ARTICLE
9 February 2023

665 Aircraft Registered In Malta

FF
Fenech Farrugia Fiott Legal

Contributor

Fenech Farrugia Fiott Legal logo
Fenech Farrugia Fiott Legal is a Malta-based law firm which provides a comprehensive range of services to the highest calibre of individuals and businesses. Its clients are sophisticated and dynamic and this is reflected in the way that the team challenges the conventional, and strives for excellence at every opportunity. The firm has a wealth of experience representing clients in a broad spectrum of specializations. Its partners, associates and consultants are all practising lawyers who work within the different practice areas.
From the latest statistics, 665 aircrafts are currently registered in Malta's Aviation Register. This reflects a 500% growth in a period of ten years.
Malta Transport

From the latest statistics, 665 aircrafts are currently registered in Malta's Aviation Register. This reflects a 500% growth in a period of ten years.

Malta enacted the Aircraft Registration Act in 2010, which joins other legislative packages in ensuring that Malta continues developing as a premier jurisdiction for international commercial, estate planning and financial activity. Malta's established reputation as a solid jurisdiction for ship finance, can now be extended also to asset finance in general, as well as aircraft finance in particular. Being a modern and sophisticated law which besides regulating aspects of aircraft registration, ownership, nationality, aircraft mortgages, special privileges and related matters, it introduces innovative concepts with the sole purpose of establishing a more competitive aircraft register.

1279728a.jpg

Malta and was also one of the first EU countries to ratify the Cape Town Convention which allows for the registration of assets on the international register.

This combined with Malta's flexible taxation framework and corporate legal systems mean that increasing numbers of air transport operations have chosen to base themselves here.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More