PIF’s The Helicopter Company Buys Helicopters from Airbus

Posted on 08/22/2020

Riyadh-based The Helicopter Company (THC), a business unit of Saudi Arabia’s Public Investment Fund (PIF), purchased 10 H125 helicopters from Airbus SE. PIF is keen on increasing tourism within Saudi Arabia.

On another note, Saudi Bahri signed a new agreement with Hyundai Mipo Dockyard, a member of Hyundai Heavy Industries (HHI) Group. The agreement includes the construvtion of ten 49,999-dwt Medium Range (MR) chemical tankers.

Keywords: Airbus Group.

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