.
c
O
M
A
O
T
O
li
sharply_done – F
©
digit registration call-sign. For example the following time difference makes it very difficult to communicate
have already been registered: M-AGIC, M-YSKY and successfully, thus holding up the speed at which one
M-onTY. Unlike other registries, owners of Manx can progress. The Manx register will provide much
registered aircraft will be able to transfer their personal more support for operators and owners as they are
registration to another plane if the original aircraft is only a phone call away and are very willing to meet in
sold. person.”
By being focused and targeted, the register will
be able to provide owners with a fast and efficient So what of the future?
24-hour registration service. Like the fee structures
Both the superyacht and business aircraft industries
for superyachts the fees for aircraft registration have
are growing at a tremendous rate. They have become
been designed to be competitive, easy to interpret and
“must-have” assets for High net Worth Individuals, for
implement.
pleasure and convenience.
Two owners of a Manx-registered aircraft have
In 1998 there were 81 superyachts in build; today
been enthusiastic about the new service. Long-
there are 435 in build. In 1998 there were 852 private
time resident on the Island, and owner of the first
jets delivered, this year the figure will have risen
jet aircraft to be registered (M-ELon), Jim Mellon
to 1,631, and despite the possible global economic
commented: “The Manx register offers substantial
slowdown the demand for these expensive assets
competitive advantages in terms of flexibility, security
shows no sign of abating.
and costs. The Island is good at providing business
So next time you are strolling along a
innovations, and the success of the shipping and super-
Mediterranean shore or looking up to the sky, just
yacht registers augurs well for the aircraft register
count the number of red flags with the three legs
development.”
emblazoned and the number of “M” prefixes on aircraft
Eddie Davies, owner of Bolton Wanderers Football
tailplanes. n
Club, has also registered his plane on the Island;
M-BWFC. Commenting on his decision to stop using
equiom Trust company limited is a Trust corporation,
the Bermuda register in favour of the Isle of Man, Mr
licensed by the isle of Man Financial Supervision as a
Davies said: “With other registers outside of Britain the corporate and Trust Service Provider.
DeCeMbeR 2008 YACHTWORLD.COM 21
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100