Guernsey Aircraft Registry ("2-REG") Guide To Transitional Registrations

Guernsey's Aircraft Registry (the "Registry" or "2-REG") fulfils a key role in the global aviation sector by providing an interim register for commercial aircraft transitioning between leases. This guide features input from Sidhant Sharma, Deputy Director of the Registry, and from Walkers' Group Partner Kim Paiva, who leads the firm's Guernsey Asset Finance team advising on aviation generally as well as transitional registrations.

In the Q&As set out below, Sidhant and Kim combine key insights on the use and processes of the Registry from both the legal side and the administrative side, including the benefits offered by 2-REG and the necessary legal and procedural steps in respect of registrations.