Pifs The Helicopter Company Archer Aviation And Red Sea Global Partner To Launch Evtol Air Mobility In Saudi Arabia

The Helicopter Company (THC), a Public Investment Fund (PIF) company and Saudi Arabia’s premier commercial helicopter operator, has signed an agreement at this year’s Dubai Airshow with Archer Aviation Inc. (NYSE: ACHR), a U.S.-based aerospace innovator designing and developing the key enabling technologies and aircraft necessary to power the future of aviation and Red Sea Global (RSG), the developer behind regenerative tourism destinations The Red Sea and AMAALA. The partnership will focus on the development, testing, and potential integration of Archer’s eVTOL aircraft into RSG’s operations as one of the first deployments of eVTOL aircraft in the Kingdom of Saudi Arabia.