Mhodgson From United Kingdom, joined Dec 2002, 5047 posts, RR: 24
Reply 1, posted (7 years 12 months 1 day 22 hours ago) and read 4643 times:
I believe one of the big leasing companies (GECAS IIRC) is based there, and due to a certain law regarding finances in Italy, it is better to keep the aircraft on the Irish register. Alitalia have done it with their EMB170's as well.
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MD11Engineer From Germany, joined Oct 2003, 14441 posts, RR: 62
Reply 3, posted (7 years 12 months 1 day 16 hours ago) and read 4565 times:
Ireland has about the lowest corporate taxes in Europe. Due this reason there is a disproportionally high number of aircraft leasing companies active in this country, which means that the planes they own are on the Irish register.
BTW, the Russian Aeroflot keeps all their Western aircraft on the VP register ( I think it was either Bermudas or Virgin Islands), also due to tax reasons. Apparently there is a law in Russia, which puts a punitive tax on foreign manufactured aircraft registered in Russia.
VV701 From United Kingdom, joined Aug 2005, 8028 posts, RR: 24
Reply 4, posted (7 years 12 months 1 day 15 hours ago) and read 4554 times:
Aircraft operated by airlines with one nationality but on the register of another nationality (excluding those on lease from other operators) seem to be registered in the Republic of Ireland, Bermuda or France. All the examples of French registered aircraft - like all of ME's and some of RJ's Airbus fleets - are on the Overseas section of the French register (with a registration in the format F-Oxxx) and appear to all be Airbus aircraft (even though many (all?) are not owned by Airbus Industrie).
However there is no very obvious reason to me why most of AP's fleet of 733s and 734s are registered in Ireland either instead of Italy or, alternatively, any other country. I find it a little difficult to believe that this is solely because of the domicile of the leasing company. This is because AP operate aircraft registered in Ireland but leased from many different companies:
and other airlines operate aircraft leased from these companies but registered in the home country of the operator.
I understand that Aeroflot and other Russian Federation airlines register western built aircraft in Bermuda (with a VP-Bxx registration) to avoid import duty that would be payable if the aircraft were placed on the Russian register. Is there a similar advantage in AP avoiding putting most of its current fleet on the Italian register? Why is it Ireland as oposed to any other country that they (and others) select?
LTU932 From Germany, joined Jan 2006, 13954 posts, RR: 49
Reply 5, posted (7 years 12 months 1 day 15 hours ago) and read 4551 times:
Quoting MD11Engineer (Reply 3): Aeroflot keeps all their Western aircraft on the VP register ( I think it was either Bermudas or Virgin Islands), also due to tax reasons.
Pretty much all Russian airlines register their aircraft in foreign countries, mostly in Bermuda (VP-B**), like SU does. SU even had their A310s in the French register (with F-O*** registrations). One major exception is Vim Airlines, which keeps all their 757s in the Russian register. There is another airline with Western aircraft in the Russian register, but I don't remember which one it was.