Vman Aviation to buy five light utility helicopter from Hindustan Aeronautics

Indian aircraft leasing company Vman Aviation Services on Monday signed an agreement with Hindustan Aeronautics Limited (HAL) for five light utility helicopters. Vman is an Indian leasing service firm, based out of International Financial Services Centre (IFSC) at Gujarat’s Gift City.

The transaction is important because this is enabling an ecosystem loop where Indian manufactured equipment will be offered by an Indian leasing company.