The World Commerce Review has named the Isle of Man Aircraft Registry winner of the Best Global Aviation Registry.
A continuing commitment to deployment of the best possible solutions for the benefit of their clients, product innovation, best practice criteria and on-going customer service were all taken into account by the selection panel.
The Aircraft Registry listed the benefits of registering an aircraft in the Isle of Man:
- High regulatory standards
- High service levels and Award winning international reputation
- Neutral Nationality registration prefix allocated by the ITU and notified to ICAO
- Secure mortgage register
- No insurance premium tax
- European time zone
- Professional infrastructure with experience in aviation finance
- Clear and simple taxation regime
- Stable legal and political environment
Following the launch of the Registry in 2007 it is now the 6th largest private/ corporate business aviation registry in the world after the USA, Brazil, Mexico, Canada and Germany.
During the 10 years since launch, over 900 aircraft have been registered with over 460 still active on the register and over 10,000 initial Flight Crew Licence validations have been issued.
The Isle of Man’s Director of Civil Aviation, Simon Williams commented:
‘I am delighted to accept this award from World Commerce Review. 2016 was another big year for the Isle of Man Aircraft Registry and it is excellent to see our hard work recognised internationally. In the last 12 months we have continued to focus on incremental improvements to our customer service offering”
“The fact that we are still registering aircraft at a healthy rate notwithstanding the tough international trading conditions is a strong endorsement of the Isle of Man business model”
“This is fantastic news for the Isle of Man Aircraft Registry.” said James Cunningham-Davis “The impressive milestones the Aircraft Registry has achieved in such a short period of time reflects the business friendly, proactive approach of the Registry and the Isle of Man Government. With an increasing number of offshore registries looking to replicate the Isle of Man’s success, this award is a clear indication of the Registry’s intention to continue to provide top quality customer focused services and remain the offshore registry of choice.”
Cavendish has the experience to assist clients through the Isle of Man aircraft registration process and expertise in the delivery of comprehensive, cost effective and high quality management of all types of international aircraft ownership and VAT importation structures.