IoM Aircraft Registry Marks 500th Jet Milestone
Tuesday, July 3, 2012
The Isle of Man Aircraft Registry has announced the achievement of a significant
milestone with the registration of its 500th aircraft since the Registry's inception
on May 1, 2007.
The 500th aircraft registered was a Bombardier Global 5000, registration M-SEAS,
which was delivered new from the factory in Montreal, Canada.
Minister for Economic Development, John Shimmin MHK, commented:
"I would like to congratulate Hartley Elder and all the team at the Registry
on this achievement. The tremendous success of the register is testament to
their hard work, high levels of customer service and to the strong relationships
they have built with the aviation services industry in the Isle of Man, who
in turn have performed a magnificent job in developing this sector."
"The business-friendly approach offered by the Registry and industry typifies
the advantages of the Isle of Man as an International Business Centre and has
helped establish the island as a one stop shop for aviation services."
The Isle of Man's Aircraft Registry specializes exclusively in the registration
of private- and corporate-owned business jets and high quality twin turbine-engine
helicopters. Isle of Man-registered aircraft cannot be used for commercial air
As the only dedicated corporate aircraft register in Europe, the Manx
Registry offers high international standards and a competitive scheme of charges,
among other benefits including: high regulatory standards, combined with the registry's quality international
reputation; professional infrastructure with experience in aviation finance; a neutral nationality registration prefix; a secure mortgage register; a benign, politically-stable tax regime, featuring no insurance premium
tax (6% in the United Kingdom); and, operation under a European time zone.
Welcoming the rapid growth of the registry, the island's Political Member with
responsibility for the Aircraft Registry, Alex Downie observed: "I never thought the Aircraft Registry would develop as fast as it has
so I would like to pass on my warmest congratulations to all the Aircraft Registry
staff on reaching this magnificent milestone. Here’s to the next 500!”