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UTair Builds in Peru

UTair aims to build Latin America's first helicopter maintenance center in Peru, state news agency Andina reported.

The company plans to invest $8 million in 10 hectares of land south of Lima, workshops, offices and a hangar to handle growing regional demand for Russian choppers, the Lima-based agency said last week, citing UTair Helicopter Services president Alexei Vinogradov.

UTair will also invest $50 million this year in new MI-171 helicopters for its Helisur unit, which supplies Peru's oil industry, according to Andina.

(Bloomberg)

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