Christopher Jones is a partner in Ogier's Guernsey banking
and finance team. He advises financial institutions,
investment funds and corporate clients on a broad range of
multi-jurisdictional transactions, and has particular expertise in
financing, structuring and registration of aircraft assets.
Has Guernsey's registry been as successful as thought
– and did the change in business model help?
The registry has been as successful as thought – but
possibly not in the ways that we expected. The take-up by the
business jet market, which up until now has largely used the Isle
of Man and Cayman registries, has not been as strong as
hoped. But at the same time, we have seen far more interest
in "off lease activity" which is where aircraft are
registered in Guernsey between leases to different commercial
carriers. The Registry is now also able to issue Air Operator
Certificates (AOC) so that fare paying passenger aircraft can now
be registered – one has already been
