The Helicopter Company Signs SAR 600M Islamic Credit Facility Agreement with Arab National Bank

The agreement will support THC’s continuous growth and operational stability in Saudi Arabia 
 

Riyadh, July 13, 2025 – The Helicopter Company (THC), a fully owned company of the Public Investment Fund is Saudi Arabia's premier provider of commercial helicopter services and has recently signed a SAR 600 million Islamic Credit Facility agreement with Arab National Bank (ANB). 

This financing represents a substantial boost for THC's debt structure, offering stability through a long-term repayment period of 8 years. This repayment period is tailored to match THC's evolving business requirements and provides the company with the necessary flexibility to seize strategic growth opportunities and position THC for strong expansion into other markets and services. This financing also bolsters THC’s operational resilience, allowing the company to be agile and responsive to market demands and swiftly capitalize on emerging opportunities. 

“The long-term facility will support THC’s financial resilience and long-term stability, enabling us to navigate dynamic market conditions and continue serving our customers with confidence, contributing to the development of Saudi Arabia’s aviation sector in line with Vision 2030 goals,” said Captain Arnaud Martinez, CEO of The Helicopter Company. 
“It is about having the financial agility to act decisively in an evolving and dynamic aviation industry. This financing strengthens our strategic capabilities, allowing us to explore synergistic partnerships and targeted investments that will accelerate our long-term growth trajectory at a global scale.” he added.
Commenting, Mr. Louai Alzaher, Arab National Bank (ANB) Chief Wholesale Bank Officer, said, “We are proud to partner with The Helicopter Company (THC), in support of Saudi Vision 2030. This financing reflects our commitment to empowering national champions, driving economic diversification, and creating new opportunities for growth and innovation in the Kingdom.”

For any media queries on THC, please contact:
Tania Ahmed
[email protected]

About The Helicopter Company:
THC was established as part of Saudi Public Investment Fund (PIF)’s strategy to activate new sectors in Saudi Arabia that support the realization of Vision 2030 by creating an entire new ecosystem for general aviation services and introducing safe and efficient transport services across the kingdom. THC is Kingdom’s premier commercial helicopter operator and has been operating since mid-2019. THC has 60± aircraft that serve diverse segments, including Emergency Medical Services (EMS), aerial work, private charters and tourism in the Kingdom. 

For more information, please visit: https://www.helicopter.com.sa/
LinkedIn: The Helicopter Company