The chopper was discovered ablaze on the outskirts of the town of Kremenchuk, some 250 kilometres southeast of the capital Kiev.
"As a result of the incident, four crew members were killed," an emergency state service said in a statement on Facebook.
It said the Mi-8 helicopter was operated by the private company Ukrainian Helicopters and crashed while was on a training flight.
The agency added that the fire was "localised" at 7:35 pm, about half an hour after the crash.
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