Aviation industry reaching soaring heights

SafiAviationParkAs of 5 February 2016, 214 aircraft have been registered in Transport Malta’s Aviation Registry with a record of 61 aircraft registered in 2015, 6 new operators and an upsurge in the number of pilot and engineer licenses issued by the Authority for Transport in Malta.

Many of the registered aircrafts are in fact commercial and business jets, with the registration of the Sukhoi Superjet 100 being the first model of its kind to be registered in the European Union.

Aircraft registration in Malta is regulated by the Aircraft Registration Act.  The Act is a comprehensive legal framework which regulates the registration of aircraft, aircraft mortgages, leasing and the operation of aircraft.  Furthermore it has transposed the Cape Town Convention and the Aircraft Protocol. Regulation of the industry falls within the realms of the Authority for Transport in Malta which seeks to promote civil aviation facilities in Malta, register aircraft under the Maltese flag and the general development of the industry in Malta. The fiscal regime which is currently in force in Malta has had a great impact on the success of the industry, however the efforts made by the Authority in recent years to increase accessibility, expertise, resources and flexibility have left a significant positive effect on the reputation of Malta as jurisdiction for the registration of aircraft.