Re: INFO: ITALYNEWS

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The EI-register is widely acceptable.

The Irish Government and the Irish Aviation Authority (IAA) welcome the use
of Ireland for 'respectable' aircraft leasing and have made it attractive to
put aircraft on the EI- register.

The attractions include:

The IAA is fully compliant with JAA.  It is reasonably flexible and does not
impose unusual requirements of its own on aircraft which are certificated
elsewhere (e.g. US, Canada).  It works well and flexibly with the
airworthiness  authorities of the States where the aircraft are operated,
subject to standards being maintained.

The major maintenance facilities in Ireland are both JAA and FAA approved.

There are no Irish withholding taxes on leases such as apply in some other
countries.

Company profit taxes are low.

Ireland is a signatory to certain conventions which facilitate recovery of
aircraft by lessors if lessees default, e.g. don't pay their rentals.

As Ireland is an EU member state, companies based in Ireland or aircraft
registered in Ireland enjoy certain rights within other EU countries.

While Irish law is generally closer to UK law, US law is well understood and
leasing contracts signed in Ireland subject to New York law can be enforced
and litigated in Ireland.

There is a great body of expertise, legal, financial and technical, in
Ireland which has been built up over many years, initially by Aer Lingus and
GPA, but now involving many more companies.  Airbus, Boeing, Air France,
KLM, ILFC all have local leasing subsidiaries and there are also indigenous
companies such as AerFi (GECAS), Pembroke Leasing and others.  Only a
minority of the aircraft leased through Ireland are on the EI- register.

There are significant numbers of EI- registered aircraft operating for
airlines based in Colombia, Costa Rica,Italy, Malta, Philippines, Russia,
Tunisia, US, for instance.

Antoin Daltun


----- Original Message -----
From: "Alireza Alivandivafa" <DEmocrat2n@xxxxxxx>
 >
> Why the EI reg?  It may have an Irish lessor, but Air France does not
attach
> N numbers to its ILFC planes
>

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