Bermuda, which has the world’s largest offshore aircraft registry with more than 850 aircraft on its books, has cut its Certificate of Airworthiness fees for corporate and general aviation by up to 40%.
The registry, managed by the Bermuda Civil Aviation Authority (BCAA), has revised fees to $100 per 500 kg (1,100 lb.) from $190, compared with $170 per 500 kg at most other registries, it notes. In addition, there will be no fees for operational and CAMO approvals for private aircraft.
Director General Thomas Dunstan notes the reduction is not a direct result of COVID-19, but is designed to help clients during the crisis.
“Our long-established storage/transition registry is also an option we are making readily available for anyone who is looking to have their asset(s) protected while they are grounded,” he adds.
The registry also has introduced measures in response to COVID-19 including new signature formats for digitally signed documents and temporary exemptions and deviations for certain processes. See www.bcaa.bm/news
