EBACE Convention News

Cayman Island Authority Provides Expert Advice

 - May 21, 2019, 2:12 AM

The Civil Aviation Authority of the Cayman Islands (CAACI), has brought a full contingent of technical experts to EBACE this week to discuss the benefits of the registry. CAACI is responsible for the financial and economic regulation of the Cayman aviation industry.

Led by director-general Richard Smith, staff at the booth (C27) will discuss the registration process for the VP-C registry, which offers a customized service in the private/corporate aviation industry, and has recently developed specialized offerings to the aircraft leasing arena, and for offshore air operator certificates (AOCs). To help manage those processes, the registry developed a dedicated electronic data management portal called VP-C Online.

The Cayman Islands has international recognition under the Cape Town Convention, providing a level of comfort for financial institutions that participate in aviation finance transactions. Also in attendance at its booth will be Dale Crowley, the managing partner of Cayman-based law firm Bodden and Bodden who has significant experience in finance, registration, and other aviation legal matters. For those with interest in AOCs, Charles Kirkconnell—CEO of Cayman Enterprise City, the special economic zone that encompasses the Aviation City—will also be present.