TAG Aviation has been awarded an air operator certificate from the Civil Authority of the Cayman Islands, adding to its existing approvals from San Marino, Malta, and the UK. The operator has already registered its first managed aircraft on the registry—a Gulfstream G650.

According to Richard Smith, director general of Civil Aviation of the Cayman Islands (Booth T47), the registry has seen approximately 5 percent growth in private aircraft over the past two years. “That’s an indication to us that the business aviation industry is strong, unlike what has happened in airline world where aircraft found themselves on the ground for extended periods.”

Smith told AIN the registry’s typical customers are aircraft management providers such as TAG, with the majority of the 320 aircraft on its registry consisting of large-cabin jets all the way up to a privately-operated Boeing 777.