Guernsey’s 2-Reg aircraft registry marked its 10th anniversary last month. The British Crown dependency in the Channel Islands launched the registry in December 2013 and largely acts as a conduit for leased aircraft moving between lessors and lessees or for aircraft needing a temporary home while they are sold.
The offshore registry is open to fixed-wing aircraft and helicopters operated either privately or under a commercial air operator certificate but it does not accept drones. Most aircraft are registered in Guernsey for relatively short periods and 972 aircraft have been on the registry since its inception.
Aircraft registered in Guernsey can get maintenance, overhauls, and modification projects completed before being transferred to a new owner or lessee. As of December 11, there were 248 aircraft on the registry.
2-Reg is run under a strategic partnership between Guernsey’s government and private company SGI Group. It aims to combine a cost-effective registration process with the tax efficiencies offered by the island’s fiscal jurisdiction.
“I am delighted to see the registry go from strength to strength and provide economic and social value to Guernsey,” commented the States of Guernsey’s director of operations Damon Hackley. “It has become a significant player in the aircraft registry arena, and I look forward to seeing it grow even further.”