Corporate jet registrations are set to fall over the next year due to the impact of sanctions against Russian-owned aircraft, according to RegisterAnAircraft.
Its annual review of aircraft registrations, conducted by the corporate aviation service provider for the year ending February 2022, tracked registrations for both smaller private jets and corporate airliners. The research revealed a fall in registrations for some registries, such as the Isle of Man, but growth for others, such as The San Marino Aircraft Registry.
“When you come to look at the numbers next year, I think the number of registered aircraft will be down across the board,” Brian Richards, director, Register An Aircraft told Corporate Jet Investor.
Richards acknowledged that the next 12 months will be difficult to predict as aircraft registries worldwide are de-registering Russian-owned aircraft in response to international sanctions. “This will cause the number of registrations to fall,” said Richards
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