Ireland has launched an aircraft register aimed at business jets. The new six-letter markings consist of the “EJ” prefix, followed by four letters, offering a wider choice of personalised registrations than the traditional combinations of three letters that accompany a two-letter prefix. The register is administered by the Irish Aviation Authority, with Shannon-based International Aviation Services Centre as the preferred marketing and support partner.
“Ireland already has a worldwide reputation as a leading air finance jurisdiction, and the Irish Aviation Authority is a world-leading regulator,” said Patrick Edmond, managing director of IASC. “The EJ register combines these strengths for the corporate aviation space and delivers an onshore EASA register which is guaranteed fully compliant with Part NCC.”
The register is available to public transport and NCC (non-commercial complex) aircraft with a maximum takeoff weight of greater than 5,700 kg (12,566 pounds). Among the benefits of the register are the maximizing of residual value and lower insurance premiums due to the high quality of regulatory oversight provided by the IAA, a wide base of aviation law, finance and taxation expertise, and compliance with the Cape Town agreement that provides asset security for financiers.
Part of the Shannon Group, IASC is tasked with growing the aerospace cluster at Shannon, which currently numbers more than 40 companies. Shannon has been designated as Ireland’s center of excellence for business aviation, and has in place a number of initiatives, such as a tax-efficient Free Zone, extensive transit facilities, and U.S. CBP pre-clearance for trans-Atlantic business passengers. In promoting the new register, IASC is working with taxation and legal experts to offer a one-stop shop for owners, operators and financiers looking to exploit its benefits.
