Alliance Aviation Group group CEO Brendan McQuaid said: “The timing is critical. If aircraft owners want to move within Europe, they cannot without an EASA register so we have seen this as an opportune time to capitalise on a changing economic and political situation in the region.”
Private aircraft owners are permitted to register their aircraft using an AOC operation and can pay 0% VAT while still operating in Europe.
“Malta’s corporate tax system allows for non-resident aircraft owners and brokers, so we see this not only as an opportunity for us, but for the industry, which needs as much support as possible in the wake of the pandemic,” added McQuaid.
“We have the expertise and finance and feel confident that we can support both the aircraft operators and jet charter brokers as we move beyond this period.”