700th Aircraft Added To Isle Of Man Registry
by Jason Gorringe, Lowtax.net, London
08 July, 2014
The Isle of Man Aircraft Registry has registered its 700th aircraft since it was established in May 2007.
The aviation sector is one of the focus areas of the island's Vision2020 program for economy diversification. The island's involvement in a number of niche offerings played a key part in the resilience the island displayed during the financial crisis.
Brian Johnson, the director of Civil Aviation, said: "The Isle of Man Aircraft Registry continues to be the best in the world for quality of service and speed of registration and its phenomenal growth rate continues."
"Two new aircraft per week are being added on average, although in the first 15 days of May this year the registry team received 15 new aircraft applications for registration. Compared with our initial first year target of 12 aircraft registrations in 2007/08, we continue to exceed our expectations."
Laurence Skelly, the island's newly appointed Minister for Economic Development, said: "This is another significant milestone for the Isle of Man Aircraft Registry, which continues to be held in high esteem around the world for its high regulatory standards coupled with a customer-friendly approach."
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