Just prior to EBACE, Hangar8 received the documents that secured a landmark dispensation from the Cayman Islands aircraft registry, allowing Hangar8 to operate Cayman-registered aircraft under its UK AOC, as long as the aircraft type itself is already covered by the AOC. This allows Caymans aircraft to be chartered out, and also to be operated under public transport regulations, which are exempt from VAT and minerals tax.
Shanghai Hawker Pacific Business Aviation Service Centre (SHPBASC) has been certified by the Civil Aviation Authority of the Cayman Islands to perform maintenance repair work on aircraft registered in that nation. The certification marks the first time a maintenance facility has been granted Cayman Islands’ approval in mainland China. “We have seen strong international traffic with the registration since we started business and are delighted to be able to add this capability for the business aviation community,” said Carey Matthews, general manager of SHPBASC.
The word “offshore” can conjure images of money laundering, tax dodgers and oil spills, but in today’s business aviation world, as privacy and security become ever more precious commodities, offshore registry is becoming an acceptable alternative.
The General Dynamics Aviation Services facility at Palm Beach International Airport in West Palm Beach, Fla., has been approved to perform maintenance on business jets registered in Argentina and the Cayman Islands. The approvals came from the Dirección Nacional de Aeronavegabilidad in Argentina and the Civil Aviation Authority of the Cayman Islands.
The only Cayman Islands-certified Aviation Maintenance Organization (AMO) approval in the U.S. has been granted to Midcoast Aviation’s Teterboro facility.
“Obtaining the approval allows us to serve our existing Cayman Islands operators more efficiently, and we hope additional operators will now choose us as well,” said David Smith, vice president of MRO satellite operations for the Cahokia, Ill.-based operation.
The UK's Department of Transport (DOT) last week issued its official proposal to prevent foreign-registered aircraft from being based in the UK “by limiting the time (e.g.
Business aircraft operators concerned about exposure to security or political risk associated with their country of registration my be encouraged by the Civil Aviation Authority of the Cayman Islands, which is here at EBACE 2006 promoting its aircraft registry (Booth 1273). The registry already includes about 110 private aircraft.
The Cayman Islands have launched a publicity campaign to get business jet owners to register aircraft there, citing the ease of the process. The islands’ Civil Aviation Authority, which plans to exhibit for the second time at the NBAA Convention in November, currently has about 100 airplanes on its registry.