Malta’s reputation for excellence in the aviation sector continues to grow as Malta today ranks first in Cape Town Compliance, said Minister for Transport, Infrastructure and Capital Projects Aaron Farrugia during the European Business Aviation Convention (EBACE) in Geneva, in which Transport Malta is a participant.
He said that this result was achieved as our country introduced a very strong legislative framework for the registration of aircraft under the Maltese flag.
The Cape Town Convention is an important legislative framework in this sector, providing protection for the interests of sellers, buyers and creditors through the creation of an international register for this sector.
“At present, our country has a score of 95 – which is considered very high in this industry.”
At EBACE, the minister met with various stakeholders as hundreds of exhibitors and business leaders, government officials, manufacturers, industry employees, rental companies and aviation partners, both from Europe as well as around the world, will be participating in EBACE. During the convention, business aviation leaders foster innovation and investment that are driving the industry forward, with advances in air mobility, sustainable flight and worker development.
Minister Farrugia said that the ministry together with the Directorate of Civil Aviation within Transport Malta will continue to strengthen the future prospects of aviation in Malta. “In fact, it was recently announced that the Maltese registry has registered almost 700 aircraft flying the 9H flag. A few days later it was also announced that after lengthy negotiations, WizzAir will be setting up a Malta-based airline. ” Minister Aaron Farrugia stated that this clearly shows how Malta is being the jurisdiction of choice for many operators working in the aviation sector.
“This growth will further strengthen our country’s economy and create new, better jobs.”