Vman, leasing company in GIFT city, ordered Ten ME-1A Amphibious aircraft from US based Mallard Enterprises
Hyderabad, January 19. Vman announces the signing of the MOU for Ten (10) ME-1A Amphibious Aircraft from Mallard Enterprises at Wings India 2024 Hyderabad India.
“India has more than 6000 KM coastline (7500 KM including islands), large number of the waterbodies from sea level to 10,000 feet altitude which need efficient and economical connectivity and integration with main transport network of air, road and rail. Amphibian aircraft plays a vital role in connecting this difficult inaccessible terrain with main transport network and intra region transportation,” said Vishok Mansingh, CEO Vman.
“ME-1A is new generation Amphibian aircraft of 21st century design which will provide reliable, economical and environmentally sustainable connectivity solution and help development of the social and economic life of the hinterland.”
The ME-1A is a regional amphibious airplane, which can land and takeoff from land or water, with a standard seating capacity of 19 passengers offering low emissions, low noise pollution, faster speed, and lower operating costs on short haul routes. It will have a range of 350 nautical miles (648 kilometres) with 19 passengers and luggage and an extended range of 1050 nautical miles (1945 kilometres) with 6 passengers all including typical airline reserves. “We’re really excited to be a part of the Vman Aviation commitment towards last mile regional air travel,” said Dan Peabody, Co-Founder and Chief Executive Officer at Mallard Enterprises.
“The ME-1A, with its competitive economics, amphibious capability, and green credentials, fits very well with Vman Aviation’s vision, and we see not only the opportunity to reconnect many existing regional routes, but also open many more new ones. We believe this transformation will be good for the people of India, good for the economy as well as for the environment,” said Mohan Chunduri, Co-Founder and Chief Operating Officer at Mallard Enterprises.
“Together with Vman, we are committed to supporting India’s UDAN program with a multi-role amphibious aircraft that offers low cost vital last mile air connectivity to small communities across the country,” says AVM Arvind Walia, AVSM VSM, Advisor Business Development at Mallard Enterprises.
About Mallard Enterprises
Mallard Enterprises develops runway independent aviation solutions that increase access, save time, are cost effective and sustainable. Located in Brunswick, Maine, USA Mallard Enterprises is developing the ME-1A, a composite hull amphibious aircraft for operators who are looking for the world’s most versatile Runway Independence Aircraft.
About Vman Aviation Services IFSC Pvt Ltd
Vman is GIFT-City based aircraft leasing and asset management company. Vman provides unique and specific knowledge-based solutions on various Aircraft & Helicopter assets in India and overseas to optimise operating costs and generate higher revenues. The company provides a suite of aviation services, including aircraft leasing, sale and leaseback, asset management, aircraft valuation, lease restructuring.
