Saudi Arabia’s The Helicopter Co. Eyes Global Expansion and IPO
In an exclusive interview at the Future Aviation Forum in Riyadh, CEO Arnaud Martinez shared the ambitious plans of The Helicopter Co., a commercial chopper operator owned by Saudi Arabia’s Public Investment Fund.
Expanding Beyond Saudi Arabia
Martinez revealed that the company is looking to establish a global presence and eventually go public once it solidifies its position in the Saudi market. This aligns with the firm’s goal to generate long-term commercial returns and support the objectives of Vision 2030.
Flexibility and Responsiveness in the Aviation Market
Martinez emphasized the need for agility and reactivity in the Saudi aviation market to meet ongoing demand. The company focuses on providing the aircraft that the Kingdom needs, rather than just accumulating assets.
Evolution of The Helicopter Co.
The CEO highlighted the evolution of The Helicopter Co.’s role, shifting from being primarily an air mobility solution to now including impactful segments such as emergency services in partnership with the Saudi Red Crescent.
Future Growth and Innovation
Looking ahead, Martinez emphasized the importance of continuing to expand medical services support and contributions to hospitality and tourism. The company also plans to invest in new technology, including exploring the potential of fully electric helicopters.
Networking at the Future Aviation Forum
Martinez discussed the benefits of participating in events like the Future Aviation Forum, which brings together global aviation industry experts to discuss key issues and trends in the sector. The event supports Saudi Arabia’s vision to become a leader in the aviation industry by 2030.