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ARTICLE · 02 FEBRUARY 2016

The Aircraft Registration Act, 2010: A Success Story?

The Aircraft Registration Act (the "ARA") was enacted in 2010 with a vision to emulate the success story Malta achieved in the maritime sector.

MaltaWealth Management

This article was first published in Id-Dritt (Commemorative Edition) 2015.The article has been updated with data as on January 2016.

The Aircraft Registration Act1 (the "ARA") was enacted in 2010 with a vision to emulate the success story Malta achieved in the maritime sector2. Having said that it is important to keep in mind that each sector has its own intrinsic potential and growth factors.

In the process of enacting the ARA, the legislator realised that the main players to attract in order to promote the aviation industry in Malta were first and foremost the financiers and the lessors. This meant that Malta had no choice but to implement the Cape Town Convention3 and the Aircraft Protocol4 (together the "CTC"). This was done by legislating on both national and Cape Town Convention systems and thus allowing for simultaneous application but introducing prevalence rules.

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