Source: Date: Updated: |
TheBahamasInvestor.com
Thursday, May 16, 2013 Thursday, May 16, 2013 |
Senior aviation attorney Llewellyn Boyer-Cartwright has been invited by the Aircraft Registry of Aruba to speak at the 2013 Aeropodium offshore aircraft conference scheduled for later this year. The conference is expected to attract top experts in private and corporate jet aircraft-related arenas.
“It is a great honour for The Bahamas to address a prestigious conference in the private and corporate jet arena,” said Boyer-Cartwright, a partner at Callenders law firm and the leading proponent of an international aircraft registry for The Bahamas.
Boyer-Cartwright who believes the registry will fuel new businesses, boost employment, bolster financial services and attract additional foreign direct investment. Eventually, he believes, it could position the country as a regional aviation hub. The call for an international registry was first made in 1999 by the Bahamas Financial Services Board (BFSB), which commissioned a comprehensive study that demonstrated potential benefits.
“Along with the honour of the invitation, it is an opportunity to further the relationships we are building with key players who may be able to drive business to local banks, insurance companies, airport facilities and more when we do have a registry that is suitable for corporate and private aircraft.”
Boyer-Cartwright has urged government to move “quickly, but judiciously,” to create the regulatory framework necessary for the establishment and maintenance of a registry, noting that other jurisdictions are opening registries faster than ever before. The Republic of San Marino, he said, launched its aircraft registry in late 2012 and reportedly Guernsey anticipates registering its first aircraft in September.