May 03, 2021

Vman Aero Services LLP to launch aicraft leasing firm in GIFT city

Vman Aero Services LLP, a Mumbai based aviation company, is set to launch its Aircraft Leasing firm in the GIFT (Gujarat International Finance Tec-City) city, Gujarat.

At an aircraft leasing conference ‘India Aircraft Leasing Summit: Rupee Raftaar’ organised in New Delhi on 26th February 2021, the Civil Aviation Secretary, Mr. P. S. Kharola shared names of global aircraft financing and leasing companies, and domestic aviation-related firms who will be setting up aircraft leasing arms at the International Financial Services Centre (IFSC) in Gujarat’s GIFT City. The asset management firm Vman Aero Services LLP is poised to launch leasing firms, providing a enormous support to the Indian aviation industry.

Speaking on the aircraft leasing situation in India, Kharola said, Aircraft financing is also the most profitable segment of the aviation value chain. Currently, foreign financiers and lessors are the biggest beneficiaries of India’s growing aviation strength.