Why Charter a Business Jet?

Research conducted by the London Business School shows that companies with business aircraft performed 11.3% better than the industry average. Another performance study undertaken in America by Arthur Andersen, came to the same conclusion: "On average, among the 766 companies studied each year, those that acquired business aircraft experienced greater sales growth in the years following the purchase than those that did not."Three years after purchase, aircraft buyers achieved an average sales increase of 8.5 percent. Business aircraft not only bring financial success to their operating companies, but also contribute to national and regional economies." In a fast moving world, in this era of globalisation, large airports have become congested, scheduled airlines run on anything but a schedule, and road traffic to from these airports has become a nightmare, this not to mention the security aspect, where it is a known fact that all major European airports are feared to have become threatened by terrorisim, inflicting rigorous security checks which inevitably lenghten the check-in process as well as restrict the average passenger when it comes to what items one can take onboard. Chartering a business jet not only saves one time and increases productivity, give back a huge amount of control on an individual’s/organisation schedule, but it gives back peace of mind, unparalled levels of comfort and flexibility. When one charters an aircraft, one has total control from the most important things, such as which aircraft to fly in, which airport to fly to or from but also the trivial yet important aspects of one’s journey such as confidentiality, exclusivity, catering, inflight entertainment, all of which exceed even the best first class on the most reputable of airlines.

Managing and Operating a Business Jet on the Maltese Register - Part 2

Air Operating Certificate.

Yesterday we sarted this series of articles investigating the Maltese legislation relative to operating a business jet using the Maltese infrastructure. in this post, Part 2 of this series, we will talk about the requisites to obtain an AOC.

Strictly speaking an owner who is operating his aircraft for his own use, will not require an AOC, as the aircraft will be operated in the private category, however this scenario can be very restrictive, as it is at best unclear whether employees of the owner and sub-contractors can legally use the aircraft, as it can be argued that the aircraft will be operated for gain, and hence an AOC will be required. Further more if the aircraft is given under management to a third party company, even if the aircraft is not available for third party charter, the third party company managing the aircraft must obtain an AOC. Simply put, an aircraft can be operated in the private category without an AOC, however to obtain an AOC, the company must also have an ASL. The applications for the AOC and ASL, should be submitted together to the Director of Maltese Civil Aviation. In order to apply for an AOC, a company must demonstrate ownership of an aircraft, or a lease agreement for an aircraft. An aircraft need not be registered to be operated by a Maltese AOC, however the registered aircraft must have a European Union and JAA country registration. The reverse is also true, ie a Maltese registered aircraft can be operated on a European Union and JAA AOC, however both of these scenarios are not preferred by the Maltese Department of Civil Aviation. Similar procedures are required by the company applying for an AOC as for company applying for an ASL. The process for obtaining an AOC, ASL and registration of aircraft should take from three to six months, subject to demonstrating to the Maltese Department of Civil Aviation full compliance to JAR OPS 1.

Managing and Operating a Business Jet on the Maltese Register - Part 1

In a number of articles we will try to identify why Malta can be an interesting avenue where one could register a business jet. The first part of these series of articles deals with a brief introduction about aviation in Malta and a brief outlook of the Maltese Fiscal system.

Having been a colony of Great Britain for 164 years (1800-1964), and then continued to serve as a base for Britain's Armed Forces for a further 15 years, Malta was introduced to the world of aviation from a very early start. From the construction of the first airfield to the ravages of World War Two, the build up for the Suez canal, through four hi-jacks, and on to today's Malta International Air show, Malta has seen almost all the uses an aircraft can be put to. The Malta Department of Civil Aviation records show that when the Maltese aircraft register was opened in 1969 introducing the Maltese register prefix 9H, the first aeroplane to be registered, 9H-AAA was in fact a Cessna 172. The next two aircraft on the register were also general aviation aircraft, as were many others that followed. The aircraft were largely owned and operated by Maltese general aviation pilots. Today, the local general aviation fleet includes a wider variety of aircraft types and categories ranging from microlights to single engine private planes and public category aircraft available for rental. A small fleet of training aircraft is operated by two flying schools.

Malta has an excellent climate, is strategically located at the centre of the Mediterranean and has one of the last 24 hour airports in the European Union. It has one of the longest runways in Europe with practically no slots issues. Local business and the Maltese government are only now starting to fathom that there could be a great potential for managing and operating business aviation aircraft from Malta, offering very competitive licencing fees, in an English speaking country in an EASA/JAA environment. This combined with excellent tax structures for foreign investors, whereby, although corporate tax is fixed at 35%, foreign shareholders are refunded 30% within 14 days.