The addition of the 2-REG could see Guernsey become the
jurisdiction of choice for corporate aircraft ownership, according
to Marianne Domaille, Director of Albecq Trust Company
Limited.
The first use of aircraft registrations came about in the early
1900's and tail numbers were based on the radio call sign which
was allocated to a particular nationality. Aircraft registration
has advanced dramatically since then. More recently, a number of
aircraft registries have been established in offshore jurisdictions
and are viewed by many as a complementary facility to the offshore
financial services industry. In addition to offering private
aircraft, mortgage and engine registers, most offshore aircraft
registries will also provide ancillary services such as
airworthiness certifications, radio and pilot licensing.