SIRC pacts with THC to advance sustainability in aviation sector

user icon
NOHA.GAD
calender icon
Jan 20, 2025
article image

Riyadh - Sharikat Mubasher: The Helicopter Company (THC), a premier commercial helicopter operator in Saudi Arabia, signed a memorandum of understanding (MoU) with the Saudi Investment Recycling Company (SIRC) to advance sustainable aviation initiatives.

This partnership aims to enhance waste management and recycling practices in addition to promoting a greener environment in alignment with Saudi Vision 2030, THC announced in a recent statement.

The MoU reflects the shared commitment of both parties to providing sustainable aviation solutions and advanced services that contribute to reducing the environmental impact. It also targets promoting technology-driven operations and helping THC expand its scope to cover new sectors.

Arnaud Martinez, CEO of THC, emphasized the company’s dedication to effectively reducing the carbon footprint of its operations.

He noted that the agreement aims to transform ambitious ideas into tangible achievements that contribute to creating a sustainable future for the aviation industry.

In turn, Ziyad Alshiha, CEO of SIRC, stated that the collaboration aims to drive innovation, reduce emissions, ensure long-term environmental safety for the sector, and promote a sustainable future, ultimately positioning Saudi Arabia at the forefront of the global green economy.

THC, wholly owned by the Public Investment Fund (PIF), aims to activate new sectors in Saudi Arabia in line with Vision 2030 by creating a new ecosystem for general aviation services and introducing safe and efficient transport services across the Kingdom.


Share

Related News

HITEK AI launches GCC’s 1st AI-powered asset management solution
News
Calendar Icon
July 1, 2026
HITEK AI launches GCC’s 1st AI-powered asset management solution
Read More
Jisr joins hands with Tamam to enhance employees' financial experience
News
Calendar Icon
July 1, 2026
Jisr joins hands with Tamam to enhance employees' financial experience
Read More
Magna AI, Saudi Xerox partner to advance sovereign AI in Saudi Arabia
News
Calendar Icon
July 1, 2026
Magna AI, Saudi Xerox partner to advance sovereign AI in Saudi Arabia
Read More
Khalifa Fund launches 2026 Young Entrepreneurship Program
News
Calendar Icon
July 1, 2026
Khalifa Fund launches 2026 Young Entrepreneurship Program
Read More
Saudi FDI net inflows drop by 2.4% in Q1-26 to SAR 23.1 bn
News
Calendar Icon
June 30, 2026
Saudi FDI net inflows drop by 2.4% in Q1-26 to SAR 23.1 bn
Read More
Tabby receives consumer, SME finance licenses from SAMA
News
Calendar Icon
June 30, 2026
Tabby receives consumer, SME finance licenses from SAMA
Read More
Saudi Tourism Ministry unveils AI Tourism Vision, launches ‘TourismX’ AI engine
News
Calendar Icon
June 30, 2026
Saudi Tourism Ministry unveils AI Tourism Vision, launches ‘TourismX’ AI engine
Read More
100 exhibitors to partake in Global PropTech Summit in Riyadh next October
News
Calendar Icon
June 30, 2026
100 exhibitors to partake in Global PropTech Summit in Riyadh next October
Read More
AstroLabs opens new offices in Riyadh Creative District at KAFD
News
Calendar Icon
June 29, 2026
AstroLabs opens new offices in Riyadh Creative District at KAFD
Read More
Beltone Venture Capital backs ariika, Lychee to accelerate Saudi expansion
News
Calendar Icon
June 28, 2026
Beltone Venture Capital backs ariika, Lychee to accelerate Saudi expansion
Read More