M-REG
To return to the orignal subject of the M Reg, when I heard about the introduction of M Reg my imagination took off. One thought particularly took hold in my mind.
As we all know, if you want to put your aeroplane on the N Reg, you have to set up a trust under which the legal owner of the aircraft has to be a US citizen. This in all probability means someone you have never met and know nothing of who is even resident in the US.
Now bearing in mind that the residents of Alderney make extra pocket/pin money for themselves being directors of companies to enable those companies to base themselves in Alderney. The thought arises whether in time to come residents of I o M will be able to make pocket/pin money for themselves being the legal owners of aeroplanes based in the UK.
Just a thought.
Broomstick.