieve better brand exposure, showcase its latest services, and announce its growth strategy, particularly its plans to expand the geographic scope of its services, which currently includes Riyadh, Makkah, Madinah and Tabuk, to cover all regions of the Kingdom.

PIF established The Helicopter Company as part of its strategy to activate new sectors in the Kingdom in line with Saudi Vision 2030. As the Kingdom’s first local commercial helicopter operator, THC offers private air transport services within the main cities in addition to tours to many different attractions all over the Kingdom.


Sheikh Ahmed bin Saqr Al-Qasimi, chairman of RAKEZ.

Updated 09 April 2020

Sheikh Ahmed bin Saqr Al-Qasimi, chairman of RAKEZ.

Ras Al-Khaimah Economic Zone (RAKEZ) has launched customized bundles of incentives with a total value of 50 million dirhams ($13.6 million) to ease the impact of the current global situation for its family of more than 15,000 companies and reinforce their business continuity. The incentives comprise various discounts on fees, waiver of penalties and fees as well as flexible installment options.

“Our clients are at the heart of everything we do, and now more than ever, we are here for them,” said Sheikh Ahmed bin Saqr Al-Qasimi, chairman of RAKEZ. “We understand that these uncertain times present unique challenges to different businesses, so we decided not to rush and launch unevaluated incentives. Instead, we took the time to study the situation from our clients’ perspective — what challenges each sector is facing and how we can lessen their burdens. With the allocation of this 50 million dirhams support fund, we make it possible to customize bundles of benefits based on each clients’ need to boost their business stability.”

Our aim is to make sure that when this situation ends, we come out stronger together and ready to bounce back.”

Under the allocated fund, the economic zone has introduced Client Support Boosters for the SME and the industrial sectors, offering various incentives and the agility to customize solutions based on its clients’ needs.