Aircraft Registry in the Cayman Islands

The Cayman Islands Aircraft Registry is well known for
maintaining a high reputation for providing a safe, stable and credible flag
for registration of aircraft which makes it the registry of choice for many
owners, operators and financiers for personal and corporate aircraft. Even
though the standards to register an aircraft are rigid and specifications must
be exact in order to qualify, this has led the Cayman Islands registry to be
highly recognised and respected throughout the aviation industry internationally. 

The Civil Aviation Authority of the Cayman
Islands works in close partnership with a specialised group of legal and
financial firms as well as Cayman Islands government authorities to ensure that
our clients and future clients have the most comprehensive counsel on every
avenue of law, custom law, tax and insurance. Once an aircraft is accepted onto
the registry, a registration mark prefixed with VP-C plus two additional
letters will be assigned (specific registration marks can be requested and if
available can be reserved).

CAACI dispatches highly qualified surveyors and
inspectors to conduct thorough inspections of the aircraft at the home base or
the designated maintenance facility for ease and convenience of clients. The
overall registration process takes about six weeks to complete followed by
annual aircraft inspections to ensure compliance with safety standards. 

Many Cayman Islands-registered aircraft are
currently based and operated throughout Europe, Singapore, Hong Kong,
Indonesia, Australia and Saudi Arabia with the majority being based in the
Middle East. 

Leading the way with international
regulatory compliance

As a UK Overseas Territories the Cayman
Islands has a specific aviation regulatory code – Air Navigation (Overseas
Territories) Order and applicable means of compliance – The Overseas
Territories Aviation Requirements. The CAACI is leading the way with ICAO
regulatory compliance for Annex 6 Part II with specialist auditors and
inspectors that will guide our clients as they seek to comply. 

On 18 November 2010, new ICAO Standards
came into effect for international general aviation operations for aeroplanes
with a certificated takeoff mass exceeding 5,700 kg or for aeroplanes equipped
with one or more turbojet engines. The new Standards are designed to enhance
the safety of GA operations by bringing them more in line with safety
requirements enforced on commercial airlines. As such, GA operators are
required to establish a safety management system appropriate to the size and
complexity of their operation, and to provide an operations manual containing
all the instructions and information necessary for operations personnel to
safely perform their duties.

All signatories to the ICAO Convention are
required to implement these new ICAO Standards. However, the Civil Aviation
Authority of the Cayman Islands is a pioneer amongst jurisdictions with
aircraft registries in requiring operators to implement this requirement for
aircraft on their registry. It is in an operator’s best interest to comply with
these requirements since they enhance safety and assure that access will not be
denied to other countries for non-compliance with the Standards. Aircraft
insurers will also give favourable premium consideration to GA operators that
are in compliance. 

By taking this leadership role the Cayman
Islands have once again demonstrated that they are indeed a “registry of
choice” for operators that have regard for the highest safety standards and
demand the best in all aspects of their operation.