110 likes | 121 Views
The Isle of Man Aircraft Registry, led by Brian E. Johnson, aims to enable the Island's financial and professional service companies to develop a new business opportunity. With a 24% increase in worldwide private aircraft sales, valued at $18.8 billion, the registry offers high regulatory standards, favorable tax regime, professional infrastructure, and a secure mortgage registry.
E N D
Isle of Man Aircraft Registry Brian E JohnsonDirector of Civil Aviation
“To enable the Island’s financial and professional service companies to develop a new business opportunity for the Island.”
Increase of 24% in worldwide private aircraft sales in 2005-2006 • Value $18.8 billion • New Business Jet deliveries worldwide 2005 – 750 2006 – 885 2007 – 1000+ • Netjets Europe $1.1 billion order in 2006 • Netjets $1 billion order for 92 Citations in 2007
Aircraft Register is many parts …. • Legislation / UK Based • Airworthiness / technical procedures • Aircraft 24-bit address • Radio Licence • AAIB • Mortgage Register • Scheme of Charges
Private & Corporate only, not Commercial Air Transport • ICAO/UK • Finance, Insurance, Leasing and register?
ICAO – UK Registers United KingdomG-xxxx BermudaVP-Bxx Turks and CaicosVQ-Txx Isle of ManM-xxxx Cayman IslandsVP-Cxx Virgin IslandsVP-Lxx AnguillaVP-Axx MontserratVP-Mxx Falkland IslandsVP-Fxx
Private & Corporate only, not Commercial Air Transport M-ELON M-BWFC M-ICRO M-ONTY M-XONE M-AGIC M-ANXI M-YJET M-ONEY M-OCRA
Isle of Man Offers • AAA rated jurisdiction • High regulatory standards • High service levels and quality International reputation • Favourable tax regime • Professional infrastructure with experience in aviation finance • Stable legal and political environment • Secure mortgage registry • No insurance premium tax • Neutral registration prefix • European time zone
The future … • Quality not quantity • Fractional Ownership – ‘non commercial’? • Executive aircraft facility
Thank you www.iomaircraftregistry.com