IoM Aircraft Register Doubles

by Jason Gorringe, Tax-News.com, London

05 May 2010

The Isle of Man Aircraft Registry celebrated its third anniversary on May 1 by announcing continuing and impressive quality growth in its fleet. This is expected to continue, with widespread registrations coming from the Middle East, Russia, the USA, and many other parts of the world.

Since the Registry was established, over 240 high quality private and corporate jets and twin turbine-engine helicopters have been registered. Despite the economic downturn in the rest of the world, the Registry continues its impressive growth; its third year of operation saw 119 further aircraft registered, making it the world’s fastest growing offshore corporate aircraft register.

According to the Registry, this success can be attributed to "the personal service, competitive charging structure, and the excellent regulatory standards" that it offers.

Director of Civil Aviation, Brian Johnson stated: “High regulatory standards, a personal service, and a competitive scheme of charges have ensured the success of the Isle of Man aircraft register, as the number of registrations now demonstrates. The Isle of Man Registry has pioneered a new model for aircraft registration, with less bureaucracy and a customer-focused service. We are confident that this success will continue for the foreseeable future.”

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