This adds yet another service to the menu of options which we can offer our global client base.
Miss Le Poidevin added: uernsey has many fiduciary services providers with high net worth clients who own aircraft and now they can take advantage of the modern legislation offered by our aircraft registry. Indeed, it is expected to be particularly attractive to clients from emerging markets such as the Middle East, Russia and Asia where personal luxury aircraft ownership is very popular and it may encourage them to consider using Guernsey for their wider wealth management needs.
"In addition, Guernsey broad-based finance industry means that we can also service many other aspects related to aircraft ownership, such as alternative financing arrangements and specialist aircraft insurance. This means that clients can come to Guernsey knowing that they have a jurisdiction which offers a ne-stop shop to meet their aircraft needs.