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LOOP News 10 MAY 07: M-REG FOR ISLE OF MANTHE Isle of Man now has its own aircraft registry and the first aircraft to be registered is M-ELON! Users of the new M-reg will be able to benefit from the Isle of Man’s favourable tax regime – a zero rate of corporation tax. Corporate jets are the Island’s primary focus but the register is open to all non-commercial planes. Long-time resident on the Island, Jim Mellon, who registered M-ELON said, “The Manx register offers substantial competitive advantages in terms of flexibility, security and costs.” Unlike the UK register, M-reg names will be transferable to any new aircraft you buy in the future. Application forms for M-reg will be available online soon. W: www.gov.im/dti/Aircraft/ |                      | ||||||
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GA businesses given 30 days to move outSOUTH coast airfield Lee-on-Solent is facing closure to General Aviation. All aviat ... more AIRFIELD licensing costs will rise 65-88% next year under the latest scheme of charges proposed by the CAA.The steep hike is ... more
Maiden flight for new Italian light twin powered by RotaxA BRAND new light twin aircraft being developed by Italian manufa ... more | ||||
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