A REPORT issued in April showed the Isle of Man's Aircraft Registry had grown by 50 per cent in a year.
Since May 2010 the number of aircraft joining the registry rose to stand at more than 350 aircraft.
A statement issued today by the Department of Economic Development said the success of the registry was attributable to high regulatory standards, the personal service offered and its competitive scheme of charges.
It said: "All of these play a part in the ability to continue to attract an increasing number of quality private and corporate jets from across the globe.
"Aircraft registered in the last 12 months include the first Embraer Lineage 1000 in Europe and another eight Global Express Aircraft bringing the total of Bombardier aircraft registered to over 70."
The registry also continued to actively raise its profile and attended Europe's largest business jet conference, EBACE, in Geneva between May 17 and May 19.
The conference brings together all sectors of the business aviation world and is a platform from which the Island can communicate the registry's benefits to both prospective and existing clients.
Five companies, supported by the Isle of Man Aircraft Registry, attended the conference including – Appleby, Cavendish Aviation, Equiom Trust Company Limited, Martyn Fiddler Associates Limited and OCRA Aerospace (Isle of Man) Limited.
Brian Johnson, the director of civil aviation, said: "The global downturn has brought uncertainty and new challenges to the corporate aircraft industry. However through the high-quality services offered and our competitive charges we have continued to grow and engage with an increasing number of global corporations.
"EBACE offers us a further opportunity to interact with key individuals and businesses showcasing the benefits of the Isle of Man Aircraft Registry and supporting services. We are confident that 2011 will be another successful year with more than 30 private and corporate jets already currently being processed for registration."
The then Minister for Economic Development, Allan Bell MHK, added: "The continuing success of the registry demonstrates the hard work and commitment of the team since its establishment in May 2007.
"The dynamic and business-friendly approach within the sector also typifies the broader advantages of the Isle of Man as an international centre for business."
Update: Hartley Elder replaced Brian Johnson as director of civil aviation in September. For more on this click here.
This story is part of isleofman.com's Review of the Year 2011.
