On Friday 16th June 2016, the 6th Annual Mediterranean Business Aviation (‘MBA’) Conference will be held at The Palace Hotel in Sliema, Malta.
WDM International shall be sponsoring the event and Firm Partner, Dr. Jonathan De Giovanni, will be chairing the event. Dr. De Giovanni has delivered various seminars in the field, and also delivers lectures at the University of Malta, to law students, on the fiscal aspects of aircraft registration. His field of professional practice includes advising clients in relation to aircraft registration, and structures involving aircraft ownership, financing and leasing and tax.
Malta, already renowned as a global shipping centre with the largest ship registry in Europe and the sixth largest in the world, has been developing a highly-attractive jurisdiction for the business aviation industry – following the Aircraft Registration Act 2010 coming into force and amendments thereto becoming law in November 2016. The Act has allowed for the implementation of the Cape Town Convention and the Aircraft Protocol which, in addition to attracting asset-based finance, has ensured a flexibility in approach to such contemporary aircraft ownership trends for business and private jets, such as fractional ownership and ownership through trust structures. Moreover, the amendments intended to improve certain aspects of the Act, affect four categories, general amendments to the ARA, Insolvency issues, Enforcement issues; and Amendments to other laws.
For manufacturers, operators, and interested organisations, the summit will offer a unique opportunity to delve into the aspects affecting the future of the aviation industry. While promoting a debate on the future of business aviation, the summit will allow attendees to learn about achieving cost efficiency and profitability, financial interactions on European transactions, the role of the corporate service provider in aircraft transactions and next generation in-flight connectivity. Attendees will also be given the opportunity to discuss different business models and learn about regional infrastructure development.
Confirmed expert speakers include the President of the MBAA and partners, directors and managers of companies that are involved in the aviation industry – from law firms to aircraft management and inspection providers. This will provide a great opportunity to network with leading experts in the industry.
Please contact Dr. Jonathan De Giovanni today to see how we can assist you through utilising our expertise and experience in the business aviation industry.