A hub for international commerce and travel throughout history and arguably the most important strategic aviation base in WWII, Malta is no stranger to the world of flight. Surrounded by the Mediterranean Sea, Malta relies on the aviation industry for its important and lucrative tourism industry, as well as for importing and exporting and the daily transport of passengers, whether for personal or business activities.
Changes in the legislative frameworks and entry to the European Union has changed the Maltese position in the Aviation sector with new customs and competition rules seeing the introduction of an increasing number of service providers using Malta as a reputable and cost-effective destination.
The Maltese Aviation Industry
Recently revamped rules and regulations have breathed new life in Malta’s aviation industry. Malta’s first aircraft register was established in the 1960s but it was only lately that the island decided to capitalize further on its aviation past. The country has embarked on a new, ambitious project to establish one of the largest aircraft registers globally. With the introduction of the new Aircraft Registration Act of 2010, by mid-January 2012, 104 aircraft were listed on Malta's register, a notable increase of 18 aircraft over the previous year.
Our Malta Aviation Team
Our specialized aviation industry team consists of a multi-disciplinary team of legal advisors, accountants and tax specialists drawn from our transport, corporate and tax practices who have an unparalleled span and depth of knowledge in the transportation industries. Our consultants do not just focus on the legal and regulatory aspects of this industry but provide results-driven practical counsel to our aviation clients on some of their most elaborate and unique transactions and to help them address some of their most challenging business issues.
Our Aviation Team assists our aviation client portfolio in setting up, obtaining the relevant licenses and operating under a Malta regulated regime. We work hand in hand with the promoters, in-house legal and financial consultants, executives and other officers to ensure an optimum solution to the client. Our Tax Team also assists in devising the most apposite and tax-friendly structure for each specific case.
Chetcuti Cauchi’s expertise and familiarity with the peculiarities of the aviation industry amalgamated with our comprehensive understanding of local regulatory processes has placed us as the firm of choice for judicious clients seeking a consolidated solution provider in Malta.
Our team enjoys a wealth of experience in the enticing and burgeoning field of aviation law by providing services including:
- the registration of commercial aircrafts and private aircrafts in Malta
- insurance solutions and procurement
- aircraft chartering and leasing advisory services
- negotiating and drafting of aviation-related service agreements, maintenance and repair agreements
- legal advice on Bilateral Air services Agreements and conditions of Carriage and Regulations of airlines
All this, coupled to the work provided by other practice groups within the firm, has ensured that clients in the tourism sector, transport maintenance and logistics, and aviation service providers can make efficient and effective use of our range of services in this sector.