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THC Orders 11 Leonardo AW139s and Up to 60 Bombardier Jets

The Helicopter Company placed a firm order for 11 AW139s and signed an LOI for up to 60 Bombardier jets at Farnborough 2026.

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Saudi Arabia’s commercial helicopter operator, The Helicopter Company (THC), placed a firm order for 11 additional Leonardo AW139 intermediate twin-engine Helicopters at the Farnborough International Airshow on July 21, 2026. The acquisition bolsters the operator’s rotary-wing capacity just as it announces a major expansion into fixed-wing business aviation.

In a press release issued during the airshow, Leonardo confirmed the new AW139s are scheduled for Delivery between 2027 and 2028. The order falls under a multi-year framework agreement signed by the two companies in 2024, which allows for the potential acquisition of up to 130 aircraft to support emergency medical services, VIP transport, and offshore operations.

Expanding the rotary-wing fleet

THC, a Public Investment Fund (PIF) company, has rapidly scaled its operations to align with the Saudi Vision 2030 initiative. According to Arab News, the operator currently maintains an active fleet of 60 aircraft across Saudi Arabia.

The latest commitment follows a recent milestone for the partnership, with Leonardo having just delivered the 40th aircraft to THC. The AW139 program itself has accumulated approximately 1,600 global orders across more than 90 countries.

“We are very pleased to move forward into the next stage of THC’s Leonardo helicopter fleet expansion and modernization plan which we launched two years ago, having also recently celebrated the delivery of the operator’s 40th aircraft,” said Gian Piero Cutillo, Co-General Manager of Leonardo and Managing Director of Leonardo Helicopters. “We stand ready and committed to supporting THC through its long-term strategy project to make sure our technology provides the high standard of service KSA’s communities expect.”

Strategic shift to fixed-wing operations

While the Leonardo order strengthens THC’s established helicopter operations, the company used the Farnborough Airshow to announce a fundamental shift in its business model. According to reporting by Aviation Week, THC signed a Letter of Intent with Bombardier on July 21, 2026, for up to 60 business jets.

The fixed-wing agreement includes a firm order for 12 aircraft, comprising five Bombardier Challenger 3500s, five Bombardier Global 5500s, and two Bombardier Global 8000s. The deal also includes purchase options for 48 additional jets, marking THC’s evolution into a comprehensive general aviation provider.

Captain Arnaud Martinez, CEO of THC, noted in the Leonardo press release that the AW139 order contributes to a broader fleet optimization Strategy while supporting plans to grow the company’s global footprint.

AirPro News analysis

We view THC’s concurrent announcements at Farnborough as a clear indicator of the Public Investment Fund’s aggressive timeline for building a self-sufficient aviation ecosystem in Saudi Arabia. By executing a massive fixed-wing order with Bombardier alongside steady, incremental rotary-wing acquisitions from Leonardo, THC is rapidly transforming from a specialized domestic helicopter operator into a diversified, international aviation services provider. The dual original equipment Manufacturers (OEM) strategy mitigates supply chain risks while ensuring the company has the specific airframes required to support both regional emergency services and long-haul VIP transport.

Sources: Leonardo

Photo Credit: Leonardo

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Business Aviation

Textron Aviation Names Brian Rohloff as New CEO in 2026

Brian Rohloff, a 29-year Textron veteran, becomes president and CEO of Textron Aviation on August 31, 2026, succeeding Ron Draper.

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Textron Inc. has appointed 29-year company veteran Brian Rohloff as the new president and chief executive officer of Textron Aviation, effective August 31, 2026. Rohloff succeeds Ron Draper, who is retiring after leading the Wichita-based manufacturers since 2018.

The leadership transition, announced in a press release on August 24, 2026, places Rohloff at the helm of one of the largest general aviation manufacturers in the world. He will oversee marquee brands including Cessna, Beechcraft, and Pipistrel during a period of planned corporate restructuring and active aircraft certification programs.

Executive transition and corporate restructuring

Rohloff brings nearly three decades of experience across multiple functions at Textron Aviation. Textron Inc. President and CEO Lisa Atherton expressed confidence in the appointment, stating that Rohloff has built trusted relationships with employees, customers, and suppliers.

“Brian is a proven leader who brings a deep understanding of our business, our products, our customers and our industry,” Atherton said in the company statement.

Draper began his career with Textron in 1999 as director of supply-chain management for Cessna Aircraft. He will remain with the company as a senior adviser through the end of 2026 to facilitate the transition. According to reporting by FLYING Magazine, the executive change occurs ahead of a broader planned restructuring of Textron’s business units.

Reflecting on his tenure, Draper noted his gratitude for the opportunity to lead the team. He told FLYING Magazine that the company successfully navigated challenges and advanced aviation while maintaining its commitment to customers and communities.

Advancing the Cessna Citation lineup

Rohloff assumes control of Textron Aviation during a busy period for its product development and delivery pipelines. On August 17, 2026, the manufacturer announced the 500th delivery of a Cessna Citation CJ4 series business jet. The milestone aircraft, a Cessna Citation CJ4 Gen2, was delivered to a customer in the Philippines.

The company is currently preparing for the certification of its next-generation Cessna Citation CJ4 Gen3, alongside ongoing production and development of the Cessna Citation XLS+, Cessna Citation X, Cessna SkyCourier, and Beechcraft Denali.

AirPro News analysis

We view this transition as a continuity play for Textron Aviation. Elevating a 29-year internal veteran signals a preference for stability as the manufacturer navigates the certification of the Cessna Citation CJ4 Gen3 and the Beechcraft Denali. Draper’s eight-year tenure as chief executive provided a steady hand through significant supply-chain disruptions and the integration of Pipistrel into the corporate portfolio. Retaining him as an adviser through the end of 2026 should ensure a seamless handover before the broader corporate restructuring takes full effect.

Sources: Textron Inc.

Photo Credit: Textron Inc.

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Business Aviation

Infinity Aviation Group Acquires FBO at Trenton-Mercer Airport

Infinity Aviation Group expands into the NYC metro area with the acquisition of the FlightServ FBO at Trenton-Mercer Airport, NJ.

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Infinity Aviation Group has expanded its fixed base operations (FBO) network into the New York metropolitan area with the acquisition of the FlightServ facility at Trenton-Mercer Airports (TTN) in New Jersey.

Announced in an August 19, 2026, press release, the acquisition marks the third location for Infinity Aviation Group. The Trenton facility joins the company’s existing operations in Nashua, New Hampshire, and Vero Beach, Florida. The move positions the company to capture business aviation traffic seeking uncongested alternatives to Teterboro and Morristown airports.

Facility specifications and capabilities

The FlightServ facility at Trenton-Mercer Airport was completed in 2023. The complex features a 30,000-square-foot FBO terminal and 80,000 square feet of climate-controlled hangar space. The hangars are equipped with 28-foot doors, allowing the facility to accommodate the largest business aviation aircraft currently in service.

Trenton-Mercer Airport features a 6,000-foot primary runway and operates without slot restrictions. The airport also maintains on-site U.S. Customs and Border Protection (CBP) capabilities for international arrivals.

“Trenton sits in one of the busiest business aviation markets in the country, and with the addition of this site, Infinity will be able to better serve the New York metropolitan business aviation community,” said Steven Levesque, CEO of Infinity Aviation Group.

Levesque noted that the company plans to invest further in the Trenton operation by adding hangar capacity and expanding ramp capabilities.

Continuity for charter and maintenance operations

While Infinity Aviation Group has acquired the FBO business, the founding ownership of FlightServ will maintain a presence at the airport. Aviation Charters, a Part 135 charter and aircraft management business operated by the founders, will remain on-site to provide charter, management, and maintenance services.

The existing FlightServ FBO staff will transition to Infinity Aviation Group. According to Levesque, the retention of the local team is part of a broader strategy to maintain service continuity while integrating the location into the company’s East Coast network.

AirPro News analysis

We view Infinity Aviation Group’s acquisition at Trenton-Mercer Airport as a strategic play for the congested Northeast corridor. As Teterboro Airport and Westchester County Airport continue to face capacity constraints, slot restrictions, and noise abatement pressures, satellite airports like TTN become increasingly valuable for business aircraft operators. By securing a recently built facility with large-cabin hangar capacity and on-site customs, Infinity establishes a highly capable relief valve for New York and Philadelphia traffic. Linking New Hampshire, New Jersey, and Florida also aligns directly with the dominant North-South corporate and private travel patterns on the Eastern Seaboard.

Sources: Infinity Aviation Group

Photo Credit: FlightServ

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Business Aviation

FTAI Aviation Closes $2B Warehouse Financing for 2026 SPV

FTAI Aviation secures $2B warehouse facility for mid-life 737NG and A320ceo acquisitions, reaching $5.5B in total Strategic Capital financing.

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FTAI Aviation Ltd. has secured a $2.0 billion warehouse financing facility to fund the acquisition of mid-life Boeing 737NG and Airbus A320ceo aircraft through its second Strategic Capital investment vehicle. The transaction closed on August 14, 2026, bringing the company’s total warehouse financing for its Strategic Capital business to $5.5 billion in under two years.

Announced in a press release on August 17, 2026, the financing supports the newly launched 2026 Special Purpose Vehicle (SPV). The facility includes a $1.0 billion accordion feature, providing a potential total capacity of $3.0 billion. A syndicate of 13 financial institutions participated in the transaction, highlighting market support for FTAI’s strategy of pairing asset ownership with in-house engine maintenance capabilities.

Expanding the Strategic Capital portfolio

The 2026 SPV follows the deployment of FTAI’s inaugural vehicle, the 2025 SPV, which launched in October 2025. That initial vehicle raised $2.0 billion in equity commitments and has since committed approximately $6.0 billion across more than 300 aircraft.

Kallie Steffes, Head of Strategic Capital at FTAI Aviation, noted that the inaugural vehicle is now in its harvest phase and described the new financing as a continued execution of the company’s business plan.

“We are grateful to our lending partners, whose support reflects growing confidence in our platform as we carry this momentum and a robust pipeline of new acquisitions into the 2026 SPV,” Steffes stated in the release.

Financial performance and syndicate details

The launch of the 2026 SPV aligns with a period of revenue growth for the New York-based lessor. On July 29, 2026, FTAI reported second-quarter Aerospace Products revenue of $875.0 million, representing a 78 percent year-over-year increase. During that earnings report, the company confirmed the 2026 SPV had already begun making aircraft acquisition commitments.

The $2.0 billion facility was supported by a diverse banking syndicate. Participating institutions include ATLAS SP Partners, Deutsche Bank, Apple Bank, BNP Paribas, Citibank, Citizens Bank, Goldman Sachs, MUFG Bank, PNC Bank, Royal Bank of Canada, Standard Chartered, Truist Bank, and U.S. Bank.

AirPro News analysis

We view FTAI Aviation’s rapid scaling of its Strategic Capital vehicles as a direct response to the sustained industry demand for mid-life narrowbody Commercial-Aircraft. With ongoing Supply-Chain constraints and Deliveries delays affecting new-generation Boeing 737 MAX and Airbus A320neo family aircraft, operators are extending the lives of their existing Boeing 737NG and Airbus A320ceo fleets. FTAI’s model of combining aircraft leasing with internal engine maintenance capabilities positions the company to capitalize on the high utilization rates of these mature platforms. Securing $5.5 billion in warehouse financing across two vehicles in less than 24 months underscores strong institutional confidence in this integrated aftermarket strategy.

Sources: FTAI Aviation Ltd. Press Release (August 17, 2026)

Photo Credit: FTAI Aviation

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