What is triggering this move? EU Membership? A safe and
sunny island?
The aviation sector in Malta has recently experienced
significant growth, with the Maltese aircraft register listing over
500 aircrafts and the number of Air Operator Certificate (AOC)
holders approaching 40. Here are seven reasons pushing this
growth.
1. Ratification of the Cape Town Convention
The Cape Town Convention (CTC) is an international agreement
which provides legal certainty to owners, aircraft operators and
parties in transactions such as leasing. Not all countries ratified
this convention but Malta did. The CTC established a centralised
system for the registration of aircraft ownership, liens, leases
and contracts, thus permitting financiers of Malta-registered
aircraft ease of enforcement of their registered security rights in
each jurisdiction signatory to the Convention. The CTC also
establishes the right of owners of aircraft to grant an Irrevocable
De-Registration and
