Off-shore aircraft registration survey 2012
Brian T Richards of Register An Aircraft.com looks at which off-shore aircraft registries were winners and losers in 2011.
Brian T Richards of RegisterAnAircraft.com looks at which off-shore aircraft registries were winners and losers in 2011.
Speculative analysis of figures can be an inexact science but 2011 has seen some interesting developments. Both Aruba and Bermuda have experienced minor dips in net corporate jet registrations while Cayman has seen a significant increase.
The Isle of Man has continued to demonstrate its powerful growth and current position as one of the world’s leading registries. A further breakdown of the Isle of Man’s latest figures provides some interesting insights.
On 5 March 2012, the Isle of Man had registered a total of 456 aircraft since it commenced operation on 1 May 2007. Of these, a total of 342 remain active, comprising 246 corporate jets, 47 turboprops, 21 helicopters, 15 dormant commercial airliners and 13 light twin or single engine aircraft registered to Manx residents. Among the 114 cancelled aircraft, no less than 35 are dormant airliners, showing the success that the registry has had in attracting this often short-term business.
Business jets by registry
Date | Isle of Man(M) | Aruba(P4) | Bermuda(VP/VQ-B) | Cayman(VP-C) |
Dec 2003 | 0 | 32 | 97 | 75 |
Dec 2007 | 20 | 53 | 149 | 115 |
Dec 2010 | 205 | 57 | 161 | 128 |
Dec 2011 | 246* | 55 | 153 | 144 |
*Isle of Man figure for March 2012 Source: Brian T Richards, Register An Aircraft.com |