ABACE Convention News

Cayman Islands Court Chinese Jet Owners

 - April 8, 2016, 1:00 AM

The Civil Aviation Authority of the Cayman Islands (CAACI) is here in Shanghai to attract business jets to the country’s aircraft registry. The CAACI delegation at ABACE is led by director-general Richard Smith as well as senior personnel who specialize in airworthiness and flight operations.

CAACI is responsible for safety oversight and economic regulation of the aviation industry throughout the Cayman Islands. Regulatory functions include certification of airports, heliports and air traffic services as well as registration of aircraft and issuing, renewing, cancelling, revoking and supplying variations of certifications of the aircraft’s airworthiness.

Since the Cayman Islands are known as an offshore jurisdiction, those who register their airplanes there can benefit from the region’s tax-neutral environment. While working with local legal and financial partner firms, aircraft owners can receive various tax breaks such as tax-free fuel.

This will be the third time for CAACI at ABACE. At the CAACI exhibit (Booth H517), visitors can find information and can reserve meeting times with CAACI representatives to learn more about the aircraft registration process in the Cayman Islands.