Background
In the last decade, aviation has become an even more relevant
sector to Malta, not only due to the fact that it is the primary
way that the island connects with other countries.
The jurisdiction is well known for aircraft registration with
almost 500 aircraft registered in Malta. Similarly, the number of
Air Operator Certificate Holders has increased to 40. It is no
surprise that Malta has become the fastest growing Registry in
Europe.
This growth has been spearheaded by the introduction of various
incentives and changes in legislation during recent years.
Aircraft Leasing
One of the niche sectors which Malta is keen to expand is the
aircraft leasing sector. Charles Pace, head of Transport
Malta's Civil Aviation Directorate, stated that the tendency
nowadays is for airlines to lease aircraft rather than buy.