According to a report in Economic Times, Indian aircraft leasing company Vman Aviation Services, which is based out of the International Financial Services Centre (IFSC) at Gujarat’s Gift City, has signed an agreement with the Hindustan Aeronautics Limited (HAL) for the purchase of 5 Civilian Light Utility Helicopter (LUH).

The agreement also has provision for another 5 LUH. Last year Vman placed an order for an Airbus H125 helicopter on lease and the company has plans to expand helicopter operations in the country said Vishok Mansingh, chief executive of Vman Aviation Services.

LUH is HAL’s next-generation 3-ton Class helicopter that is powered by a single Turbomeca Shakti-1U Tubo shaft engine that has cleared developmental trials and the Ministry of Defence placed an initial order of 12 Light Utility Helicopters out of which 6 are for the Indian Army and another 6 for the Indian Air Force.

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